Agiloft’s New ‘AI Trainer’ Is Designed To Empower Non-Technical Users To Create Custom AI Models
Summary
One of the challenges of using artificial intelligence software for contract review is training the AI to conform to a company’s unique preferences regarding clauses and key terms. Called AI Trainer, the product provides a no-code training capability that enables non-technical users, including subject matter experts and legal professionals, to train AI models on the unique clauses and key terms specific to their organization or industry. “That is why relying on pre-trained, generic AI models alone simply does not get the job done.” AI Trainer, he said, “provides legal and contracting teams with an easy-to-use, self-service tool that helps them codify their expertise to enhance the automation of the contracting process.” Learn more about Agiloft in the LawNext Legal Technology Directory. During the training process, AI Trainer holds back about a quarter of the documents in the set to test the model and calculate its precision and recall. Wishart said that the launch of AI Trainer is in keeping with the company’s broad vision to “build connected, intelligent, and autonomous contracting processes to help our customers unlock the value of their contract data, to ultimately accelerate decision making, and decision making that will ultimately then accelerate their business.” The company has mapped out four stages in the execution of this vision: The launch of AI Trainer falls within that intelligent and optimized phase, and builds on its launch last January of ConvoAI, a feature that lets users interact with contracts in a chat-like interface.
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