Contract Summaries & Reporting
An intelligent platform that automatically analyzes contracts and extracts fully-customizable key data points, generates comprehensive summaries, and provides actionable insights through customizable reports.
Approach
Product Discovery
Analyzed market and customer willingness to pay for new Accord platform and identified that automated summaries were a key offering to enhance perceived value of solution and increase willingness to pay.
ML Model Development
Collaborated with ML team and legal SMEs to develop processes for creating high-quality starter templates,verifying model outputs, and prompt engineering to enhance performance.
UI/UX Design
Collaborated with team and UX Designer to create intuitive interfaces for creating summary templates, viewing completed summaries, and managing contract summaries.
Impact & Outcomes
- 60% reduction in contract review time for complex agreements
- Nearly 100% accuracy in automated summary generation for simple agreements
- 85% or greater accuracy in automated summary generation for complex agreements
Project Gallery
A completed contract summary for an NDA
A completed contract summary for a term sheet
A completed contract summary for a term sheet
Accord Markup Builder
Accord Contract Summaries