Automated Contract Analysis and Clause Extraction
For legal teams managing 1000+ contracts. Extract key terms and flag risks in minutes. 90% faster review, 95% clause identification accuracy.
Corporate legal departments, law firms, and contract management teams who need to efficiently review, analyze, and manage large contract portfolios
Manual contract review takes 1-4 hours per contract. Legal teams cannot review all contracts thoroughly, leading to missed risks and unfavorable terms
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Why Mixpeek
90% faster contract review, 95% clause identification accuracy, and automated risk flagging that catches issues human reviewers miss
Overview
Contract review is critical but time-consuming. This use case shows how Mixpeek accelerates contract analysis while improving accuracy and risk detection.
Challenges This Solves
Review Time
Each contract takes 1-4 hours for thorough review
Impact: Bottleneck in deal flow, delayed closings
Inconsistent Review
Different reviewers focus on different issues
Impact: Risks missed depending on who reviews
Template Deviation
Counterparty changes to standard terms
Impact: Unfavorable terms accepted without detection
Portfolio Visibility
No easy way to search across all contracts
Impact: Cannot answer "which contracts have X clause"
Implementation Steps
Mixpeek analyzes contracts to extract key terms, identify risky clauses, compare against templates, and flag deviations requiring attention
Ingest Contract Portfolio
Process all contracts for analysis
import { Mixpeek } from 'mixpeek';const client = new Mixpeek({ apiKey: process.env.MIXPEEK_API_KEY });// Index contract portfolioawait client.buckets.connect({collection_id: 'contracts',bucket_uri: 's3://legal/contracts/',extractors: ['document-parser','clause-extraction','entity-extraction','table-extraction','signature-detection'],settings: {contract_types: ['nda', 'msa', 'sow', 'license', 'employment'],extract_fields: ['parties', 'effective_date', 'term', 'termination','liability_cap', 'indemnification', 'governing_law','payment_terms', 'ip_ownership', 'confidentiality'],flag_non_standard: true}});
Analyze Individual Contracts
Extract key terms and identify risks
// Analyze contract for key terms and risksasync function analyzeContract(contractUrl: string, contractType: string) {const analysis = await client.contracts.analyze({url: contractUrl,contract_type: contractType,compare_to_template: `templates/${contractType}-standard.pdf`,risk_checks: ['unlimited_liability','broad_indemnification','auto_renewal','most_favored_nation','assignment_restrictions','audit_rights','ip_assignment']});return {summary: analysis.summary,key_terms: {parties: analysis.parties,effective_date: analysis.effective_date,term: analysis.term,value: analysis.contract_value,liability_cap: analysis.liability_cap},risks_identified: analysis.risks,template_deviations: analysis.deviations,recommended_actions: analysis.recommendations};}
Search Across Portfolio
Find contracts with specific terms
// Search contract portfolioasync function searchContracts(query: string, filters?: {contract_types?: string[];date_range?: { start: string; end: string };parties?: string[];risk_level?: string;}) {const results = await client.retrieve({collection_id: 'contracts',query: {type: 'text',text: query // e.g., "liability cap less than 2x contract value"},filters: {contract_type: filters?.contract_types ? { $in: filters.contract_types } : undefined,effective_date: filters?.date_range ? {$gte: filters.date_range.start,$lte: filters.date_range.end} : undefined,risk_level: filters?.risk_level},return_fields: ['summary', 'parties', 'key_terms','risks', 'contract_type', 'effective_date'],limit: 100});return results;}
Generate Review Reports
Create executive summaries and risk reports
// Generate contract review reportasync function generateReviewReport(contractId: string) {const contract = await client.collections.get(contractId);const report = {executive_summary: {contract_type: contract.contract_type,parties: contract.parties,term: contract.term,value: contract.contract_value,overall_risk: contract.risk_level},key_terms_matrix: contract.key_terms,risk_analysis: contract.risks.map(r => ({risk: r.description,severity: r.severity,clause_reference: r.clause_location,recommendation: r.mitigation})),template_deviations: contract.deviations.map(d => ({clause: d.clause_type,template_text: d.template_version,actual_text: d.contract_version,impact: d.impact_assessment})),approval_recommendation: contract.recommendation};return report;}
Feature Extractors Used
Retriever Stages Used
Expected Outcomes
90% faster contract review (hours to minutes)
Review Time
95% accuracy in clause identification
Clause Accuracy
40% more risks identified vs manual review
Risk Detection
5x more contracts reviewed per attorney
Attorney Productivity
60% reduction in contracting cycle time
Deal Velocity
Frequently Asked Questions
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