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Assessing Contract Terms Using AI

Contract review is often critical, but tedious work. MT>3, the market leader in Canada for leading-edge legal service delivery, can help streamline this process so that business and legal teams can remain focused on the key issues. Using Artificial Intelligence (AI) or machine learning technology, MT>3 can quickly and efficiently review your existing contracts for contract provisions of interest (including termination, indemnification, insurance provisions and more).

Whether the analysis is being done to tackle Due Diligence projects or to extract key insights from contracts so that it can be transformed into actionable information, AI and machine learning tools can alleviate the workload by automatically extracting and classifying information from contracts.

MT>3’S EFFICIENT, COST-EFFECTIVE APPROACH

By engaging our MT>3 division, an experienced in-house team of knowledgeable, Canadian qualified contract review lawyers, we will help you find innovative solutions to protect or improve your business. Here’s how it works:

  • The MT>3 team leverages AI technology to undertake review of your contracts significantly faster than traditional, low-tech, manual review and have greater accuracy, flexibility and efficiency
  • For contract analysis MT>3 uses cloud-based contract review technology, which automates contract review by using AI and machine learning to review contracts, identify and extract provisions of interest for further analysis and review
  • By using the technology’s pre-trained models, MT>3 will quickly identify which agreements include provisions of interest to determine the potential impact on your businesses or transaction, or to generally improve the contracting process

When time is short and answers are needed quickly and with a high degree of accuracy, MT>3’s contract review technology can help businesses make faster and better informed decisions.