AI contract review uses NLP models trained to identify, extract, and classify clauses across a defined set of clause types relevant to the contract category being reviewed: for commercial contracts, this includes limitation of liability clauses, indemnity provisions, intellectual property ownership and licensing terms, termination rights, governing law and jurisdiction, confidentiality obligations, payment terms, and warranty and representation scope. The system reads a contract document and produces a clause-by-clause extraction report. Each identified clause is extracted, classified, and, where you have a standard or preferred position, compared against that standard to flag deviations. For high-volume contract review, an M&A data room, a supplier contract renewal programme, or a lease portfolio review, the time saving is substantial. What takes an associate several hours per contract can be completed in minutes. We map your standard positions and priority clause types in discovery before building the extraction model.