By transforming narrative descriptions into structured data, Brightflag provides customers with practical insights they can use to make stronger strategic decisions and confidently manage legal spend. Since 2014, Brightflag customers have been leveraging its AI to gain visibility into their global legal portfolios, identify cost-saving opportunities, and accelerate financial workflows. The data insights generated in the process have driven strategic decisions around annual forecasting, matter budgeting, alternative fee arrangement (AFA) negotiation, vendor benchmarking, and more. We recently surpassed a significant product milestone with 100,000 hours now invested in the development and training of its proprietary machine learning model by its in-house team of data science and corporate legal experts. The insights generated by Brightflag’s AI have been validated and applied by hundreds of corporate legal teams while managing live legal matters.