The work of lawyers in charge of Call for Tender documents consists firstly of identifying the key elements of the document, sometimes in thousands of pages, and then synthesizing this information into a “Legal Memo” of just a few items. Through semantic analysis, an automated Legal Support software will read the legal document in minutes and identify the key points the Call for Tender, filtering the information and highlighting the risks.
The return on investment of such technologies has become consequential & measurable. For a large company, the examination of legal and contractual documents requires several thousand days of expert legal teams. By helping these teams to quickly identify the main points in a legal document, semantic analysis facilitates their work, dramatically reducing the processing time of a document and its arduousness.