Natural Language Processing (NLP) is a subfield of Artificial Intelligence (AI) that uses computational tools to tag, translate, summarize, analyze, and extract data for review. The result is a technology platform capable of "understanding" the contents of documents. Recent advances have enabled AI in legal tech to deliver NLP with greater speed and accuracy.
In this ebook, we’ll explore past NLP challenges, answer the basic question: “How does clause extraction NLP work?” and reveal outcomes legal companies or departments can achieve by leveraging NLP technology in their contractual review processes.