Case Study: International Law Firm analyzes LIBOR loan agreements at scale with Eigen Technologies

How a law firm accelerated their client's LIBOR transition program by automating document review steps and data gathering efforts

An international law firm faced the challenge of reviewing around 150 loan agreements, each several hundred pages long, as part of the LIBOR transition. The firm needed to identify key contractual terms and assess complex legal questions across a large volume of documents to support repapering efforts and regulatory compliance.

Eigen Technologies provided its NLP platform to automate the extraction of 20+ data points per agreement and answer LIBOR-related legal questions in just two to four weeks. The solution helped senior associates work faster and more efficiently, with users comfortable on the platform within two days of deployment; in total, Eigen Technologies enabled analysis of 150+ loan agreements at scale with high accuracy and a low training-document requirement.