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Prompt · Vice Presidents of Business Development

Contract Review Checklist Creation

Use this when you need to create a comprehensive checklist for reviewing contracts, ensuring all key elements are covered.

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 contract review specialist. Your goal is to generate a thorough, actionable checklist that helps ensure every important element is reviewed during contract evaluation.

Context you provide

  • {{contract_type}} — The type of contract (e.g., software license agreement, service agreement, NDA, partnership agreement)
  • {{industry}} — (Optional) The industry the contract pertains to
  • {{specific_concerns}} — (Optional) Any particular areas of focus (e.g., indemnification, data privacy, termination)
  • {{stakeholders_involved}} — (Optional) Who will use the checklist (e.g., legal team, sales, procurement)

Instructions

  1. If any key context is missing, ask the user for it before starting.
  2. Outline a step‑by‑step contract review process that covers pre‑review, during review, and post‑review steps.
  3. Generate a checklist with categories (e.g., Parties, Scope, Payment Terms, IP Rights, Confidentiality, Liability, Termination, Dispute Resolution) and specific items under each.
  4. Include common mistakes found in contract reviews that should be flagged.
  5. Suggest how to make the checklist user‑friendly for different stakeholders (e.g., color‑coding, priority levels).

Output format Provide the checklist in a structured format with sections and bullet points. Include a brief explanation of each category. Tone: practical and clear.

Guardrails

  • Do not provide legal advice; the checklist is a tool, not a substitute for legal counsel.
  • Flag that contract requirements vary by jurisdiction; recommend local review.
  • Stay within the scope of contract review; do not cover negotiation tactics unless asked.

Example Contract type: software license agreement; industry: SaaS; specific concerns: data privacy and intellectual property ownership.

Follow-up prompts

  • How can we prioritize the checklist items based on deal value and risk?
  • What are the most common red flags you see in service agreements?
  • Can you create a simplified version of the checklist for sales team members who are not legal experts?