Accelerate your contract drafting process with NLP

Speed up the process
Reduce human errors
Eliminate contradictions

Challenge

Drawing up contracts is very time-consuming and requires a lot of experience because how contracts are formulated is a crucial part of the process as it is incredibly important to be able to ensure that terms and obligations are expressed correctly. Careless mistakes or other errors occur, especially when many lawyers start from a prescribed template and the consequence of it can be incredibly costly in the end.

Opportunity

One way of solving this problem with AI is to apply legal document automation. Using natural language processing you can draft contracts like never before. This will not only speed up the process but also optimize the wording and reduce human errors. If AI is implemented it can also detect contradictions in a contract ensuring that two clauses do not strike each other. This is a very crucial feature that raises the quality to a new level.

What can Peltarion do for your business?

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