Legal & Finance Prompts Understand any contract — key obligations, payment terms, IP ownership, and risk flags — in plain English before you sign. This AI contract summary prompt reads any contract and produces a plain-English summary covering key parties, core obligations, payment terms, IP ownership, termination rights, liability exposure, data protection provisions, and a risk flags section that surfaces unusual or one-sided terms — not buried in clause 14.7. Paste into Claude, ChatGPT, or any AI chat, add the contract text, and get a structured summary ready to review with your solicitor. Most AI contract review software produces generic summaries. This prompt adds what matters for decision-makers — a plain-English verdict with a clear steer ("this contract is significantly one-sided in favour of the vendor"), missing clause identification (absent liability caps mean unlimited exposure), and a priority negotiation list. Works with Claude, ChatGPT, or any AI chat model. Important: This summary is for informational purposes only. Not legal advice. Have a qualified solicitor review the full contract before signing any agreement. What you get One production-ready AI contract summary prompt (800+ words) Full summary structure — overview, obligations, payment, IP, liability, termination, data protection Risk flags section — unusual or one-sided terms quoted and explained in plain English Missing clause identification — absent protections flagged as clearly as present ones Customisation for employment contracts, SaaS subscriptions, supplier agreements, M&A documents, and cross-border contracts Built for Business Owners Procurement Managers Freelancers Startup Founders Operations Leads ai-contract-summary-prompt.txt · Works with Claude, ChatGPT & more · Instant use
