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” cannot cope with this complexity.
This type of task can mobilize teams of experts for hundreds of hours.