Legal Archives - Imprima Secure Online Data Room Services by Imprima Wed, 11 Jun 2025 12:16:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://www.imprima.com/wp-content/uploads/2021/04/favicon.png Legal Archives - Imprima 32 32 Maximise AI Redaction ROI with These Must-Have Features https://www.imprima.com/blog/maximise-roi-redaction-features Tue, 10 Jun 2025 12:25:19 +0000 https://www.imprima.com/?p=23298 Virtual Data Rooms (VDRs) are critical for securely managing sensitive documents during due diligence, mergers, or audits. Redaction tools integrated into the VDR can streamline this process, ensuring compliance and minimising risk. To deliver a strong return on investment (ROI), we know that AI redaction tools need to be both: However, redaction tools also require […]

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]]> AI Driven Redaction – Balancing Recall and Precision https://www.imprima.com/blog/ai-driven-redaction-balancing-recall-and-precision Tue, 13 May 2025 15:17:48 +0000 https://www.imprima.com/?p=23226 In our previous blog, we explored how Large Language Models (LLMs) power the automatic redaction of sensitive information, emphasising the potential for high accuracy. Today, we’ll dive deeper into the evidence behind this claim, focusing on the critical metrics of recall and precision in our LLM-driven Smart Redaction technology.  Understanding Recall As highlighted an earlier […]

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]]> The Most Secure Redaction Method https://www.imprima.com/blog/the-most-secure-redaction-method Tue, 15 Apr 2025 10:39:54 +0000 https://www.imprima.com/?p=23185 Redaction, the process of obscuring sensitive information in documents, is a cornerstone of data security and successful deal-making, particularly in the high-stakes world of mergers and acquisitions. Manual Redaction is a tedious and error-prone process (see our blog: “To Err is Human” – Redaction Challenges). Automated redaction that is accurate is not easy to achieve […]

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]]> How to avoid redaction fails https://www.imprima.com/blog/how-to-avoid-redaction-fails Mon, 31 Mar 2025 12:45:32 +0000 https://www.imprima.com/?p=23169 Properly redacting sensitive information, such as personally identifiable information (PII), ensures compliance with privacy laws, protects reputations, and prevents costly leaks that could derail deals or expose individuals to risk. When done poorly, however, the consequences can be disastrous. Real-world redaction failures The stakes of redaction are high, and recent history is littered with examples […]

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]]> Exploring the best approach to AI Redaction https://www.imprima.com/blog/the-best-approach-to-ai-redaction Wed, 06 Nov 2024 12:13:53 +0000 https://www.imprima.com/?p=22965 In recent years, many suppliers now provide what they call “AI-Redaction.” However, what are the underlying technology methods, and are some approaches better than others? “AI-redaction” is a broad term that can cover techniques such as classical machine learning (ML) models, traditional search techniques and creating lists, and regular expressions (Regex). We’ve previously written about […]

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]]> AI-Redaction that works in practice https://www.imprima.com/blog/5-simple-redaction-features Wed, 17 Apr 2024 14:02:56 +0000 https://www.imprima.com/?p=22628 AI redaction tools are designed to automatically detect and remove sensitive information from documents to ensure data privacy and security. In addition to accurate results, there are several important usability features that are crucial for a tool that will give you return on investment. Here are some key features you should look out for when […]

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]]> LLM-based AI – how accurate is it https://www.imprima.com/blog/llm-based-ai-how-accurate-is-it Wed, 17 Jan 2024 09:45:24 +0000 https://www.imprima.com/?p=22396 In our previous post “Should we blindly trust AI?”, we discussed the main benefit of an accurate AI tool for information extraction. And that is that it saves the user time, and not that it takes the human out of the loop. At Imprima we like to be open about how accurate AI can be. […]

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]]> Should we blindly trust AI? https://www.imprima.com/blog/should-we-blindly-trust-ai Wed, 13 Dec 2023 19:33:35 +0000 https://www.imprima.com/?p=22363 At Imprima, we believe no one should rely wholly on AI without careful thought, regardless of its accuracy. Even the most accurate AI can’t fully see issues the way you can. Why? Simply because the AI does not have the specific context and responsibilities that you have. At the end of the day, you own whatever […]

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]]> How Large Language Models change the game for Due Diligence Reviews https://www.imprima.com/blog/llm-document-summaries Tue, 10 Oct 2023 11:12:54 +0000 https://www.imprima.com/?p=22296 Technology deep dive (but don’t be put off if you are a non-technical person, we will keep it high-level) Last week we discussed why information extraction and automated document summaries for Due Diligence is a difficult nut to crack. This week we discuss how it can be done, with AI. But not just any AI. […]

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]]> Close, but no cigar: why pseudo AI fails to provide a solution to Due Diligence https://www.imprima.com/blog/challenges-of-making-summaries Mon, 02 Oct 2023 16:07:43 +0000 https://www.imprima.com/?p=22274 Time Pressure and Error Understanding the risk or value of a company by reviewing its documentation is a time-consuming task, particularly when dealing with large volumes of documents or complex information. Time pressures can give cause to oversight. and we’ve seen this in the past with examples such as Caterpillar and Siwei (2010) in which […]

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]]> Secure Redaction https://www.imprima.com/blog/secure-redaction Tue, 04 Jul 2023 11:18:00 +0000 https://www.imprima.com/?p=22163 AI redaction needs to be accurate (read more), automatic (read more), and easy to use. However, all these features are worthless if you can’t rely on the redaction to be securely implemented. You need to have the confidence that the people viewing the redacted documents can’t see what has been redacted, unless they are permitted. […]

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]]> Customised AI-redaction – making sure it redacts what you want redacted https://www.imprima.com/blog/redaction-flexibility Wed, 28 Jun 2023 11:07:34 +0000 https://www.imprima.com/?p=22126 Last week, we addressed the challenge of achieving perfect accuracy in automated redaction. We emphasised that even with the most advanced technology, perfect recall and precision are not feasible, despite what some vendors may claim. Contrary to the practice of other vendors, we like to be open about our accuracy statistics, and you can read […]

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]]> Large Language Models for Automated Redaction https://www.imprima.com/blog/automated-redaction-llm Tue, 13 Jun 2023 08:29:37 +0000 https://www.imprima.com/?p=22087 Technology deep dive (but don’t be put off if you are a non-technical person, we will keep it high-level) Last week we discussed how time limits and the likelihood for error make manual redaction very challenging, and why even automated redaction is a difficult nut to crack, at least with traditional search methods, and “Regular […]

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]]> Automated Contract Summaries for Corporates https://www.imprima.com/blog/automated-contract-summaries-for-corporates Tue, 25 Apr 2023 11:29:43 +0000 https://www.imprima.com/?p=21897 How Imprima’s Smart Summaries Tool is Revolutionising Corporate Deal Making Are you tired of spending hours poring over legal documents and contracts during corporate deal making? Imprima has the solution: Smart Summaries, our cutting-edge AI-powered tool that creates automated contract summaries so you can analyse and summarise legal documents and contracts quickly and accurately. Smart […]

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]]> Smart VDRs – It is all about Accuracy https://www.imprima.com/blog/smart-vdrs-accuracy Tue, 17 Jan 2023 12:39:28 +0000 https://www.imprima.com/?p=21654 Last week we shared our blog on Smart VDRs with you. It included some accuracy stats on Smart Summaries, the key Machine Learning tool to extract data points from transaction documentation (such as dates, locations, etc.). Before that we shared the accuracy stats of our Smart Redaction tool. Today we would like to zoom in […]

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]]> Smart VDR – a Paradigm Shift https://www.imprima.com/blog/smart-vdr Wed, 04 Jan 2023 10:49:58 +0000 https://www.imprima.com/?p=21419 Virtual Data Room (VDR) replaces Physical Data Rooms (2002-2022) 20 years ago, the M&A Due Diligence (DD) process changed fundamentally with the introduction of Virtual Data Rooms. Before then, DD was conducted by designating a separate physical room at the seller’s office, where physical copies of all company documentation pertinent to the DD were made […]

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]]> What Will Be the Impact of AI on the legal profession in the Coming Years? https://www.imprima.com/blog/what-will-be-the-impact-of-ai-on-the-legal-profession-in-the-coming-years Tue, 27 Apr 2021 21:03:22 +0000 https://www.imprima.com/?p=8703 The beginnings of AI’s impact on the legal profession is already noticeable. Legal professionals are adopting AI software solutions to automate many areas of their work, generating greater accuracy, efficiency, and cost savings. Over the coming years, AI’s impact on the legal profession will likely grow, significantly disrupting the sector as we know it. How […]

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