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    Intermediate
    Legal & Compliance
    11 min read

    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.

    Who It's For

    Corporate legal departments, law firms, and contract management teams who need to efficiently review, analyze, and manage large contract portfolios

    Problem Solved

    Manual contract review takes 1-4 hours per contract. Legal teams cannot review all contracts thoroughly, leading to missed risks and unfavorable terms

    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

    1

    Ingest Contract Portfolio

    Process all contracts for analysis

    import { Mixpeek } from 'mixpeek';
    const client = new Mixpeek({ apiKey: process.env.MIXPEEK_API_KEY });
    // Index contract portfolio
    await 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
    }
    });
    2

    Analyze Individual Contracts

    Extract key terms and identify risks

    // Analyze contract for key terms and risks
    async 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
    };
    }
    3

    Search Across Portfolio

    Find contracts with specific terms

    // Search contract portfolio
    async 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;
    }
    4

    Generate Review Reports

    Create executive summaries and risk reports

    // Generate contract review report
    async 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;
    }

    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

    Ready to Implement This Use Case?

    Our team can help you get started with Automated Contract Analysis and Clause Extraction in your organization.