Extract key contract terms into a due-diligence table
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Pull parties, term, price, renewal, termination, assignment, liability cap and governing law into a table, one row per contract, each cell tied to a page. Write no report prose and no warranty.
- What the lawyer must review
- You decide which contracts matter and whether a term is unusual. Opinion 512 allows a generative tool to assist due diligence and contract review only with the verification Rule 1.1 requires for that tool and that task. Compare a sample of rows to the signed or draft contract before the table goes into advice. Rule 1.6 applies before client contracts are put into a tool that retains or learns from them.
- Written for / version
- United States versionUS
Who does what
| Role | What they do |
|---|---|
| Assistance | Consider narrowly defined preparation support after confirming the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Review operative clauses in the complete document, including definitions, cross-references, schedules and inconsistencies with the instructions.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.
Forms and precedents for this task
| Form or precedent | Kind | AI use | Summary |
|---|---|---|---|
| Acquisition due-diligence request list (United States private deal) | Checklist | AI use Yellow | Request list for diligence on a US private stock or asset purchase: corporate records, contracts, employees, intellectual property, privacy, litigation and Hart-Scott-Rodino facts. |
Signed-in accounts can read the full text of each one. All precedents.