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Legal professionals and developers handling contract analysis face a perennial nightmare: manually combing through hundreds of pages to locate critical clauses like termination dates and renewal terms. The process is not just tedious—it’s a security minefield when sensitive documents get uploaded to third-party platforms. Enter Contract Extraction Assistant, an open-source solution that reimagines contract analysis with developer-centric privacy controls and blistering speed.

The Architecture of Efficiency

At its core, the tool employs a hybrid extraction pipeline that combines Mistral's LLM intelligence with regex pattern matching—a deliberate design choice that balances contextual understanding with computational efficiency. When you upload a PDF:
1. PyMuPDF extracts text while keeping files local
2. The system sends only contextual prompts to Mistral's API (using your key)
3. Regex patterns serve as first-line extractors or fallbacks for structured data
4. spaCy handles NLP preprocessing

The result? A React-powered dashboard that renders structured JSON/CSV outputs within seconds, complete with page references and extraction methodology.

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The tool's interface shows extractions with source verification capabilities

Performance That Redefines Expectations

Recent benchmarks on an M1 Mac demonstrate radical efficiency:

Task This Tool Standard LLM Advantage
Single document (5 pages) 3.09s ~7s 2.3× faster
Batch (5 contracts, 97pgs) ~9s ~86s 9.5× faster

The secret lies in concurrent processing—uploaded contracts are analyzed in parallel rather than sequentially. As batch sizes grow, the time savings compound dramatically since the system only waits for the slowest file rather than processing each consecutively.

Privacy by Architecture

Unlike SaaS alternatives, this system enforces data sovereignty:

# .env configuration ensures BYOK privacy
MISTRAL_API_KEY=your_key_here
  • PDFs never leave your machine—only encrypted prompts hit the API
  • Configurable for Mistral's production tier (with data privacy guarantees)
  • MIT-licensed for enterprise modification and self-hosting

The Developer Experience

Implementation couldn't be more straightforward:

docker compose up --build  # Full-stack launch in one command

The roadmap reveals ambitious plans: multi-provider support (OpenAI/Anthropic), visual PDF annotation, and a custom pattern builder. The current version already delivers:
- Four core field extractions (dates, renewal terms, termination clauses)
- Export to JSON/CSV/PDF/TXT
- Expandable verification panels showing extraction sources

Why This Matters Beyond Legal Tech

This isn't just about parsing contracts faster—it's a blueprint for privacy-preserving document automation. By decoupling sensitive data processing from cloud dependencies, the tool offers:
1. A template for ethical AI implementation
2. Reduced liability through local data handling
3. Cost control via BYOK billing

As regulatory scrutiny around data handling intensifies, architectures like this demonstrate that speed and security aren't mutually exclusive. For developers building document pipelines, it’s an open invitation to rethink extraction workflows from the ground up—with privacy as the foundation rather than an afterthought.

Source: Contract Extraction Assistant GitHub Repository