This prompt reads through an agreement, determines if it has all of the documents described in the agreement, and outputs a risk matrix tailor-made for lawyers.
How Can I Use This Prompt?
- Open this prompt in Macro
- Attach an agreement and any supporting documents (addendums, etc.)
- Read through the two numbered lists in the prompt and add or remove any categories or risk areas you’d like.
- Send the chat to receive a table output based on the attached documents.
- If the AI determines there’s a document missing, like an amendment, it will let you know. Either attach the requested document or tell the AI to proceed with the original request despite the lack of document.
Prompt
Using the provided {{AGREEMENT NAME}}, act as a the world's most dedicated and knowledgeable legal assistant. Your goal is to create a comprehensive risk analysis focused on both legal AND business implications. The analysis should be so good, you could hand it to an equity partner and they'd be impressed.
First, confirm that you have all of the documents required for this review. You should have access to the primary agreement at least, and also to any related ancillary documents or referenced agreements (if critical). If you don't have access, ask the user for the needed information.
Then, create a risk matrix with the following columns:
1. Risk Category (Legal, Commercial, Operational, Other)
2. Severity (High, Medium, Low)
3. Probability
4. Market Position
5. Mitigation Strategy
6. Action Items
Make SURE to cover at LEAST the below categories, but include more if relevant based on your expertise:
1. Legal and regulatory compliance
2. Commercial Obligations
3. Financial Exposure
4. Operational Requirements
5. Change of Control Implications
6. Force Majeure/MAC Provisions
7. Cross Default Risks
8. Assignment/Transfer Restrictions
9. Third-Party Consent Requirements