Contract Abstraction and Contract Summarization Services

The process of "abstracting" key information from a contract comprising dates, clauses, options, and other relevant information constitutes contract abstraction.

Often ranging from twenty to hundreds of pages in length, culling out the specific data from contractual documents is a lengthy, labor-intensive process for an attorney/manager. It involves meticulous reading and interpretation of all the intricate details of contracts, leases, judgments and agreements, together with the accompanying documents. Even a slight loss in understanding can lead to alarming financial and legal consequences.

SunTecData is adept at conducting high quality, high volume abstraction for diverse categories of contracts, and enterprises. Equipped with a qualified team of professionals competent in a wide range of areas, we help you maximize the accuracy of your abstracts and minimize the turnaround time.

Our team of lawyers and paralegals can help corporates, consultancies, real estate professionals and lease administrators, insurance companies, law firms, etc., in summarizing and analyzing key contractual terms and provisions contained in such agreements, besides identifying missing, corrupt and duplicate files.

Apart from abstracting contracts, our professionals are also adept at abstracting and encapsulating Case Law, Judgments, Depositions, Annual Reports, etc.

When you outsource your contract abstraction requirement to us, you gain:

  • Consistent and concise abstracts/digests
  • Critical view to help you make quicker and timely decisions
  • Monitoring agreements based on criteria like type, party, expiration and renewal deadlines, option dates; sending notifications in case of expiration and renewal
  • Building and managing contract databases
  • Analyzing contract terms and timeline; identifying deviations from standard terms and conditions
  • Direct access to subject matter experts who keep you regularly posted on the status of your project
  • Analyzing service / billing rate across contracts that helps in taking well-informed financial decisions
  • Complete data privacy
  • Significant cost reduction
SunTecData has abstracted a wide range of agreements, including:
  • Contract
  • Lease
  • Consultancy Agreement
  • Deposition Summaries
  • Insurance Agreement
  • License
  • Procurement Agreements
  • Vendor agreements
  • Judgment/Case Law Summaries
  • On-going Contracts
  • Master Service Agreements
  • Statement of Work
  • Witness Statements
  • Class Action Summaries
  • NDAs
  • Alliance Agreements
  • Hosting Services Agreements
For more information on how SunTecData can help you in contract abstraction and summarizes all the salient points of your contract, please contact us today.