ZBrain
Log in
Sign up
Agents Contract Drafting Agent

Contract Drafting Agent

Automatically drafts contracts based on organizational policies, specific functions, and examples provided as variables.

About the Agent

The Contract Drafting Agent automates the drafting of legally compliant contracts tailored to specific business needs. Its understanding of complex legal contexts and adherence to relevant standards, regulations, and policies streamline the drafting process for enhanced efficiency.

Challenges the Contract Drafting Agent Addresses

Creating legally compliant contracts across various business functions is a complex task that requires precision and strict adherence to specific legal and policy standards. Manual contract drafting is resource-heavy, prone to errors, and often results in compliance issues and potential legal challenges. Additionally, the process involves tedious reviews and revisions that can delay contract finalization.

The Contract Drafting Agent streamlines the contract creation process by employing a Large Language Model (LLM) to understand complex legal contexts and ensure compliance with necessary standards and policies. This agent minimizes human errors and standardizes contract elements, ensuring consistency and integrity across various business agreements. This automation enhances operational efficiency and reduces legal risks while speeding up contract approvals.

How the Agent Works

The contract drafting agent is designed to automate and simplify the contract creation process across diverse business functions. Based on predefined guidelines and a rich template library, the agent streamlines contract drafting by automating the generation of drafts. Below, we outline the detailed steps that showcase the agent’s workflow, from contract draft input to continuous improvement.


Step 1: Contract Draft Input

Users can initiate the contract drafting process by submitting specific contract requirements through direct upload via the agent's interface.

Key Tasks:

  • Document Submission: The agent provides a user-friendly interface for users to input contract-specific details, supporting the upload of text files, JSON files, etc. This includes details about the contract such as contract type, department name, person name, payment terms, and contract-specific information.

Outcome:

  • Captured Contract Requirements: This step ensures that all contract requirements are efficiently gathered and prepared for processing, enhancing the speed and accuracy of the contract drafting process.

Step 2: Contract Input Validation with Knowledge Base

In this stage, the agent analyzes the input data against its comprehensive knowledge base, using a Large Language Model (LLM) to ensure that contract drafting proceeds only after successfully matching the required documents.

Key Tasks:

  • Department Matching and Validation: The agent reviews the submitted contract details, identifies the relevant department and contract type, and validates these details against the knowledge base.
  • Handle Validation Results: If the contract details match the knowledge base, the agent, using an LLM, proceeds with contract generation by retrieving the required template and other details from the designated knowledge base. If essential details are missing, it issues an appropriate response to users, indicating the need for additional information or corrections.

Outcome:

  • Improved Responsiveness to Contract Requests: By automating the validation process, the agent swiftly addresses mismatches or gaps in contract details, enabling faster responses to contract requests.
  • Enhanced Accuracy and Efficiency in Contract Drafting: This validation step ensures contracts meet department-specific requirements and legal standards, enhancing efficiency and reducing errors.

Step 3: Contract Generation and Output

After validation, the agent generates a draft contract, which is then formatted according to organizational standards and prepared for review.

Key Tasks:

  • Automated Drafting: Using the advanced large language model, the agent compiles and drafts the contract based on the matching template, validated inputs, and clauses.
  • Formatting and Review Preparation: The draft is automatically formatted to meet organizational standards and presented for manual review.

Outcome:

  • Structured Contract Drafts: The automated drafting and formatting streamline the contract creation process, significantly reducing the time from initiation to ready-to-review draft, thereby speeding up contract approvals.

Step 4: Continuous Improvement Through Human Feedback

After the contract draft is generated, human feedback is collected to assess its alignment with user expectations and legal requirements, essential for refining the accuracy and relevance of future drafts.

Key Tasks:

  • Feedback Collection: Users review the draft contract and provide feedback focusing on its relevance, accuracy, and alignment with business goals.
  • Feedback Analysis and Learning: The agent analyzes the feedback to pinpoint areas needing improvement. This feedback is used to refine the agent's algorithms and adapt its drafting processes, improving its performance for subsequent contracts.

Outcome:

  • Continuous Improvement: This iterative feedback loop enhances the agent's performance over time, ensuring that each contract is better tailored to specific needs and that the agent adapts to evolving legal and business environments.

Why Use the Contract Drafting Agent?

  • Efficiency: Automates the labor-intensive process of manual contract drafting, significantly accelerating contract creation and review cycles.
  • Consistency: Maintains uniformity across all contracts by adhering to predefined templates, clauses, and terms, reducing variability and errors.
  • Scalability: Capable of handling a high volume of contracts simultaneously, which improves productivity and responsiveness across departments.
  • Time Savings: Reduces the time spent by legal and administrative teams on drafting and revising contracts, freeing up resources for other critical tasks.

Download the solution document

Accuracy
TBD

Speed
TBD

Input Data Set

Sample of data set required for Contract Drafting Agent:

Contract Drafting Agent - Sample Input


Contract Type:


Software Development Agreement  


Details:


    

  • Parties Involved:  
      

    • TechCorp (Client)  
      • 

    • DevSolutions (Vendor)  
      • 

    

    • 

  • Project Scope:
    
Development of a custom CRM software solution.  
    • 

  • Timeline:
    
6 months from the contract signing date.  
    • 

  • Payment Terms:  
      

    • 30% upfront  
      • 

    • 40% upon delivery of the beta version  
      • 

    • 30% upon final delivery and acceptance  
      • 

    

    • 

  • Confidentiality:
    
Both parties agree to maintain confidentiality of all shared information.  
    • 

  • Intellectual Property:
    
All IP developed during the project will be owned by TechCorp.  
    • 

  • Termination Clause:
    
Either party may terminate the contract with 30 days' notice.  
    • 

  • Governing Law:
    
Laws of the State of California.  
    •

Deliverable Example

Sample output delivered by the Contract Drafting Agent:

SOFTWARE DEVELOPMENT AGREEMENT


This Software Development Agreement ("Agreement") is entered into on October 15, 2023 by and between:


    

  1. TechNova Solutions Inc., a corporation organized under the laws of the State of California, with its principal office located at 1234 Innovation Drive, San Francisco, CA 94107 ("Client"); and  
    2. 

  2. CodeCrafters LLC, a corporation organized under the laws of the State of California, with its principal office located at 5678 Developer Lane, Palo Alto, CA 94301 ("Vendor").  
    3. 



Client and Vendor may be referred to individually as a "Party" and collectively as the "Parties."




1. SCOPE OF WORK


Vendor agrees to develop a custom CRM software solution for Client as described in Exhibit A (attached hereto). The project shall commence on November 1, 2023 and is expected to be completed within 6 months from the contract signing date.




2. PAYMENT TERMS


The total contract value is $250,000, payable as follows:


    

  • 30% of the total contract value ($75,000) shall be paid upon signing this Agreement.  
    • 

  • 40% of the total contract value ($100,000) shall be paid upon delivery of the beta version.  
    • 

  • 30% of the total contract value ($75,000) shall be paid upon final delivery and acceptance of the software.  
    • 



All payments shall be made in accordance with the invoice and payment schedule provided by Vendor.




3. CONFIDENTIALITY


Both Parties agree to maintain the confidentiality of all information shared during the term of this Agreement. Confidential information shall not be disclosed to any third party without prior written consent, except as required by law.




4. INTELLECTUAL PROPERTY


All intellectual property (IP) developed during the course of this project, including but not limited to software code, designs, and documentation, shall be the sole property of TechNova Solutions Inc.. Vendor agrees to assign all rights, title, and interest in such IP to TechNova Solutions Inc. upon completion of the project.




5. TERMINATION


Either Party may terminate this Agreement by providing 30 days' written notice to the other Party. In the event of termination:


    

  • Client shall pay Vendor for all work completed up to the termination date.  
    • 

  • Vendor shall deliver all work-in-progress and related materials to Client.
    • 





6. GOVERNING LAW


This Agreement shall be governed by and construed in accordance with the laws of the State of California.




7. MANDATORY CLAUSES (ORGANIZATION POLICY)


7.1 Compliance with Data Protection Laws


Vendor agrees to comply with all applicable data protection laws, including but not limited to GDPR and CCPA, in the performance of this Agreement.


7.2 Indemnification


Vendor agrees to indemnify and hold harmless TechNova Solutions Inc. from any claims, damages, or liabilities arising out of Vendor's breach of this Agreement.


7.3 Limitation of Liability


In no event shall either Party be liable for any indirect, incidental, or consequential damages arising out of this Agreement.




8. MISCELLANEOUS


    

  • Entire Agreement: This Agreement constitutes the entire understanding between the Parties and supersedes all prior agreements, representations, or understandings.  
    • 

  • Amendments: Any amendments to this Agreement must be made in writing and signed by both Parties.  
    • 

  • Severability: If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
    • 





9. SIGNATURES


IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first written above.




TECHNOVA SOLUTIONS INC.

By: ___

Name: John Doe

Title: Chief Technology Officer

Date: October 15, 2023  


CODECRAFTERS LLC

By: ___

Name: Jane Smith

Title: Chief Executive Officer

Date: October 15, 2023  




EXHIBIT A: SCOPE OF WORK


(Attach detailed description of the project, deliverables, milestones, and timelines.)

Related Agents

Contract Compliance Check Agent

Validates populated contracts against compliance standards, ensuring no critical terms were altered in the data population process.

Contract Review Summary Agent

Generates a concise review summary of populated contracts, highlighting key points, obligations, and potential issues.

Regulatory Gap Analysis Agent

Analyzes current regulations against company policies to identify gaps and suggests improvements for compliance.

Template Language Generation Agent

Generates standardized language and clauses for contract templates based on contract’s type, jurisdiction, and compliance standards.

Policy Change Alert Agent

Notifies relevant teams of updates in regulatory policies, ensuring prompt action and compliance alignment.

PII Redaction Agent

Automates the redaction of PII in documents, replacing sensitive data with synthetic placeholders to maintain privacy.