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One of the key advantages of AI document review is its unparalleled speed and accuracy. Advanced natural language processing algorithms enable the AI to quickly sift through large volumes of text, accurately identifying relevant information and extracting key insights.
Lawgeex. Lawgeex is what you need if you want to automate the contract review process. The app uses AI-driven tools to review and redline contracts in ance with your company's policies, guidelines, and other legal concepts.
AI-based contract analysis software can extract critical information pertinent to individual clients, client types, or matters. AI can also help you manage obligations, payments, and deadlines, with automatic notifications.
Like a human lawyer, contract AI begins by understanding and familiarising itself with the language used in legal contracts. To do this, the algorithms that power contract AI tools are trained to identify and flag patterns and behaviors in contracts.
AI-powered document review facilitates a quicker and more efficient high-level review of legal documents and may e.g. identify significant differences between contracts in a due diligence process, ensuring that key provisions are highlighted as quickly as possible.