What if the biggest problem in your contract portfolio management is not a clause but the way you are managing them?
An effective contract portfolio management requires tracking key terms, renewal dates, obligations, and risks across hundreds of agreements, all to ensure compliance, mitigate risks, and optimise business outcomes.
Traditionally, this means manually extracting critical data into spreadsheets, cross-referencing deadlines, and reviewing documents one by one, a process that is slow and prone to human error. Missed renewals or overlooked clauses can lead to costly penalties, lost revenue, or missed strategic opportunities. For many Indian law firms and corporate legal teams, this manual approach to contract portfolio management remains a significant issue.
But what if you could automate portfolio management, instantly generating comprehensive tables that surface essential contract data such as key terms, renewal dates, party names, risks, etc.?
This is what LawSimpl has developed for you, an AI-powered Tabular Review.
By adopting AI-driven portfolio management tools, legal teams can proactively manage risks, improve compliance, and make faster, data-driven decisions transforming contract portfolio management from a tedious task into a strategic advantage.
How ‘Tabular Review’ accelerates Contract Portfolio Management?
Here’s how manual contract portfolio management stands up against LawSimpl’s AI-powered Tabular Review across critical dimensions legal teams care about the most:
Criterion | Manual Portfolio Management | LawSimpl’s Tabular Review |
|---|---|---|
Time Efficiency | Days/weeks for 100 contracts | Minutes to generate tables |
Accuracy & Error | High risk from fatigue (up to 40% oversight) | 95%+ accuracy |
Scalability | Limited by team size | Handles unlimited volume, reusable templates |
Compliance Tracking | Manual clause hunting, prone to mistakes | AI flags non-compliant terms |
Collaboration | Version conflicts in Excel | Real-time tables with CSV/Excel exports |
Cost Impact | High billable hours lost (20-40% of time) | Frees 75%+ time for high-value work |
Tailoring Tabular Review for Diverse Contract Types
One of the standout feature of ‘Tabular Review’ is its flexibility. With the help of this feature, you can define exactly what data to extract through simple, natural-language AI prompts, creating customised tables for any contract type without coding or IT support.
This prompt-based customisation turns generic AI into a personalised portfolio management tool, adapting instantly to NDAs, vendor agreements, employment contracts, or complex MSAs prevalent in Indian legal workflows.
How Prompt Customisation Works?
You can upload multiple contracts into our system and then specify columns via prompts:
For instance:
Column 1: Extract party names and addresses (Populates who-is-who across all docs)
Column 2: Identify renewal dates and auto-renewal triggers (Flags upcoming obligations)
Column 3: Summarise liability clauses in 1 sentence (Extracts risk overview in plain English)
Column 4: Flag non-compete duration (Extract Compliance red flags with duration)
The AI processes these across hundreds of pages, delivering structured output.
Need to make changes in the table? Edit prompts on-the-spot as no re-uploads are required.
You can save your prompts as reusable templates whenever you’re dealing with the same types of contracts again and again.
Like for NDAs, that might mean tracking confidentiality periods, exceptions, or governing law. For vendor agreements, you can include columns for payment milestones, termination periods, or GST compliance. Employment contracts can have notice periods, gratuity eligibility, or non-compete considerations built in. And for IP assignments, you can standardise fields like ownership transfer, royalty terms, or dispute-resolution forums.
Once set up, these templates keep your reviews consistent and make it easy to run the same extraction on new batches every quarter, helping you build a clear, reliable view of your contract portfolio over time.
Conclusion
Manual contract portfolio management drains time and exposes risks, but LawSimpl’s Tabular Review delivers speed, accuracy, and customization that scales with Indian legal demands. In the end, the shift from manual portfolio management to AI-powered review isn’t just about speed, it’s about building a legal function that can keep up with the demands of modern business. When your team can extract insights instantly, collaborate in one place, and rely on consistent, accurate data every quarter, you move from scrambling through documents to actually shaping strategy. Tabular Review gives legal teams the clarity, control, and confidence they’ve been missing.
Book a demo tailored to your firm’s needs!