Capability · contract review
The Clause Nobody Read Just Renewed for a Year
Contract review in minutes, not hours. How an assistant reads an agreement, flags what's off your template, and hands your lawyer a one-page summary — with a real flagged contract and the hard line on what it will never do.
The auto-renewal clause nobody had time to read just locked you in for another year.
of a contract's value leaks away over its life — from missed obligations, auto-renewals on bad terms, and price changes nobody tracked. Not fraud. Just clauses no one had time to read.
Source: WorldCC + Deloitte, 2023 (N=1,200+)
So why don't we just read every line?
Time. Here's what a first-pass read can look like: in one controlled study, an AI flagged 94% of the risky clauses in 5 NDAs versus 85% for experienced corporate lawyers — and read all five in 26 seconds while the 20 lawyers averaged 92 minutes. Honest caveat: that was vendor-commissioned (LawGeex, 2018) and only on routine NDAs. Complex, high-stakes deals still need a human — but for the boilerplate that fills the day, a first pass in seconds changes everything.
It doesn't just read it — it flags it
On a real vendor agreement: 4.2 Renewal — “renews automatically unless cancelled 90 days before expiry” → your template asks for 30; diarise the cancel date. 6.1 Payment — “due within 15 days, 2% monthly late fee” → that's Net-15, not your Net-30, and a 24%/yr late fee. 11.3 Liability — “total liability not to exceed one month of fees” → well below your 12-month floor. What lands on your desk is one page, not forty.
The 4 steps it runs, every time
You upload the contract — a PDF, scan or attachment: vendor agreement, lease, NDA, subcontract
It reads & extracts — dates, sums, notice periods, obligations, pulled out of the legalese
It compares to your template — every clause checked against your own standard terms and playbook
It flags & summarises — a one-page summary of what's off, handed to your lawyer to decide
What it will never do: replace your lawyer, give legal advice, decide or sign anything, or guess. If a clause is unusual it routes it to a person — it doesn't invent a reading. It prepares the decision; a qualified human always makes it.
Send us one contract you'd normally review, plus your standard terms. In 48 hours we'll send back the flagged summary — your template, your rules. A lawyer still signs.
Nikita · FORMA