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Contract Summary

Key clauses and risk flags extracted in seconds from any contract. A one-page snapshot ready for client briefings or internal file notes.

When to use this skill

Creating a quick-reference summary for a complex multi-party agreement
Preparing a client briefing on the key terms of their own contracts
Onboarding a new team member to an ongoing matter
Extracting headline terms for a transaction summary or board report
Building a comparison matrix across multiple similar contracts

What you get

Deliverable

  • One-page summary of commercial terms (price, duration, termination)
  • Key obligations per party in plain language
  • Renewal, notice, and exit provisions
  • Governing law and dispute resolution mechanism
  • Highlighted non-standard or negotiated terms

What this skill does

Contract Summary produces a concise, reader-friendly one-page extract of any commercial agreement. Where the Contract Analysis skill is designed for lawyers doing a full review pass, Contract Summary is for situations where you need a quick briefing document — for a client who will not read the full contract, for a file note that captures the key points without restating the whole agreement, or for an internal memo that brings a colleague up to speed.

The skill identifies the core commercial terms (parties, governing law, duration, key financial obligations, termination rights) and presents them in a clean, scannable format. It includes a brief risk register covering the three or four highest-priority concerns, and a plain-language executive note suitable for sharing with non-lawyers.

Contract Summary is particularly useful when you have finished reviewing a contract and need to package your analysis for a business client who asked "what does it say?" rather than "what are the legal issues?". It bridges the gap between the lawyer's detailed analysis and the client's need for a quick decision.

When to use it

  • Preparing a briefing note for a board or management team before they sign a major agreement
  • Creating a file note for a transaction file that documents the key terms of an executed agreement
  • Providing a quick update to a client who needs to decide whether to proceed to full due diligence
  • Summarising an agreement for a colleague who is covering a matter while you are away

What you get

A one-to-two page structured summary containing: Parties & Purpose (who, what, why), Key Commercial Terms (duration, financials, deliverables, pricing), Termination & Exit Rights (how the agreement ends), Top Risk Flags (three to four issues in plain language with a severity rating), and an Executive Note — two to three sentences that a non-lawyer can read and act on.

Example prompt inputs

  • "A 40-page logistics services agreement — I need a one-page summary for the CFO before Friday's board meeting"
  • "A software licence agreement my client is about to sign — summarise the key commercial and risk points for them"
  • "This framework agreement has just been executed — I need a file note capturing the main terms"
  • "A subcontracting agreement between two construction firms — please summarise for internal project management"

Why legal-specific AI matters here

Summarising a contract correctly requires understanding what matters and what does not. A general AI will summarise everything equally. Whisperit's Contract Summary skill applies a lawyer's prioritisation logic — it knows that an auto-renewal clause or a limitation of liability cap matters more than the definitions section, and it frames its output accordingly. The plain-language executive note is calibrated to communicate risk at the right level of abstraction for business decision-makers, without sacrificing legal accuracy.

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