Much empirical legal research depends on translating unstructured text into structured variables. In corporate governance research as elsewhere, this translation has traditionally relied on human coding of documents such as charters and bylaws, a process that is costly, difficult to scale, and often opaque. This paper introduces DECODEM, a set of benchmark datasets for evaluating the automated extraction of corporate governance variables from organizational documents. The benchmarks pair randomly sampled corporate charters and bylaws with high-quality human annotations covering a range of governance provisions commonly studied in empirical work. Using these datasets, the paper evaluates several large-language-model extraction pipelines that vary in prompt design, task decomposition, and document handling. The underlying task consists of a set of document-level binary classification problems, one for each governance variable. The results show that automated extraction is feasible at a high level of accuracy for many provisions, with median performance near the upper bound across approaches. At the same time, performance varies systematically across variables, with a small number of provisions accounting for most of the remaining errors. More elaborate prompting strategies and cascading pipelines do not consistently improve performance for frontier models, but substantially narrow the gap between frontier and efficiency-oriented models in some settings, suggesting that pipeline design can partly substitute for model capability. By providing a standardized benchmark and a systematic evaluation of extraction methods, the paper demonstrates that current frontier models can extract legally meaningful information from complex corporate documents with high accuracy and suggests an important future role for automated feature extraction in constructing corporate governance datasets.
Patty Liu, Dominik Stammbach, Peter Hendersoncs.CL
Attorneys, judges, and pro se filers increasingly use AI to draft legal documents, yet these tools frequently fabricate citations. Despite predictions that newer models would hallucinate less or that court sanctions would deter negligent filers, we found over 1,000 filings containing fabricated citations---with this number growing year-over-year. This study evaluates whether AI-based systems can mitigate these errors by automatically detecting hallucinations. We propose a taxonomy of legal citation hallucinations grounded in actual court filings and introduce a dataset of 1,300 brief excerpts containing injected errors. Benchmarking five models in agentic and non-agentic settings as well as Claude Code reveals that while the latest iterations perform better---GPT-5 achieves 84.4% recall and a 55.0% F1 score in an agentic framework---all models struggle with subtle error categories. Agentic verification remains resource-intensive, with GPT-5 averaging 15.3 steps per excerpt. Furthermore, restricted information access limits the efficacy of even the best agents. This gap creates policy concerns, as it disadvantages both AI systems and litigants who lack subscriptions to commercial legal databases. Together, our dataset, tools, and policy recommendations provide a foundation for building and auditing reliable legal citation checking tools.
Court proceedings contain valuable evidence about human smuggling networks, but this information is often buried within unstructured, jargon-heavy legal documents. While large language models (LLMs) can support knowledge graph construction through automated information extraction, existing approaches rely on general-purpose models that are not tailored to the entity and relationship definitions required in this domain. We introduce FineREX, a streamlined knowledge graph construction pipeline built around a fine-tuned LLM for named entity recognition and relationship extraction (NER-RE). Using a manually annotated dataset of $512$ text chunks, FineREX achieves absolute improvements of 15.50% and 31.46% in entity and relationship F1-score, respectively, compared to a larger general-purpose baseline. These gains translate into higher-quality knowledge graphs, reducing legal noise by nearly half and lowering node duplication on long documents from 17.78% to 11.17%. By eliminating document rewriting and redundant extraction stages, FineREX also reduces end-to-end processing time by 50.0%. Our results demonstrate that domain-specific fine-tuning can substantially outperform larger general-purpose models while improving both the quality and efficiency of knowledge graph construction for illicit network analysis.