Counterparty contract review
Reads contracts sent by suppliers or customers, identifies risky clauses, and prepares comments for the lawyer.
When to use it
Businesses that frequently review third-party contracts: procurement, tenders.
How it works — example
- Input
- A supplier sends its own 30-page version of a contract.
- Agent actions
- The agent analyzes it and flags risky clauses: penalties, unilateral termination, risk shifting.
- Result
- A report for the lawyer: "Clause 5.3 has an excessive penalty, clause 8.1 has unfavorable termination terms, clause 12 needs an SLA added."
Business impact
Month 1: -60% time on first-pass review. Month 3: saves 0.5 lawyer headcount. Month 6: full coverage of all incoming contracts.
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