Domain-trained small language model Olava Extract outperforms frontier LLMs on structured contract extraction with macro F1 0.812, micro F1 0.842, highest precision, and 78-97% lower inference cost.
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A Few Good Clauses: Comparing LLMs vs Domain-Trained Small Language Models on Structured Contract Extraction
Domain-trained small language model Olava Extract outperforms frontier LLMs on structured contract extraction with macro F1 0.812, micro F1 0.842, highest precision, and 78-97% lower inference cost.