Episode summary: This week’s episode explores the current possibilities in applying natural language processing for legal contract review. We speak with Andrew Antos and Nischal Nadhamuni from Klaritylaw, a Boston-based startup focused on using natural language processing (NLP) based information extraction, from non-disclosure agreements (NDAs), in a live setting.
We delve into the current and future roles of AI and lawyers with respect to legal contracts. AI is currently being applied in applications like retroactive analysis and information identification in legal documents. According to Andrew and Nishchal, in the future we will see on-the-fly legal content creation from AI tools and NLP being applied to most commercial contracting. Although, one restraint that AI companies presently face in the legal domain is the lack of access to huge amounts of publicly available data.
You can listen to the full interview with Andrew and Nischal here:
Predicting Sales Propensity with Artificial Intelligence - Opportunities and Challenges
Bridging the Data Science Gap - Why Subject-Matter Experts Matter
How Machine Learning Could Help CPG Companies Beat Out Their Competitors
AI for Enterprise Search - Challenges and Opportunities
How to Determine the Data Needs of an AI Project or Initiative
Data Collection and Enhancement Strategies for AI Initiatives in Business
The State of AI for Sales Enablement, and the Evolution of the CRM
AI for Retail and eCommerce in India - Challenges and Opportunities
The Future of Drug Discovery and AI - The Role of Man and Machine
AI for Government and NGO Social Good Initiatives - an Interview with the Wadhwani Institute