LegalPro-BERT: Classification of Legal Provisions by fine-tuning BERT Large Language Model

arXiv:2404.10097v1 Announce Type: cross
Abstract: A contract is a type of legal document commonly used in organizations. Contract review is an integral and repetitive process to avoid business risk and liability. Contract analysis requires the identification and classification of key provisions and paragraphs within an agreement. Identification and validation of contract clauses can be a time-consuming and challenging task demanding the services of trained and expensive lawyers, paralegals or other legal assistants. Classification of legal provisions in contracts using artificial …

abstract agreement analysis arxiv bert business classification cs.ai cs.ir cs.lg document fine-tuning identification integral key language language model large language large language model legal organizations process review risk type validation