Extract key terms from contracts — without reading every page.
PaperAI reads contracts the way a paralegal does — identifying parties, effective dates, term lengths, renewal clauses, payment terms, and obligations. Review extracted data side-by-side with the original before adding it to your contract management system.
- Extracts party names, dates, term, renewal clauses, payment terms, and obligations
- Side-by-side review ensures accuracy on high-stakes legal documents
- Version history and audit trail for compliance and legal defensibility
Why teams convert here
- Reduce contract review time from 30-60 minutes to under 2 minutes per agreement
- Never miss a renewal date or obligation buried on page 37
- Build a searchable contract database with structured extracted terms
“We digitized 15 years of contract archives in under a month. Now any attorney can search across thousands of agreements.”
Contract review is one of the most time-intensive tasks in legal operations. A typical commercial contract contains dozens of key data points buried across 10-50 pages of dense legal text. Manually extracting these terms for a contract management system or a deal review takes 30-60 minutes per contract.
PaperAI's premium AI models understand legal document structure — they locate key clauses, identify party names, parse date formats, and extract financial terms. For high-stakes documents, the human-in-the-loop review ensures every extracted field is verified before it enters your system of record.
The contract lifecycle management (CLM) market now accounts for 31% of legal AI spend, driven by the need to extract and track key terms at scale. With partner billing rates of $600-1,000 per hour, automating the extraction of contract metadata delivers immediate ROI by freeing attorneys to focus on analysis and negotiation.
Upload contracts
Upload executed contracts as PDFs or scanned images — NDAs, MSAs, SOWs, lease agreements, or any commercial agreement. PaperAI handles any layout.
AI extracts key terms
Premium AI models read the full contract and extract party names, effective dates, term length, renewal clauses, payment terms, governing law, and obligations into structured fields.
Side-by-side legal review
Review extracted terms against the original contract in the side-by-side view. Confidence scores highlight clauses where the AI is less certain, so attorneys verify only what matters.
Export to your CLM
Download extracted contract metadata as JSON or CSV for import into your contract management system, matter management tool, or spreadsheet tracker.
PaperAI automatically pulls out these fields, organized and ready for your systems:
| Field | Type | Example |
|---|---|---|
| Party A | text | Meridian Technologies, Inc. |
| Party B | text | Coastal Supply Co. |
| Effective Date | date | 2026-01-15 |
| Term Length | text | 24 months |
| Auto-Renewal | text | Yes — 12-month periods unless 90-day notice |
| Total Contract Value | currency | $240,000.00 |
| Governing Law | text | State of Delaware |
| Payment Terms | text | Net 30 from invoice date |
50-80%
Review time reduction with AI extraction
31%
Of legal AI market is CLM
$600-1000/hr
Partner billing rates saved
<2min
AI extraction time per contract
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