Out-of-the-box AI to cure contract pain
Natural Language Processing for Contracts
Artificial Intelligence (AI) stands at the forefront of technological innovation and continues to reshape the way we live, work, and interact with the world. Our 2,000+ pre-built AI Sifters® are ready to join your team and bring control to your contracts.
What is a Sifter?
Visit our Sifter FactorySifter Benefits
- Quality and Consistency: Sifters don’t get tired or distracted. They reduce risk and standardize work.
- Speed: Sifters review contracts in a minute or two.
- Cost: Sifters reduce contract management costs both before and after you sign agreements.
Why is our AI different?
The dog is brown. They call him Charlie.
Charlie is a Labrador retriever.
The brown puppy is named Charlie.
People use different words to describe the same thing, like Charlie the dog. The variety makes language interesting ... and legal documents painful to read.
Each Sifter uses two types of artificial intelligence to solve this problem: machine learning (ML) and natural language processing (NLP).
NLP teaches computers to interpret human language as written, regardless of style. Each Sifter uses NLP to convert text into meaning.
We train our Sifters with machine learning to identify a specific concept like a consequential damages waiver. Our lawyers find hundreds or thousands of examples of a specific concept. Our Data Science team uses machine learning to find the intangible thread that binds the writing of lots of lawyers, all with their own grammatical flair.
As more of our clients use a Sifter, it improves. Our Sifter Trainer, for example, retrains Sifters within 5-10 days of receiving client feedback.
Our human-in-the-loop philosophy
- The Contract Control Program and all of its components are built on a human-in-the-loop philosophy. We know that a human plus an algorithm is better than either by itself.
- People are needed to keep the technology recommendations in check. A human needs to sit in judgment when AI offers guidance, checking it for relevancy and accuracy.
- AI helps humans. Our Sifters prevent mistakes, reducing risk and saving your organization time and money.