AI-Driven Contract Management: Enhancing Accuracy and Speed in Legal and Compliance

Contract management is a critical function for legal and compliance teams across industries, especially in finance, insurance, and other heavily regulated sectors. However, traditional contract review processes are labor-intensive and prone to human error. Today, the introduction of AI-powered solutions is revolutionizing this space, offering significant improvements in speed, accuracy, and overall efficiency. Companies like […]

Uhura – An AI Platform for Automating Document Driven Processes

The platform allows businesses to access sophisticated AI through the automation of complex processes that include data extraction and classification, document review and intelligent analysis. The company leverages cutting-edge technologies such as Large Language Models (LLMs) enhanced by domain-specific datasets and reinforcement learning, process automation workflows, and a low-code framework. UHURA IS AN AI PLATFORM THAT […]

The Impact of Artificial Intelligence on Legal Practice

The work of legal professionals is often inundated with a mountain of paperwork. From contracts to pleadings, reviewing legal documents is a fundamental aspect of legal practice. This is where AI document automation comes in, facilitating the resolution of paperwork challenges by simplifying processes and improving efficiency. Understanding AI in Law AI, or artificial intelligence, […]

AI’s Impact on Processing Service-Level Agreements (SLAs)

SLAs are contracts between clients and providers outlining expected service quality, with varying types based on services and stakeholders (Service-Based, Customer-Based, Multi-Level, Internal, Vendor-Based, Operational Level Agreement). All SLAs share performance metrics, responsibilities, and consequences for non-compliance. Therefore, it’s crucial to emphasise the significance of data quality and compliance, especially considering recent Gartner research, organisations, […]

AI elevates the automation of ISDA Master Agreements Processing to a proficiency level

ISDA (International Swaps and Derivatives Association) Master Agreement is a legally binding agreement between two parties that outlines the terms and conditions for a derivatives transaction and as such is widely used in the financial services industry. These agreements are complex documents and require careful negotiation to ensure compliance with applicable laws and regulations. As […]

Enhancing Non-Disclosure Agreement (NDA) Processing with AI Automation

Legal technology is in the process of adopting AI and automation, yielding significant benefits leading to time-saving and cost reduction. With AI algorithms capable of analyzing vast amounts of data within seconds, tasks that would consume days or weeks of lawyers’ time can be accomplished instantly. Automation can perform repetitive tasks like document review and […]