Legal
Your lawyers extract the same 12 terms from every contract. Hundreds of times a year. At $200 per hour.
Klarefi reads the contract, extracts provisions with source citations, and flags what is missing. Your lawyers open a brief with every term cited instead of a cold 50-page PDF.
“This Agreement shall be governed by and construed in accordance with the laws of the Netherlands.”
MSA, clause 22.1, page 18
“The aggregate liability of either party under this Agreement shall not exceed five hundred thousand euros (EUR 500,000).”
MSA, clause 14.3, page 12
“This Agreement shall have an initial term of twenty-four (24) months and shall automatically renew for successive twelve-month periods.”
MSA, clause 19.1, page 16
The bottleneck
40 to 60% of in-house lawyer time goes to routine extraction and document chasing.
MSAs, DPAs, and 50-page vendor contracts pile up. Lawyers spend the majority of review time extracting the same key terms. Parties, governing law, liability caps. Over and over. That is triage work, not legal work.
The industry says to hire outside counsel. But partner rates exceeded $1,000 per hour in 2023. 52% of CLOs are actively pulling routine work back in-house to control costs. The problem is capacity, not capability.
Meanwhile, 60 to 70% of enterprise SaaS contracts auto-renew with 30 to 90 day notice windows. The average enterprise wastes $18 million per year on unwanted SaaS renewals alone. Nobody is tracking them systematically.
0.0%
of contract value lost to poor management
World Commerce & Contracting
$0M/yr
wasted on unwanted SaaS auto-renewals
Zylo, 2023
$0.0M
average cost of a compliance failure
Ponemon Institute
How it works
You do not need more lawyers. You need every contract to arrive as a complete brief.
Step 01
Form
Guided intake collects the right documents in the right format.
Step 02
Fact
Every document is read. Every value is extracted and cited to its source page.
Step 03
Verify
Missing evidence is flagged. The applicant gets an upload link before your team opens the file.
Klarefi is an intake operating system for contract triage. Three steps. Form: requestors submit contracts through a structured intake flow. Fact: every document is read, key provisions are extracted and pinned to their source clause. Verify: missing exhibits are flagged and the requestor gets an upload link before your lawyer touches the file.
Purpose-built for
Your workflow
What your lawyers see when contracts arrive
Complete briefs ready for review. Every term cited. Every deadline tracked.
Auto-renewal: ToolCo SaaS Agreement
Notice window closes in 28 days (15 April 2026). Annual value: €18,000.
“This Agreement shall automatically renew for successive 12-month periods unless either party provides written notice of non-renewal at least 30 days prior...”
ToolCo Agreement, clause 8.2, p.6
Missing: Data Processing Agreement (DPA)
Referenced in MSA section 14.2: "as set forth in the DPA attached hereto as Exhibit C." No Exhibit C found.
Ready for Legal Review
Key terms extracted · Deadlines tracked · Exhibits verified
Five contracts arrived this morning. Klarefi classified each by type and deadline. The MSA with a 72-hour signature deadline surfaces first.
Built for counterparty paper at scale
Key term extraction with citations
Extracts parties, governing law, liability caps, indemnity structures, and deadlines. Every value pinned to the exact clause, page, and quote.
Deadline and renewal tracking
Auto-renewal dates, notice windows, and option exercise periods surfaced automatically. Tracked across the full contract set.
Missing exhibit detection
References to unsigned schedules, absent DPAs, and broken exhibit links caught and flagged before a lawyer opens the file.
Intake prioritization
Contracts classified by type, complexity, and deadline pressure at arrival. High-risk agreements surface immediately.
Requestor follow-up
Missing context and documents chased directly with the business requestor. Lawyers spend time reviewing, not emailing procurement.
See it on your actual contracts
Send us your messiest contract batch. In two weeks, we show you cited extractions and deadline alerts. If we do not cut your first-pass triage time by 50%, we work for free until we do.
Backed by our 30-day “work for free” conditional guarantee.
A 90 seconds read, improvements forever.