How to Review a Contract in Minutes with LawSimpl

How to Review a Contract in Minutes with LawSimpl
Sep 8, 2024Priyanshu

Contracts are important for business deals, partnerships, and agreements. But reviewing them can be time-consuming and confusing, with all the legal terms. That’s why LawSimpl is here to help. It simplifies the contract review process, making it faster and easier.

Here’s a step-by-step guide on how to review a contract with LawSimpl:

1. Upload Your Contract

Start by uploading the contract. LawSimpl supports common file formats like PDF and DOCX, so you don’t need to worry about converting files. Once uploaded, LawSimpl’s AI starts analyzing the contract immediately.

2. Highlight Key Clauses

LawSimpl automatically highlights important sections like payment terms, termination clauses, and liability terms. You don’t have to search through the document—these key parts are easily visible.

3. Flag Potential Issues

The AI helps flag sections that might cause problems, like unclear terms or clauses that expose you to extra risks. LawSimpl points these out so you can address them before signing.

4. Get Custom Suggestions

If certain parts of the contract need improvement, LawSimpl provides custom suggestions. It could be fixing legal language or making terms clearer. These suggestions help you make the contract stronger and easier to understand.

5. Ask Questions

If you need more clarity on a specific clause, you can ask LawSimpl directly. For example, you can ask, "What are the termination options?" and LawSimpl will give you a detailed answer.

Reviewing contracts isn’t just about reading them—it’s about understanding them and protecting your interests. LawSimpl helps you do this quickly and efficiently, so you can finalize agreements with confidence.

Contracts don’t have to be overwhelming. With LawSimpl, you can upload, review, and edit contracts faster and with more confidence. Try these steps and make your next contract review easier.

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LawSimpl AI reduced our contract review time by 78%. We now handle triple the workload with the same team size.
Rajiv Mehta
Managing Partner, at a Law Firm