When We Took a Data-Driven Look at Large Language Models (LLMs) in Contract Review, We Found a Few Noteworthy Insights

For legal departments, procurement teams, and law firms evaluating artificial intelligence (AI) for contract review and analysis, data-driven benchmarking to support understanding and strategy development can be complex and time-consuming. We conducted a careful, controlled study focused on measurable outcomes to avoid overstating the capabilities of any single approach to working with large language models (LLM) in contract review. Results were intriguing! Our research has widened our understanding of how and when LLMs can deliver value and why human expertise remains essential.

Read more