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AI-Powered Summaries

Automatically generate concise summaries of contracts using AI to quickly understand key information and important clauses.

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Written by Shivani Sharma
Updated yesterday

Overview

AI-Powered Summaries allows users to quickly generate a structured summary of a contract using AI. Instead of reading the entire document to understand its key terms, the system analyses the contract and provides a concise overview of the important information.

This feature helps users quickly understand the contents of a contract during review, making it easier to identify key clauses, obligations, and important details.

AI-Powered Summaries can be accessed either through the Ask AI panel within a contract or directly from the contract editor while reviewing or editing the document.

Method 1: Generate Summary Using Ask AI

This method allows you to quickly generate a summary directly from the contract view.

Step 1: Open the Contract

Navigate to the contract repository and select the contract you want to review.
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Click on the contract to open its details page.

Step 2: Open Ask AI

Within the contract interface, click on Ask AI.

This will open the AI panel that provides various AI-powered actions related to the contract.

Step 3: Select Summarise Draft

From the available options, select Summarise Draft.

Step 4: Review the Generated Summary

The system will analyse the contract and generate a summary highlighting the key information and important clauses within the document.
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This allows users to quickly understand the contents of the contract without reviewing the entire document.

Method 2: Generate Summary from the Contract Editor

This method allows you to view the contract summary while reviewing or editing the document.

Step 1: Open the Contract

Navigate to the contract you want to review within the repository.

Step 2: Click on Edit Draft

Select Edit Draft to open the contract in editing mode.

Step 3: Choose the Editing Mode

Select one of the available editing options:

  • Office Only, or

  • MS Word

The contract document will open in the selected editor.

Step 4: Open the Summary Panel

Within the document editor, locate and select Summary from the left-side panel.

Step 5: Review the Contract Summary

The system will display a structured summary of the contract, allowing users to quickly review the key information while editing or reviewing the draft.

Conclusion

AI-Powered Summaries simplifies contract review by automatically generating concise summaries of agreements. By quickly highlighting the most important information within a contract, it enables users to understand documents faster and improves efficiency during contract review and analysis.

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