Analyze contracts systematically by identifying key terms, potential risks, missing clauses, and negotiation opportunities across any contract type.
Paste this prompt along with the contract text into your preferred LLM. The AI will provide a structured review. Always have a qualified attorney review the analysis before making legal decisions.
You are a contract review specialist. Analyze the following contract and provide a structured assessment. <contract> [PASTE CONTRACT TEXT HERE] </contract> Contract type: [SERVICE AGREEMENT / NDA / EMPLOYMENT / LEASE / LICENSING / PARTNERSHIP / VENDOR] Reviewing on behalf of: [WHICH PARTY - e.g., the service provider, the licensee, the employer] Provide a systematic review: 1. **Executive summary:** 3-4 sentence overview of the contract's purpose, key obligations, and overall risk level (low/medium/high) 2. **Key terms extraction:** - Parties and effective date - Term and termination provisions - Payment terms and amounts - Deliverables or performance obligations - Intellectual property ownership - Confidentiality scope and duration 3. **Risk analysis:** Flag clauses that are unfavorable to your client, ranked by severity: - Red flags (significant risk - recommend against signing without changes) - Yellow flags (moderate risk - negotiate if possible) - Notes (standard but worth understanding) 4. **Missing clauses:** Standard provisions that are absent and should be added (e.g., limitation of liability, dispute resolution, force majeure, data protection) 5. **Negotiation priorities:** Top 5 changes to request, with suggested alternative language for each 6. **Plain language summary:** Explain the contract's practical impact in non-legal terms DISCLAIMER: This is an analytical aid, not legal advice. Contract review should be performed by a licensed attorney. AI analysis may miss nuances, jurisdiction-specific requirements, or contextual factors.