Extract

The Extract legal app streamlines document analysis by automating the identification and extraction of key entities from legal agreements. Instead of manually reviewing contracts for critical information, legal professionals can use this app to quickly pull predefined data points from documents stored in NetDocuments.

The app supports extraction templates tailored to specific document types, including Leases, Non-Disclosure Agreements, Master Services Agreements, and Independent Contractor Agreements. Users simply select a document from their repository, and the app automatically extracts relevant entities—such as party names, key dates, payment terms, and governing law—based on the predefined template for that document type.

Once the extraction is complete, the results are compiled into a structured Word document report, which can be saved back into NetDocuments for easy reference. The app’s functionality is highly customizable: additional document types and extraction templates can be added, and extracted data can be stored not just in reports but also in structured data tables, within the document’s profile, or even sent via email.

By eliminating the need for manual data entry and review, the Extract app enhances efficiency, reduces errors, and ensures consistency across contract lifecycle management workflows. Whether flagging obligations, tracking renewals and expirations, summarizing key terms, or preparing market trend reports, legal teams can leverage this tool to streamline their document analysis.