Most contract risk sits in a small number of clauses: who is liable for what, how the agreement ends, when it renews, and which court decides disputes. A consistent checklist, applied the same way every time, catches more than a tired reader on page 60.
The checklist
| Clause | Question to ask |
|---|---|
| Parties | Is the signing entity the one we actually deal with? |
| Term & renewal | Does it renew automatically, and what notice stops it? |
| Termination | Can we exit for convenience? What does it cost? |
| Liability cap | Is it capped, and does the cap cover data or IP claims? |
| Indemnities | Are they mutual, and are they uncapped? |
| Payment | Due dates, late interest, currency and exchange-rate risk |
| Governing law | Which law and which court or arbitration seat? |
Running it in AI Studio
- Upload the agreement and its schedules into one folder.
- Run Analyse with the contract type selected — it lists parties, key dates, money terms, obligations and risks.
- Ask follow-up questions in chat, e.g. 'What notice is needed to terminate for convenience?'
- Open each citation and confirm the wording on the page.
- Use Draft Report to produce a one-page summary for management.
Renewal notice windows are the most commonly missed item. Put every extracted deadline into your calendar as soon as the review is done.
Privacy, professional-conduct, and health-data obligations depend on your jurisdiction, organization, contracts, and deployment. Consult qualified counsel or your privacy officer before using AI with regulated or confidential records. A local appliance is not, by itself, a compliance certification.