Back to Case Studies

LegalEase Leverages Man & Machine, Boosts Contract Analytics with Expert AI Training

L
LegalEase Solutions

May 3, 2023

2 min read

share
The client is an AI-powered contract analytics service provider. They required legal AI training, as well as AI validation for their contract analytics.
1,300
documents reviewed
90
days
Contract review AI trained

Challenge

The client did not have the capacity and capability to train their AI system to review data. They reached out to LegalEase to train their contract review AI to identify 74 fields in these documents, including  

  • share capital
  • share certificates
  • conversions rights
  • exercise options
  • founder shares
  • minority rights
  • dissolution of corporations

In addition, they requested a thorough reading and review of the documents, and needed experts who understood corporate laws, regulations, and financial structure.

Solution

  • LegalEase Solutions delivered the extensive 1,300 document review by reading and comparing documents with the guidelines.
  • The LegalEase team used an escalation log to bring instances outside the guidelines to the client’s attention during the review process.

Benefit

  • The instances outside the guidelines were brought to the client’s notice immediately.
  • The client can now identify new fields to be added to future legal AI training.

Outcome

  • LegalEase Solutions processed and reviewed over 1,300 documents.
  • The client’s data science team can now train the contract review AI to process corporate document reviews based on reviews and validations by LegalEase Solutions.
  • LegalEase Solutions completed the project for the client in under 90 days.

Testimonial

“I ran them and everything looks great! The last remediation piece helped immensely. This was a very successful project – thanks to the LegalEase Solutions team and their hard work.” -Contract Review Service Provider -Contract Review Service Provider

No items found.