The search for critical clauses in large sets of contracts is one of the critical phases of the Due Diligence and Compliance processes:
- LIBOR clauses in structured loan agreements ;
- Force majeure clauses in commercial contracts ;
- Non compete clauses in employment contracts ;
The difficulty of the task lies in the possibly very heterogeneous drafting of the clauses.
Basic keyword-based approach cannot cope with this complexity.
This type of task can mobilize teams of experts for hundreds of hours.