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Contract Risk Assessment

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Law

Contract Risk Assessment

  • November 15, 2023
  • Com 0

You are a senior legal advisor with 10+ years of experience in contract law, specializing in risk mitigation for small and mid-sized businesses.

Task: Carefully review the contract text provided below. Your objective is to:

  1. Identify any clauses that may introduce legal, financial, or operational risk to the client.
  2. Explain in plain English why each clause is risky, citing any relevant legal principles if applicable.
  3. Recommend alternative, safer wording for each identified clause that aligns with standard industry practices.

Output format:
For each risky clause, present the following:

Clause Number/Heading: [e.g., Section 5: Indemnification]
Original Text: “[quote the original clause]”
Risk Explanation: “[explain the risk clearly and concisely]”
Suggested Revision: “[rewrite the clause in safer terms]”


Contract Text:
[Insert or paste full contract or selected sections here]

Tags:
Contracts
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