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Praktik

Auditing a Document Portfolio

Law Firms · In-House Counsel

The Problem

Section titled “The Problem”

Legislation changed, or your company updated its internal policies. Now you need to check whether your existing contracts — vendor agreements, leases, employment contracts — still comply. Reviewing each one individually is slow, and you need a systematic way to identify which documents need attention.

The Steps

Section titled “The Steps”
  1. Research the new requirements using Chat — understand exactly what changed and which provisions are affected
  2. Upload the full document portfolio to Due Diligence
  3. Define extraction criteria targeting the affected provisions (e.g., notice periods, insurance minimums, data processing terms, termination clauses)
  4. Review the structured results — filter for documents that don’t meet the new requirements
  5. For flagged documents, run Contract Review to get detailed findings against the updated standards
  6. Export the results for reporting, client delivery, or renegotiation planning

The Outcome

Section titled “The Outcome”

A clear list of exactly which documents in your portfolio need updating or renegotiation — with specific gaps identified, each finding linked to the relevant legislative provision or policy requirement.

How Different Roles Use This

Section titled “How Different Roles Use This”

Law Firms: A client needs to verify that their 40 lease agreements comply with updated regulatory requirements. You extract the affected provisions from all documents, identify non-compliant agreements, and deliver a detailed report with specific findings per contract.

In-House Counsel: Your company updated its vendor management policy (new insurance minimums, new data processing requirements). You audit all existing vendor contracts to identify which need renegotiation — and send procurement a specific list of issues per vendor.

Features Used

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