Of the many challenges facing in-house attorneys in M&A or a company restructuring, reviewing and organizing company contracts is perhaps the most labor-intensive task. With advancements in artificial intelligence (AI), however, many legal teams been able to reduce the amount of time and effort such review can entail. But AI is far from a silver bullet.
Almost all AI contract deployments in legal relies on machine learning, which allows a program to be taught how to understand a dataset with an almost human level of comprehension. This training, though, is far from automatic or simple.
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