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Contract Key Term Extractor and Risk Flagger

aka “Contract Analyzer”

Extract every key term without reading 60 pages

Drop in a contract and get a structured summary of key terms, dates, obligations, risk flags, and non-standard clauses. Compares against your playbook to spot what's missing or unusual. Tracks renewal and notice deadlines across your whole portfolio.

House RecipeWork1 min
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INGREDIENTS

📄Google Docs

PROMPT

Create a skill called "Contract Analyzer" for a lawyer. When I upload a contract (PDF or Word document), extract and organize: parties and their roles, effective date, term and renewal provisions, termination rights, governing law, dispute resolution, indemnification terms, limitation of liability, confidentiality scope, IP ownership/assignment, non-compete/ non-solicit terms, insurance requirements, representations and warranties, and any financial terms (pricing, payment terms, penalties). Flag non-standard or unusual clauses. Check internal consistency — do defined terms match their usage? Do cross-references point to the right sections? Are dates consistent? If I provide my standard clause playbook, compare each provision against my preferred positions and flag deviations. Output a structured summary I can save to the matter file.

How It Works

Instead of reading every word of a 60-page agreement, feed it to this skill

and get a structured extraction of everything that matters — plus flags for

anything that deviates from your standard playbook.

What You Get

  • Key term extraction: parties, effective date, term, renewal, termination, governing law
  • Obligation identification: what each party must do and by when
  • Risk flag detection: indemnification scope, limitation of liability, non-compete breadth, IP assignment
  • Non-standard clause identification against your playbook
  • Missing clause detection (no force majeure? no dispute resolution?)
  • Internal consistency check: defined terms, cross-references, dates
  • Calendar entries for renewal dates and notice periods

Setup Steps

  1. Upload a contract (PDF or Word)
  2. Optionally provide your clause playbook or standard positions
  3. Review the structured summary and risk flags
  4. Add deadlines to your calendar

Tips

  • Build your playbook over time — add your standard positions for each clause type
  • Use this for due diligence reviews to process dozens of contracts quickly
  • The internal consistency check catches errors that human review often misses
  • Pair with Contract Deadline Tracker to monitor your entire portfolio
Tags:#legal#contracts#review#transactional#due-diligence

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