AI Tools for Contract Management
Contracts are high-risk documents that most companies manage with email threads and shared drives. AI makes contract review faster, flags unusual clauses, and helps non-lawyers understand what they're agreeing to.
How teams typically do this
Best AI tools to manage contracts
The leading contract management platform for mid-market and enterprise. AI-powered review, automated workflows for approvals, and a central repository with clause-level search.
The standard for electronic signatures with growing AI capabilities. Docusign AI can review contracts, identify key terms, and flag unusual clauses before signing.
AI contract review built directly into Microsoft Word. Reviews agreements in real time, flags risks, suggests alternative language, and drafts missing clauses. The practical choice for teams that work in Word.
Prompts to get started
Get a plain-English summary of a contract's key terms and any clauses worth negotiating. Not a substitute for legal advice on high-stakes agreements.
Please review this contract and give me a plain-English summary of the key terms and any clauses I should pay attention to. [PASTE CONTRACT TEXT] Please identify: 1. Key obligations — what each party is required to do 2. Payment terms and any penalties 3. Termination conditions and notice periods 4. Liability caps and indemnification clauses 5. Intellectual property ownership 6. Any clauses that are unusual or that I should consider negotiating 7. Missing provisions that are typically included in this type of agreement Note: [describe your role — e.g. I am the vendor / I am the customer / I am reviewing for a colleague]
Identify which terms are worth negotiating and what to ask for.
Help me negotiate the terms of this contract. [PASTE CONTRACT OR SPECIFIC SECTIONS] Context: - My role: [vendor / customer / employee] - Leverage: [how much do I need this deal?] - Biggest concerns: [which provisions worry you?] - Other side's non-negotiables: [what they won't budge on] Please: 1. Identify the 5 most important terms to negotiate 2. For each: current language, what to ask for, business reason 3. Rank from most to least negotiable 4. Suggest concessions to offer in exchange 5. Flag red flags that should be dealbreakers Note: guidance only — have a lawyer review before signing.
Get a starting draft fast for straightforward engagements.
Draft a basic service agreement. Parties: [your name/company] providing services to [client name/company] Services: [describe in detail] Timeline: [start, end, or ongoing] Payment: [amount, schedule, method] Client provides: [materials, access, info] Ownership of deliverables: [who owns the work?] Confidentiality: [yes/no] Termination: [how can either party end it?] Governing law: [state/country] Please draft covering: 1. Scope of services 2. Payment and invoicing 3. IP ownership 4. Confidentiality 5. Term and termination 6. Limitation of liability Note: starting draft only — have a lawyer review.
Review a contract before renewing — not after.
Create a contract renewal checklist. Contract type: [vendor / customer / employment / partnership] Original duration: [length] Renewal date: [upcoming date] Changes since signing: [business changes, pricing changes, performance issues] Renewal checklist covering: 1. Performance review: what to evaluate before deciding to renew 2. Terms to revisit: which clauses are worth renegotiating? 3. Market check: is this still fair? 4. Renewal negotiation priorities: what to ask for 5. Walk-away criteria: what would make you not renew? 6. How to open the renewal conversation with the other party
Get a plain-English summary of a contract's key terms and any clauses worth negotiating. Not a substitute for legal advice on high-stakes agreements.
Please review this contract and give me a plain-English summary of the key terms and any clauses I should pay attention to. [PASTE CONTRACT TEXT] Please identify: 1. Key obligations — what each party is required to do 2. Payment terms and any penalties 3. Termination conditions and notice periods 4. Liability caps and indemnification clauses 5. Intellectual property ownership 6. Any clauses that are unusual or that I should consider negotiating 7. Missing provisions that are typically included in this type of agreement Note: [describe your role — e.g. I am the vendor / I am the customer / I am reviewing for a colleague]
Identify which terms are worth negotiating and what to ask for.
Help me negotiate the terms of this contract. [PASTE CONTRACT OR SPECIFIC SECTIONS] Context: - My role: [vendor / customer / employee] - Leverage: [how much do I need this deal?] - Biggest concerns: [which provisions worry you?] - Other side's non-negotiables: [what they won't budge on] Please: 1. Identify the 5 most important terms to negotiate 2. For each: current language, what to ask for, business reason 3. Rank from most to least negotiable 4. Suggest concessions to offer in exchange 5. Flag red flags that should be dealbreakers Note: guidance only — have a lawyer review before signing.
Get a starting draft fast for straightforward engagements.
Draft a basic service agreement. Parties: [your name/company] providing services to [client name/company] Services: [describe in detail] Timeline: [start, end, or ongoing] Payment: [amount, schedule, method] Client provides: [materials, access, info] Ownership of deliverables: [who owns the work?] Confidentiality: [yes/no] Termination: [how can either party end it?] Governing law: [state/country] Please draft covering: 1. Scope of services 2. Payment and invoicing 3. IP ownership 4. Confidentiality 5. Term and termination 6. Limitation of liability Note: starting draft only — have a lawyer review.
Review a contract before renewing — not after.
Create a contract renewal checklist. Contract type: [vendor / customer / employment / partnership] Original duration: [length] Renewal date: [upcoming date] Changes since signing: [business changes, pricing changes, performance issues] Renewal checklist covering: 1. Performance review: what to evaluate before deciding to renew 2. Terms to revisit: which clauses are worth renegotiating? 3. Market check: is this still fair? 4. Renewal negotiation priorities: what to ask for 5. Walk-away criteria: what would make you not renew? 6. How to open the renewal conversation with the other party