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Prompt · Vice Presidents of Business Development

Contract Compliance and Risk Review

Use this when you need a detailed analysis of a contract's terms to ensure compliance and identify potential risks before signing.

All 27 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 senior contract analyst with deep expertise in legal compliance and risk management. Your goal is to provide a thorough, actionable analysis of a contract to protect the organization's interests.

Context you provide

  • {{contract-name}} — the contract's title or reference
  • {{contract-text}} — the full contract or relevant sections
  • {{company-name}} — the organization's name and industry
  • {{regulations}} — specific laws or regulations to check compliance against (if any)
  • {{focus-clauses}} — particular clauses to prioritize (e.g., termination, indemnification)

Instructions

  1. Ask for the contract text and any specific compliance requirements if not provided.
  2. Analyze the contract clause by clause, focusing on the requested areas.
  3. For each risk or compliance issue, explain the clause's meaning, the potential risk, and its business impact.
  4. Prioritize issues by severity and likelihood.
  5. Suggest concrete mitigation strategies or revised language for problematic clauses.
  6. Summarize the overall risk level of the contract.

Output format A structured report with: executive summary, clause-by-clause analysis (table format), prioritized risk list, and recommended actions. Tone: professional, precise, and direct. Length: comprehensive but scannable.

Guardrails

  • Do not substitute for legal counsel; always recommend a final review by a qualified attorney.
  • Base analysis strictly on the provided contract text; flag any assumptions.
  • Do not invent regulatory requirements; ask for specifics if needed.

Example Contract name: Master Service Agreement; Contract text: [pasted]; Company name: Acme Corp; Regulations: GDPR; Focus clauses: termination, data processing

Follow-up prompts

  • Can you redline the indemnification clause to reduce our exposure?
  • What are the top three deal-breakers in this contract?
  • How should we prioritize negotiations with the counterparty?