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Published on 

August 30, 2023

Top 3 ChatGPT tools for contracts—and how to use them

Top 3 ChatGPT tools for contracts—and how to use them
Top 3 ChatGPT tools for contracts—and how to use themTop 3 ChatGPT tools for contracts—and how to use them
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Do you work with contracts every day and feel like far too much of your time disappears into reviewing clauses, extracting key details, and double-checking wording? You’re not alone. Contracts are essential to how businesses operate, but they’re also notorious for being time‑consuming and intimidating.

Contracts act as a single source of truth across a business. When questions come up about salary terms, renewal dates, service levels, or discounts, the answer usually lives in a contract somewhere. The problem is that legal language isn’t designed for speed or accessibility—but that’s where AI can help.

With a global projection of the market reaching $1,811.8 billion by 2030, AI has taken the world by storm—and with the launch of OpenAI’s ChatGPT and its growing plugin ecosystem, it’s quickly moved from hype to practical business tool. While AI isn’t about to replace lawyers, it can eliminate some of the most tedious and error‑prone parts of contract work.

In this article, we’ll walk through three of the most useful ChatGPT‑powered tools and workflows for contract management today. We’ll look at how these tools work in the current ChatGPT environment—through custom GPTs, integrations, and external automation tools.

Key takeaways:

  • ChatGPT can significantly reduce time spent on contract review by summarizing clauses, extracting key details, and clarifying complex legal language.
  • Combining ChatGPT with automation tools like Zapier helps turn contract insights into actions, such as reminders, alerts, and workflow updates.
  • The quality of contract analysis depends heavily on how you prompt AI, making clear, structured instructions essential for reliable results.

Getting started: Using ChatGPT for contract work today

Before diving into the tools, it’s worth clearing up one important point.

ChatGPT no longer works the same way it did when plugins were first introduced. The original plugin system has been phased out and replaced with custom GPTs and built‑in tool integrations. In practice, this means:

  • You can use specialized GPTs designed for tasks like document analysis or summarization.
  • You can connect ChatGPT outputs to external tools via automation platforms.
  • You should always treat AI as an assistant, not a source of legal truth. AI can occasionally generate inaccurate or misleading information, so it’s important you always review outputs carefully.

It’s also important to remember that ChatGPT does not have direct access to your private contracts unless you provide them, and it should never be treated as a substitute for legal advice.

Common contract challenges AI can help with

Most teams run into the same issues when dealing with contracts:

  • Manually comparing clauses across versions
  • Identifying key milestones, renewals, and deadlines
  • Extracting structured data after signing
  • Keeping stakeholders informed without endless emails

Used correctly, AI can remove a lot of this friction—while still leaving final decisions in human hands.

Our 3 favorite ChatGPT tools for contracts

1. Contract summarization tools

One of the most immediate wins with ChatGPT is summarization.

Specialized document‑analysis GPTs (and external tools that work alongside ChatGPT) can ingest long contracts or terms and conditions and return:

  • Plain‑English summaries
  • Bullet‑point overviews of key clauses
  • Sections relevant to a specific jurisdiction or role

This is particularly useful when dealing with lengthy, standardised documents like SaaS terms, employment contracts, or supplier agreements.

How to use summarization effectively:

  1. Upload or paste the contract text into ChatGPT or a document‑analysis GPT
  2. Ask for a summary tailored to your role (for example, “summarize this from the perspective of an EU consumer”)
  3. Request follow‑ups on specific clauses, dates, or obligations

Used this way, AI becomes a first‑pass reviewer, helping you understand what matters before you dive into the details.

2. Zapier for contract-driven automation

Zapier remains one of the most powerful tools for turning contract insights into action.

While Zapier doesn’t live inside ChatGPT anymore, it works perfectly alongside it. You can use ChatGPT to extract information from a contract—such as renewal dates or notice periods—and then trigger workflows in tools like:

  • Google Calendar (for reminders)
  • Slack or email (for alerts)
  • CRM or contract management systems

Example workflow:

  • Ask ChatGPT to identify key dates in a contract
  • Copy the structured output into Zapier
  • Automatically create calendar events or reminders

This removes the risk of missed deadlines and reduces reliance on manual tracking.

3. Prompt optimization for better contract analysis

Finally, our last tool is perhaps more of a tip: ChatGPT is only as good at the instructions you give it.

Prompt‑optimization tools and workflows—inspired by tools like Prompt Perfect—help you rephrase vague requests into clear, structured prompts. This is especially useful for legal or technical documents where precision matters.

Instead of asking:

“Can you review this contract?”

You might ask:

“Summarise the termination, renewal, and liability clauses in this contract, highlighting risks for the customer.”

Better prompts lead to better outputs—and far less frustration.

Final thoughts

AI‑powered tools can dramatically improve how contracts are reviewed, understood, and managed. Used well, they save time, reduce errors, and make legal information more accessible across the business.

What they don’t do is replace judgement, context, or legal expertise.

Think of ChatGPT and its surrounding tools as a contract assistant—one that handles the heavy lifting so humans can focus on decisions, negotiation, and strategy.

And yes, it does make working with contracts feel a bit more fun. Feeling like a tech wizard is never a bad thing.

If you’re already using AI to improve your contract workflows, we’d love to hear what’s working for you.

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