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Contracts

What Is Contract Review?

Reading a contract against a playbook or standard to flag risky, unusual or missing terms. Increasingly done first by AI and then checked by a lawyer.

Legal Tech GlossaryBy The Circle Desk

Why It Matters

Contract review is the most common use of legal AI in in-house teams. AI review works best with a clear playbook; without one, it can only compare a contract against generic market terms.

GenAI Review, Drafting & Assistants Companies

See every GenAI Review, Drafting & Assistants company

Related Terms

Contract playbook
A guide that sets an organization's preferred position on each key clause, the acceptable fallbacks and who must approve anything outside them.
Redlining
Marking up proposed changes to a contract or document so the other side can see every edit.
Clause library
A curated set of approved contract language that lawyers and AI tools draw on when drafting and negotiating.

General information, not legal advice. Part of the Legal Tech Glossary, 173 terms in plain English.