The legal industry has traditionally been known for its heavy reliance on paper documents and manual processes. However, with the advent of artificial intelligence (AI) and natural language processing (NLP), the way legal documents are analyzed and processed is rapidly evolving.
In this article, we will explore the concept of legal document analysis using AI and NLP and how it is transforming the legal industry.
Document ingestion
Document ingestion is the first step in analyzing legal documents with AI and NLP. This involves processing all types of documents, including scanned documents, PDFs, and other formats, and turning them into machine-readable text.
Optical character recognition (OCR) technology is used to convert the scanned documents into computer-readable text. Once the text is extracted, the AI program will analyze the content of the document and generate internal metadata about the document, such as paragraph delineation, article numbering, and section numbering. The program may also identify emphasized words and other formatting elements to provide context to the content.
Topic extraction
After the document is converted into machine-readable text, the AI program can start extracting topics from the document. Topic extraction involves identifying the main themes of the document, such as criminal cases, immigration cases, lawsuits, or other legal concepts.
Summarization
Once the program has extracted the topics, it can summarize the document in a shorter form. The summary can be created by either extracting key phrases or abstracting the document into a condensed version.
Extractions
Entity extraction involves identifying key entities mentioned in the document, such as people, places, and dates. This provides a more comprehensive understanding of the document and helps identify the key players and events involved in the legal matter.
Tables are often included in legal documents to present data and statistics in a clear and concise manner. The AI program can extract tables from the document and analyze them to gain deeper insights into the content.
Legal documents are often organized into clauses and articles. AI programs can extract clauses and articles and analyze them to gain a deeper understanding of the content.
Classification
The final step in legal document analysis is classification. Classification involves labeling documents based on their content, such as agreements, lawsuits, or decisions. The AI program can learn to classify documents based on their characteristics and labels, which helps streamline the process and improve accuracy.
How this leads to Legal Document Analysis
AI and NLP are transforming the way legal documents are analyzed and processed. By automating the process of document analysis, AI programs can extract key information and insights from legal documents, saving time and improving accuracy. The technology is still in its early stages, but it has already shown promising results and has the potential to revolutionize the legal industry.
Apogee Suite of NLP and AI tools made by 1000ml has helped Small and Medium Businesses in several industries, large Enterprises and Government Ministries gain an understanding of the Intelligence that exists within their documents, contracts, and generally, any content.
Our toolset – Apogee, Zenith and Mensa work together to allow for:
- Any document, contract and/or content ingested and understood
- Document (Type) Classification
- Content Summarization
- Metadata (or text) Extraction
- Table (and embedded text) Extraction
- Conversational AI (chatbot)
Search, Javascript SDK and API
- Document Intelligence
- Intelligent Document Processing
- ERP NLP Data Augmentation
- Judicial Case Prediction Engine
- Digital Navigation AI
- No-configuration FAQ Bots
- and many more
Check out our next webinar dates below to find out how 1000ml’s tool works with your organization’s systems to create opportunities for Robotic Process Automation (RPA) and automatic, self-learning data pipelines.