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Contract Risk Assessment
Multi-factor evaluation of contract risk across liability, IP, and compliance
Given / When / Then
GIVENGIVEN a business contract under review,
WHENWHEN assessing overall contract risk,
THENTHEN evaluate across 5 weighted dimensions.
Evaluation Criteria
5 itemsf1⚖critical
Liability exposure: uncapped liability, consequential damages
f2⚖critical
Indemnification scope: breadth of obligations
f3⚖high
IP ownership: work product, licensing
f4⚖moderate
Data protection: processing terms, breach notification
f5⚖moderate
Termination: convenience rights, cure periods
Interactions & Conditions
1 itemsr1→
Uncapped liability + broad indemnification
→ Escalate to senior legal
Inputs
1 itemscontract_textString
Outputs
1 itemsrisk_assessmentStructuredAssessment
Supporting Evidence
1 itemsABA Model Contract Clauses