AI Prompt: Contract Risk Identification by Severity
Quickly classify contract risks by severity, quote the exact language, explain why it bites, and get suggested alternative wording for each flag.
The Prompt
Variables (1)
| Variable | Description | Example |
|---|---|---|
| {{party_type}} | Party Type | the Licensee |
Expected Output
A risk inventory grouped into HIGH, MEDIUM, and LOW tiers, with the quoted contract language, a short explanation of the risk, suggested alternative wording, and a note on whether the term is industry-standard.
Usage Notes
Always specify which party you represent — the same clause can be a deal-breaker for one side and boilerplate for the other. Treat the LOW tier as your batch-edit list, not as no-issue.
Originally featured in: AI Contract Drafting: A Lawyer's Complete Handbook
Related Prompts
ChatGPT Prompt: Senior-Attorney Contract Risk Review by Client Side
Risk-rank a contract from your client's side — unfavorable terms, missing protections, ambiguities, and suggested redlines tiered Critical/Important/Minor.
Software License Risk Review from Licensee Perspective Using RCTFC Framework
RCTFC-structured prompt that surfaces the top 5 risks in a software licensing agreement from the licensee's perspective, with clause cites and recommended revisions.
ChatGPT Prompt: Draft a Mutual NDA with Modern Contract Language
Draft a mutual NDA in seconds with clean modern language, carve-outs, injunctive relief, and optional non-solicitation clauses.
Gemini Prompt: Explain a Complex Legal Concept to a Client
Translate a dense legal concept into a 300-word client-friendly explanation with an analogy, situational risks, and clear next steps — no jargon.