Legal teams waste hours manually reading through lengthy contracts to extract key terms, obligations, and risks. This time-consuming process creates bottlenecks in deal execution, contract management, and due diligence while increasing the risk of overlooking critical provisions buried in complex agreements.
Legal teams waste hours manually reading through lengthy contracts to extract key terms, obligations, and risks. This time-consuming process creates bottlenecks in deal execution, contract management, and due diligence while increasing the risk of overlooking critical provisions buried in complex agreements.
CaseMark automatically generates comprehensive contract abstracts that distill lengthy agreements into clear, structured summaries. Extract all material terms, financial provisions, obligations, and risk factors in minutes, creating standardized reference documents that enable rapid comprehension and portfolio-wide comparison.
This workflow is applicable across multiple practice areas and use cases
Contract abstracts are essential during M&A due diligence to quickly review and summarize key terms from hundreds of target company contracts, identifying material obligations, change of control provisions, and potential liabilities.
M&A transactions require rapid review of extensive contract portfolios. The target personas explicitly include M&A Due Diligence Teams, and contract abstracts directly support deal evaluation and risk assessment.
Contract abstracts streamline the review of complex commercial lease agreements, purchase contracts, and property management agreements by summarizing critical terms like rent escalations, maintenance obligations, and termination rights.
Commercial real estate transactions involve lengthy contracts with numerous parties and complex terms. Abstracts enable attorneys and business executives to quickly assess deal structures and key obligations.
Contract abstracts help legal and compliance teams quickly understand key terms in loan agreements, credit facilities, and security documents, including covenants, default provisions, collateral requirements, and payment schedules.
Financing transactions involve complex documentation with critical terms that need rapid identification. Contract abstracts support both deal execution and ongoing covenant compliance monitoring.
Contract abstracts summarize critical terms in IP licensing agreements including scope of rights granted, royalty structures, exclusivity provisions, termination rights, and performance milestones for efficient portfolio management.
IP licensing involves managing multiple agreements with varying terms and conditions. Abstracts enable attorneys and business teams to quickly assess licensing rights, obligations, and revenue implications across the portfolio.
Contract abstracts enable government contractors and their counsel to efficiently track compliance obligations, deliverables, and regulatory requirements across multiple complex government contracts and subcontracts.
Government contracts contain extensive regulatory provisions and compliance requirements. Abstracts help legal and compliance teams manage portfolio-wide obligations and ensure adherence to federal acquisition regulations.
A contract abstract is a structured summary that extracts and organizes the key terms, obligations, rights, and risks from a lengthy contract into an easily digestible format. Legal and business teams use abstracts to quickly understand contractual commitments without reading entire agreements, monitor compliance obligations, assess risk exposure during due diligence, and manage contract portfolios efficiently. They're essential reference tools that can save hours of review time.
CaseMark's AI is specifically trained on legal contracts and uses advanced language models to identify and extract material provisions with high precision. The system preserves exact contractual terminology to maintain legal meaning and flags ambiguous provisions for human review. While the abstracts are highly accurate and comprehensive, they serve as analytical tools to accelerate legal review rather than replace attorney judgment on critical matters.
CaseMark can abstract virtually any type of commercial agreement, including purchase agreements, service contracts, licensing agreements, NDAs, employment contracts, lease agreements, partnership agreements, and vendor contracts. The system adapts to different contract structures and identifies industry-specific provisions while maintaining a standardized output format that enables comparison across contract types.
CaseMark generates comprehensive contract abstracts in 5-10 minutes, regardless of contract length or complexity. This represents a 95% time savings compared to manual abstraction, which typically takes 3-4 hours for a standard commercial agreement. The automated process allows legal teams to abstract entire contract portfolios quickly during due diligence or portfolio reviews.
Yes, CaseMark's contract abstracts follow a comprehensive standardized structure that covers all typical contractual provisions, ensuring consistency across your contract portfolio. The structured output includes all sections relevant to corporate governance and transactional matters, making the abstracts immediately useful for contract management systems, compliance monitoring, and risk assessment without additional formatting.