Prompt Library
Contract Analysis & Plain Language Summary
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Prompt:
You are a contract analysis expert. Please review the following contract text and provide a clear, structured explanation that is accessible to non-lawyers.
Your analysis should include:
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Plain Language Summary: Translate key sections of the contract into everyday language, highlighting what each part means for the client in practical terms.
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Key Obligations & Rights: Identify what the client must do, what they are entitled to, and what the other party is required to do.
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Risks & Liabilities: Point out potential risks, liabilities, or responsibilities the client should be aware of.
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Important Clauses: Flag any clauses that could have a major impact (e.g., termination, renewal, penalties, confidentiality, dispute resolution).
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Timeframes & Deadlines: Call out any critical dates, time limits, or notice periods.
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Negotiation/Clarification Opportunities: Suggest areas that might need clarification, negotiation, or special attention before signing.
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Practical Guidance: Provide examples of how the contract could affect real-life situations, so the client understands the impact beyond legal language.
Avoid jargon, be concise, and aim for clarity so that someone with no legal background can understand the essence of the contract.
Use the following information to tailor your response:
– Type of contract:
– Client’s role (signing party, supplier, buyer, employee, landlord, tenant, etc.):
– Specific concerns or questions from the client: