Accelerating Legal Contract Review with Generative AI
A legal and compliance team streamlined its contract review process using Generative AI to extract key terms, flag risk clauses, and summarize obligations. This significantly reduced manual workload, accelerated turnaround times, and improved consistency in reviews.
Challenge
Reviewing contracts manually was labour-intensive and required legal staff to read through lengthy documents line by line. This led to inconsistent interpretation, potential oversight of key terms, and slower turnaround - especially during high-volume periods. Additionally, teams lacked an efficient way to search through past contracts to identify whether specific clauses had been included previously, making it difficult to ensure consistency or respond quickly to legal and regulatory queries.
Solution
We implemented a Generative AI-powered solution to support legal and compliance teams in reviewing both new and historical contracts. The AI extracts key clauses, highlights risk areas, and provides plain-language summaries of rights, obligations, and terms. It enables quick clause comparison across documents and flags deviations from standard templates or policy guidelines. Past contracts can be queried using natural language to locate specific clauses or legal positions - reducing reliance on manual lookups. Human-in-the-loop review ensures that critical decisions remain under legal oversight while accelerating the overall review process.
Impact
Faster, More Consistent Contract Reviews
AI-powered clause extraction and summarization reduced manual effort and ensured consistent analysis across new and existing contracts.
Improved Visibility into Legacy Agreements
Teams could instantly search and analyze past contracts to confirm clause presence, identify variations, or respond to regulatory questions.
Reduced Legal Workload Without Compromising Oversight
Routine reviews were offloaded to AI, enabling legal professionals to focus on negotiation strategy, risk management, and complex exceptions.
Industry
All Industries, Legal & Compliance, Procurement
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