AI is good at pattern-recognition, and contracts are highly patterned.

But for contract review AI to be useful, it needs to know (among many other things) whether a party is a seller or buyer and what their risk tolerance is.

Here's a blog I wrote about it:

blog.lawgeex.com/how-you-can-...

LawGeex #AI Schools Lawyers on NDAs With #DeepLearning
@NVIDIA @LawGeex_ #ML #GPU #LegalTech http://bit.ly/2F7WU6t

Miller was asked why @hp partnered with @lawgeex. She says they had looked at #AI for years but the GC suggested looking at a way to #innovate #contractreview. During the pilot, they realized it could provide some new oppys for Legal. #legalcontinuity

Miller says one of the advantage of using #legaltech is it allows you to gather data (instead of just your lawyers' anecdotes and instincts) on your legal work, your tasks, your contracts, etc. @hp #lawgeex #DataMatters

Miller suggests mixing static and dynamic ways into Legal; i.e. they've built some portals but business folks also have ability to email #NDAs directly into @lawgeex. #legalcontinuity

YES-all this! "We looked for a team culture where people were not afraid to make mistakes. If people failed, they still learned from it." The ENTIRE Legal industry needs to listen to @hp's Suzanne Miller! #legalcontinuity #lawgeex

When applying this framework, @HP found #legalcontinuity really came down to the people--they found their "agility players" who would identify tasks and processes that the company may no longer need to do or find value in. Those folks are open to new ideas and change. #lawgeex

I'm warming up my live-tweeting fingers @HP @lawgeex_ #lawtwitter @appellatetwitter! #legalcontinuity #legaltech #LawGeex

Ooh. Suzanne Miller is displaying a 4-box framework @hp has used to analyze all the work the Legal team is currently doing and how any of those could be transformed or stopped and can see how everyone may be doing work differently. #legalcontinuity #lawgeex

Miller says all this #legalcontinuity plan was put to the test soon after, with a recession and budget cuts in 2016. @hp #lawgeex

Ooh! Are you listening law firms?? I know GCs have been asking about succession plans for more than a few years now. Of course, that also helps if you want a chance of retaining clients when a relationship partner leaves the firm. #legalcontinuity #lawgeex

Then I ran into the @lawgeex diaspora! #legaltech #innovation

Last week I learned 1 client used @LawGeex to ensure their fewer attys (due to #COVID19) could reduce time spent reviewing routine contracts so they didn't have to deprioritize those. This way they could ensure they could turn those around quickly. #legalcontinuity #legaltech

In times of non-crisis, @hp focused on building succession plans for each people manger and subject matter expert. @lawgeex #lawgeex #legalcontinuity

If you missed Suzanne Miller discussing in detail yesterday how @HP adjusted to #COVID19 less painfully bec of longstanding #legalcontinuity planning, read on for all the #leansixsigma #legaltech #employeewellness goodness! @lawgeex_ #lawgeex...

One of the things @hp focused on 5 years ago was on developing & implementing cross-training to ensure each person had backup & could flex to meet business changes/crises. #lawgeex #legalcontinuity

The talk of last week was 4 big fundraise rounds by #legaltech corps focused on contract review/management (disclosure: including @LawGeex). Are investors honing in more on where tech can be specifically & discreetly applied to support improved workflow? <a href="http://ow.ly/CNZt50zHvsf" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">http://ow.ly/CNZt50zHvsf

Have you read our new @lawgeex_ eBook on tech-enabled insourcing? It recommends looking at your allocation & utilization of resources & personnel when considering cutting costs via outsourcing, insourcing or tech-enabled insourcing. #legaltech #insourcing <a href="http://ow.ly/oZz550zO14R" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">http://ow.ly/oZz550zO14R

How did @DataRobot's Legal team maintain responsiveness and do more with less? Sign up now to hear Nicole Ducharme on Wed. 6/10 discuss how they used tech innovations to alleviate challenges. #legaltech #innovation #AI #contractreview LawGeex <a href="http://ow.ly/Pzhu50zUeN5" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">http://ow.ly/Pzhu50zUeN5

"Does it make sense to outsource high-value legal work to outside counsel during a downturn? What about developing sustainable and cost effective in-house resources to handle it?" Check out Judi Crimmins' latest blog. #insourcing #legaltech @LawGeex <a href="http://ow.ly/X3Fg50A0n5C" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">http://ow.ly/X3Fg50A0n5C

It's all about #value: "Investors are betting that a handful of #legaltech companies will not only survive, but thrive in the current economic downturn. It all comes down to a value proposition focused squarely on cost savings." @lawgeex #startup...

I'm so excited LawGeex is sponsoring the @Suffolk_Law & @LibertyMutual 4th annual Boston Legal Design Challenge! I hope someone will be live-tweeting it! #innovation #disruption <a href="http://ow.ly/kSci50C9Fm5" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">http://ow.ly/kSci50C9Fm5

https://www.linkedin.com/posts/lawgeex_lawyers-linkedinforlawyers-lawgeex-activity-6732284079208722432-CSWt

Surely 1 of these 5 reasons are compelling, Lawyers? If you're not using technology to speed up the most boring parts of your job and save money, why not? #AI #legaltech #morewithless @lawgeex_ https://blog.lawgeex.com/5-reasons-your-legal-team-needs-ai-contract-review

This was the advice by @lucybassli in the @lawgeex_ Contract Tech Buyer's Guide also--not every system can do all things for all people, so hone in on those that solve your most pressing problems. https://www.lawgeex.com/contract-tech-buyers-guide-2021/ #contractautomation #legaltech