Contract Retrieval Task
A Contract Retrieval Task is an legal document retrieval task that involves systematically identifying and extracting specific information from legal contract documents.
- Context:
- It can be supported by a Contract Retrieval System.
- ...
- Example(s):
- retrieve all of our Employee Agreements with a non-compete clause.
- ...
- Counter-Example(s):
- See: Legal Contract, Document Review, Text Mining, Natural Language Processing (NLP), Legal Informatics.
References
2023
- (GM-RKB ChatGPT, 2023) ⇒ Summarize the concept Contract Retrieval Task in 1- 2 paragraphs, promt.GM-RKB ChatGPT (model: gpt-4-1106-preview) Retrieved: 2023-12-24.
- QUOTE: The Contract Retrieval Task is a specific application within the domains of information retrieval, natural language processing, and legal informatics that focuses on the automated identification and extraction of relevant information from contractual documents. This task involves designing algorithms and systems capable of understanding and parsing the complex, often legalistic language found in contracts to pinpoint specific clauses, terms, and obligations that a user or an application deems essential.
Due to the dense and unstructured nature of legal texts, Contract Retrieval Tasks present unique challenges. They require sophisticated text analytics, including the use of machine learning models for document classification, named entity recognition, and relationship extraction, to accurately retrieve the information sought. These systems are particularly valuable in the legal profession and in corporate environments where contracts play a central role, as they can provide significant efficiencies in contract review, risk management, and compliance auditing processes by reducing the manual labor associated with these tasks.
- QUOTE: The Contract Retrieval Task is a specific application within the domains of information retrieval, natural language processing, and legal informatics that focuses on the automated identification and extraction of relevant information from contractual documents. This task involves designing algorithms and systems capable of understanding and parsing the complex, often legalistic language found in contracts to pinpoint specific clauses, terms, and obligations that a user or an application deems essential.