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Saturday, July 11, 2015

Contract Analytics

Recent post in Prism Legal.   Seems a natural text analytics application, with the potential to link to trend analysis and structured data from a number of legal contexts.

" ... IBM Watson for Contract Analytics at Legal OnRamp

In a prior post on IBM Watson, I noted that Legal OnRamp uses Watson “to process and understand high volumes of contracts.” I describe here more about this and provide context about Watson and contract analytics.

Legal OnRamp Uses IBM Watson to Analyze Contracts

OnRamp describes itself as offering “hosted software and services to help legal departments deliver results more efficiently with higher quality and lower cost.” I recently spoke with Paul Lippe, CEO (and former GC of Synopsys, an AI software company for computer-aided design), and other management to learn more about their use of IBM Watson.  ... " 

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