Master AI-assisted contract review: extract obligations, spot red flags, and compare contract versions systematically.
Before
Master Services Agreement between TechCo (Client) and DevShop (Provider) — 12-month term, IP assignment, payment terms...
After
CONTRACT ANALYSIS — Risk Identification Perspective: Party B (Provider — DevShop LLC) HIGH RISK • IP Assignment (Section 3): All work product transfers to Client upon payment. Risk: If Client disputes "full payment," Provider could lose IP rights to partially-paid work. Recommendation: Add language specifying IP transfers only upon receipt of payment for the specific deliverable. • Payment Terms (Section 2): 45-day payment window is long for a services business. Late payment interest (1.5%/month) is reasonable but cure period should be added before interest accrues. MEDIUM RISK • Auto-Renewal (Section 4): 30-day notice window for non-renewal is short. Risk: Inadvertent renewal for 12 months. Recommendation: Extend notice period to 60-90 days. • Limitation of Liability (Section 5): Capped at prior 12-month fees — standard but verify this covers your exposure. LOW RISK • Termination for Cause (Section 6): 30-day cure period is standard and fair to both parties. MISSING PROVISIONS • No force majeure clause • No dispute resolution mechanism (arbitration vs. litigation) • No confidentiality obligations • No data protection / GDPR provisions
Tip
Always specify your role — the same contract looks very different from each party's perspective. Risk identification is most valuable before signing.
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Contract Review Fundamentals
Identify the key elements AI should extract from any contract
Clause-by-Clause AI Analysis
Use structured extraction prompts to pull obligations, conditions, and deadlines from each clause
Advanced: Comparative Contract Analysis
Use AI to compare two contract versions and categorize changes by risk level