Case Study

AI Powered Contracts Analytics

Goal

Clifford Chance launched its cloud-based platform Clifford Chance Labs (CCL) and required a customizable, configurable solution​

Solution

Elevate’s open-source contract analytics AI tool was selected to build out complex document analysis solutions for the firm’s clients

Elevate’s legal AI and data science experts consulted with the firm’s data science team

The customizable solution includes:​

Configurable UI​
Modules for Natural Language Processing (NLP) and for analyzing the SEC’s public database
Pre-configured solutions for banking and finance including LIBOR-analysis, and remediation​

Outcome

Platform can analyze data quickly and integrates with other technologies used at the firm​

ELM’s data security architecture meets the requirements of banking/insurance industries​

NLP can build custom document analytics for a wide range of practice areas including M&A, commercial law, real estate and vendor management​

AI toolset decreases time spent on repetitious document analysis​

Lawyers can focus on higher level work, efficiency, lowering fees and providing better outcomes

Outcome

Platform can analyze data quickly and integrates with other technologies used at the firm​

ELM’s data security architecture meets the requirements of banking/insurance industries​

NLP can build custom document analytics for a wide range of practice areas including M&A, commercial law, real estate and vendor management​

AI toolset decreases time spent on repetitious document analysis​

Lawyers can focus on higher level work, efficiency, lowering fees and providing better outcomes

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