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.
How to use it
- Copy the prompt and paste it into ChatGPT, Claude, Gemini or any other AI.
- Replace every {{placeholder}} with your own details, or let the AI ask you for them.
- 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
- If any key context is missing, ask the user for it before starting.
- Outline a step‑by‑step contract review process that covers pre‑review, during review, and post‑review steps.
- Generate a checklist with categories (e.g., Parties, Scope, Payment Terms, IP Rights, Confidentiality, Liability, Termination, Dispute Resolution) and specific items under each.
- Include common mistakes found in contract reviews that should be flagged.
- 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?