Case Studies

Harnessing AI for Fast and Efficient Real Estate Portfolio Review

ClearyX provides an AI-driven, cost-effective due diligence solution for the time-sensitive review of commercial real estate documents.

Project Overview

ClearyX successfully leveraged its expertise with machine learning tools to deliver a review of an extensive commercial real estate portfolio for a time-sensitive matter. The experience of ClearyX’s transactions team, combined with the integration of leading-edge AI, enabled ClearyX to deliver high-quality work in a cost-effective manner.

Challenge

A client seeking to acquire a major retail company needed to review 100 critical commercial leases within a very short timeframe. The complex leases comprised more than 1,200 documents, totalling over 15,000 pages. With only three business days to complete the review, the client considered having a team of legal associates conduct the review using a traditional approach but chose to leverage ClearyX’s technological expertise to deliver a more efficient and cost-effective result.

Solution

Using a combination of technology and real estate expertise, the ClearyX Transactions team quickly identified and reviewed the most relevant and critical lease provisions, preparing a comprehensive and accurate report of key data points for all 100 properties. The work was completed within just three days and at a fraction of the cost of using legal associates and traditional review methods.

Highlights

Documents
0
Days
0
Estimated Savings
$ 0 K
in Legal Fees
Harnessing AI for Fast and Efficient Real Estate Portfolio Review

Our Solutions

At ClearyX, we are striving to revolutionize legal services and provide efficient, tech-forward solutions for some of the most frustrating challenges experienced by legal teams and business leaders, such as contract management, document and process automation.

Case Study

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