Case Study: Kroll cuts contract review time from months to weeks with Relativity Contracts

Kroll cuts contract review from months to weeks with Relativity

Kroll, a global firm providing risk and financial advisory solutions, faced a challenge when a client needed to centralize and extract key data from over 15,000 legacy contracts spanning more than 50 years. The manual review required to locate and structure this information was prohibitively slow and costly. To address this, Kroll utilized Relativity Contracts from the vendor Relativity to automate this complex process.

The solution implemented with Relativity Contracts involved automating metadata extraction and deploying custom generative AI prompts to accurately identify critical clauses across the vast document set. This technology-first approach, supported by targeted expert validation, centralized all contracts into a single searchable repository. As a result, Relativity helped Kroll dramatically cut the client's review and data extraction timeline from months down to weeks, achieving significant time and cost savings while greatly improving data accuracy and visibility into contractual obligations.

Kroll