Extracting contract insights with PwC’s AI-driven annotation on AWS

This post was co-written with Yash Munsadwala, Adam Hood, Justin Guse, and Hector Hernandez from PwC.

Contract analysis often consumes significant time for legal, compliance, and procurement teams, especially when important insights are buried in lengthy, unstructured agreements. As contract volumes grow, finding specific clauses and assessing extracted terms can become increasingly difficult to scale.

Today, many teams rely primarily on keyword and pattern-based extraction or contract management systems to analyze contracts. While these methods can work, they often fall short of providing consistent insights at a scale. As a result, many teams are exploring AI-based approaches that can combine large language models (LLMs) with automated extraction workflows.

PwC’s AI-driven annotation (AIDA) solution, built on AWS, can extract structured insights from contracts through rule-based extraction and natural language queries. Using LLMs, AIDA can interpret complex legal language and extracts insights based on defined rules. Users can ask natural language ...