Contract Analysis

How Clara analyzes your contract

When you upload a contract, Clara runs a quick scan first (using Mistral Small) to detect document type, parties, dates, and complexity. Then you can run a full analysis (Mistral Large) that produces risk flags, key terms, deadlines, obligations, and a plain-language summary. The full analysis is tailored to the party you represent and any focus areas you choose.

Quick scan vs. full analysis

The quick scan runs automatically after upload and gives you a preview and metadata so you can decide whether to run full analysis. For full analysis you trigger it from the document page, select which party you represent and optional focus areas (e.g. liability, termination), and Clara runs a deeper pass that fills all tabs: Summary, Risks, Terms, Deadlines, Obligations. Full analysis uses more AI capacity and may take a bit longer than the quick scan.

Choosing your party perspective and focus areas

Before or when starting full analysis, Clara asks which party you represent (e.g. the client receiving the NDA, or the service provider in a service agreement) so it can orient the risk and obligation wording. You can also choose optional focus areas (e.g. liability, indemnity, termination) so Clara pays extra attention to those in the analysis. You can re-run analysis later with different choices if needed.

Re-running an analysis

From the document detail page, use Re-run analysis (or equivalent control). You can change party perspective and focus areas. The previous analysis is replaced; we do not keep a version history of analyses.

Risk levels (high, medium, low)

Clara assigns each risk a level: High (important issues that often need negotiation or clear client advice), Medium (worth reviewing; impact depends on context), or Low (minor or informational; may not require action). Each risk includes quoted contract text and a short recommendation — use these as a starting point for your own judgment.

Key terms extraction

Clara extracts a set of key terms for every contract, including where present: parties and effective date, term and renewal, payment terms, termination and notice, confidentiality, liability and indemnity, governing law and dispute resolution, and other material clauses. The Terms tab shows them in a structured way so you can quickly find what matters.

Deadlines and dates

All dates and deadlines mentioned in the contract (e.g. notice periods, option dates, renewal dates) are extracted and listed in the Deadlines tab. You can export them to your calendar (e.g. .ics, Google Calendar, Outlook) so you don’t miss key dates.

Obligations checklist

Clara builds an obligations checklist — who must do what, and by when if applicable. You can use it as a compliance or follow-up checklist and tick items off as you go.

Plain-language summary

Every full analysis includes a plain-language summary (a few paragraphs) that you can use for client briefings or internal notes. It summarizes the main points and risks without replacing your own advice.