Contract Review Process

πŸ” Initial Analysis

  1. Document Preparation

    • Upload clean PDF/Word document
    • Ensure OCR for scanned documents
    • Check document formatting
  2. Basic Review Prompt

Context: Initial review of [contract type]
Task: Provide high-level analysis of:
- Key obligations
- Important dates
- Material provisions
- Risk areas
Format: Bulleted summary with section references

πŸ“‹ Detailed Review

Key Areas Analysis

βœ“ Parties and definitions
βœ“ Term and termination
βœ“ Payment provisions
βœ“ Performance obligations

Risk Assessment

πŸ”„ Review Workflow

Step-by-Step Process

  1. Initial Scan

    • Basic terms review
    • Party identification
    • Key dates
    • Critical provisions
  2. Deep Analysis

    • Risk assessment
    • Compliance check
    • Market comparison
    • Issue spotting

Use the β€œCompare to Template” feature to identify deviations from your standard terms.

πŸ“Š Reporting

Output Formats

  • Executive summaries
  • Detailed analysis
  • Risk matrices
  • Redline comparisons

Sample Report Structure

1. Executive Summary
   β”œβ”€β”€ Key Terms
   β”œβ”€β”€ Major Risks
   β”œβ”€β”€ Required Actions
   └── Timeline

2. Detailed Analysis
   β”œβ”€β”€ Term-by-Term Review
   β”œβ”€β”€ Risk Assessment
   β”œβ”€β”€ Compliance Check
   └── Recommendations

🀝 Collaboration

Team Review Process

  • Share analysis with team
  • Track comments
  • Document decisions
  • Maintain audit trail

Always verify AI analysis against your company’s specific requirements and risk tolerance.