Buoyed by companies needing to more efficiently draft and elicit insights from their contracts, the market for artificial intelligence-powered contract platforms has taken off. One area where AI technology can be harnessed for many benefits is mergers and acquisitions (M&A), where parties can be easily inundated by the sheer amount and complexity of agreements they need to create and review.

To better help attorneys navigate such contract drafting, Wolters Kluwer recently launched its M&A Clause Analytics platform. Here’s a look at how the new platform works, and how Wolters Kluwer is trying to stand out from the competition: