As a Due Diligence Technology provider, Imprima has worked with numerous law firms and in-house legal teams. They all share the same concern: repetitive manual work diminishes productivity and decreases job satisfaction. So, how are law firms and legal teams tackling the challenge?
AI is the obvious solution.
In this white paper we discuss:
- How to measure the reliability of the AI-based contract review platforms
- The optimal combination of the Recall and Precision parameters
- Occam’s razor vs GPT-3 approach
- Real-life example where 5% Effort achieves 95% Recall