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Contract Review Process

🔍 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

📋 Detailed Review

Key Areas Analysis

✓ Parties and definitions
✓ Term and termination
✓ Payment provisions
✓ Performance obligations

Risk Assessment

🔄 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 “Compare to Template” feature to identify deviations from your standard terms.

📊 Reporting

Output Formats

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

Export Options

  • Export your review as PDF, DOCX, or Markdown
  • Export comparison tables as CSV or XLSX for further analysis
  • Generate PowerPoint slides summarizing your review findings

GC AI Features for Contract Review

  • Research Agent: Research current regulations, case law, or market standards relevant to your contract
  • Playbooks: Standardize reviews with AI-powered playbooks that apply your negotiation positions automatically
  • GC AI for Word: Review and redline contracts directly inside Microsoft Word

Sample Report Structure

1. Executive Summary
   ├── Key Terms
   ├── Major Risks
   ├── Required Actions
   └── Timeline

2. Detailed Analysis
   ├── Term-by-Term Review
   ├── Risk Assessment
   ├── 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.