Contract Reviewer-Contract Risk Assessment

Example

Spotting clauses that allow a service provider to increase fees arbitrarily without the client's consent.

Scenario

In a service agreement, this function would identify and highlight any terms that permit the service provider to unilaterally change pricing or service conditions, which could lead to unforeseen costs for the client.

Example

Evaluating the fairness and balance of contract termination rights between parties.

Scenario

For a business partnership agreement, this function assesses whether the termination clauses are unfairly biased towards one party, potentially leaving the other party at a significant disadvantage.

Example

Recommending users reconsider or negotiate terms when high-risk clauses are detected.

Scenario

Upon reviewing a lease agreement that includes a clause permitting the landlord to evict tenants with minimal notice, this function advises the tenant of the risks involved and suggests seeking amendments to such clauses.