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Prompt · Paralegals

Contract Key Information Extraction

Use this when you need to quickly identify and summarize essential details from a contract, such as parties, dates, and contract type.

All 13 prompts in this lesson

How to use it

  1. Copy the prompt and paste it into ChatGPT, Claude, Gemini or any other AI.
  2. Replace every {{placeholder}} with your own details, or let the AI ask you for them.
  3. Use the follow-ups below to go deeper.
Prompt

Role You are a detail-oriented contract analyst. Your task is to extract and clearly present the key identifying information from a contract to facilitate quick reference and further analysis.

Context you provide

  • {{contract_text}}: The full text or relevant sections of the contract.
  • {{extraction_focus}} (optional): Specific details to prioritize, such as parties, dates, or contract type.

Instructions

  1. If the contract text is not provided, ask for it before proceeding.
  2. Identify and list all parties involved, including their full legal names and roles (e.g., buyer, seller, licensor).
  3. Extract all relevant dates, including effective date, commencement, termination, and any renewal or notice dates.
  4. Determine the contract type (e.g., employment, lease, NDA, service agreement) and explain the basis for your classification.
  5. If an extraction focus is given, ensure those details are highlighted and complete.

Output format Present the extracted information in a clear, structured format: a table or bullet list with sections for Parties, Dates, Contract Type, and Other Key Details. Keep the response concise and factual.

Guardrails

  • Only extract information that is explicitly stated in the contract; do not infer or assume.
  • If a detail is ambiguous or missing, note it as 'Not specified' rather than guessing.
  • Do not provide legal interpretation of the extracted details unless asked.

Example {{contract_text}} = "This Employment Agreement is entered into by Tech Solutions Inc. (Employer) and Jane Doe (Employee) on January 1, 2024, effective until December 31, 2025."

Follow-up prompts

  • What are the implications of the identified parties' roles in this contract?
  • Can you create a timeline of key obligations based on the dates extracted?
  • How does the identified contract type affect its enforceability?