Contract & Clause Extraction
Pull obligations, terms and price conditions from contracts into structured fields.
A language model now reads each contract and extracts payment terms, renewal and rebate clauses, performance obligations and unusual terms into a fixed schema, citing the clause each field came from, so every value can be checked against the source text.
LLM workflow (rung 4 of 6). A coded control path: chain, router, parallel fan-out, evaluator-optimizer.
Not an agent: the sequence of steps is fixed in advance, so the whole path can be tested end to end.
A language model handles steps 2, 3 and 4. Rules: steps 1 and 5.
- Autonomy: T1 · Draft
- Produces a complete output for a human to review and release. Human role: reviews every item and releases it.
- How it is governed
- The path is testable end to end. Each step is independently evaluable.
- Anthropic (Claude Certified Architect – Foundations (CCAR-F))Workflow: models and tools on predefined code paths (chaining, routing, parallelization, evaluator-optimizer). source
- OpenAI (OpenAI agent guidance (Agents SDK, Codex, OpenAI Academy))Orchestrating via code, which the Agents SDK calls more deterministic and predictable. source
- Google Cloud (Generative AI Leader)Workflow agents (sequential, parallel, loop) that run steps in a fixed order. source
- Microsoft (AI-901 (Azure AI Fundamentals) and AB-100 (Agentic AI Business Solutions Architect))Sequential and concurrent orchestration patterns, with steps in a set order. source
How Koko classifies AI · the full ladder is taught in AI & Agentic Delivery Foundations.
Try it
Illustrative demoWorked example of "Contract & Clause Extraction" on synthetic data — edit the inputs to tailor it. Edit the inputs to tailor the output — it's baked synthetic data, so nothing leaves your browser until you run it live.
Synthetic demo company (a ~$5B high-growth US AI SaaS) — swap in any name to tailor the output.
What this run should concentrate on.
Workflow
- 1.RulesIngest the contract set and split each contract by clause.
- 2.Generative AIExtract payment terms, renewals, rebates, SLAs and performance obligations into a fixed schema.
- 3.Generative AICite the exact source clause for every extracted field.
- 4.Generative AIFlag non-standard or high-risk terms against the policy playbook.
- 5.RulesExport structured fields to the system of record or obligation register.
Prompt recipe
Read the attached contract and extract: payment terms, renewal/auto-renewal clauses, rebates/discounts, performance obligations, termination and liability terms. For each, quote the source clause. Flag anything that deviates from [standard terms]. Do not infer terms that are not present.
- Every extracted field cites a source clause for verification
- Legal/commercial review of flagged non-standard terms
- Confidential document handling and access control
- Human sign-off before terms feed revenue recognition or payment