Contracts, in one form or another, have been around for centuries.
There were few written contracts in earlier times, and people made deals with a simple handshake.
Today, most businesses put their contracts in writing for one simple reason: If something goes wrong, a written contract can protect both parties in a court of law.
But this makes contract drafting the single point of failure for those that later rely on the terms, only to realise they were poorly written, ambiguous, or full of gaps in the first place.
How to write a contract
Drafting a contract is both a legal and strategic activity. By focusing on clarity, compliance, and collaboration, in-house lawyers can create agreements that meet business needs while managing risk.
Here’s a quick overview of what that process looks like in practice - with and without a contract management solution like Juro.
1. Gather key information
To draft a contract that aligns with business objectives, you need clear and complete information. This involves understanding the purpose of the contract, contract value, parties involved, and any core deliverables or discounts discussed separately.
- Without a contract tool: Business teams submit contract requests via email, chats, or via contract request forms. Legal teams spend time clarifying missing details with the commercial teams handling a deal, resulting in delays and inconsistent inputs.
- With a contract tool: Intuitive Q&A workflows or integrations with key business tools (like CRMs) capture all required information upfront, making it quick and easy to populate the contract draft. These forms can be customized to meet specific business needs and ensure completeness from the start.
2. Drafting the language in the agreement
The next stage is drafting, which involves translating the gathered information into precise and unambiguous legal language. You should make sure the agreement covers all of the key elements of a contract, and common contract clauses.
- Without a contract tool: Legal teams draft contracts manually, relying on often outdated templates stored in shared drives. This process involves repetitive formatting tasks and increases the risk of errors or inconsistencies. They might freehand some terms to suit the occasion, which can invite contractual risk later down the line.
- With a contract tool: Contracts are drafted in seconds using pre-approved, automated contract templates and conditional logic that can automatically add, remove, or amend terms in the template based on your contract playbook provisions. AI drafting features ensure the first draft is compliant, complete, and tailored to the input provided, saving valuable time.
3. Ensuring consistency with rules and playbooks
The next step is ensuring that contracts are consistent across the organization to reduce risks. This typically includes checking that the template aligns with your internal policies and risk thresholds internally, and standardizing terms to deliver more predictable outcomes.
- Without a contract tool: Ensuring compliance with legal policies requires manual contract reviews to confirm that contract templates and clauses are up-to-date. This adds time and complexity to the drafting process, particularly when revised or negotiated versions of a contract land in legal’s busy inbox, where they’ll stay for some time.
- With a contract tool: Centralized template management ensures that all drafts pull from the latest pre-approved content. Clauses are consistent, compliant, and aligned with organizational standards. If an agreement does require legal’s approval, you can route it quickly with approval workflows, which is perfect for speeding up the contract review process.
4. Collaboration with other stakeholders
Contracts often require input from multiple stakeholders, including business teams, counterparties, and legal advisors. Effective collaboration ensures that stakeholders can review and comment on drafts efficiently, and that everyone involved in executing the contract understands the timeline and their responsibilities.
- Without a contract tool: Collaboration happens in silos, with comments and edits exchanged through lengthy email threads or tracked changes in static documents. Miscommunication is common.
- With a contract tool: Teams can collaborate in a shared browser-based workspace, enabling real-time edits, comments, and discussions. This eliminates version control issues and makes it easier than ever to align expectations.
Expedite the contract drafting process with Juro
Juro is an AI-native, collaborative platform designed to streamline the contract lifecycle, making the drafting process faster, more accurate, and more efficient. Here’s how Juro improves each stage of contract drafting:
Simplified information gathering
Juro uses intuitive Q&A workflows that are easy for business teams to complete. These forms capture all the necessary details about the contract, including parties, deliverables, and key terms, at the start of the process.
- Customization: Tailor forms to specific contract types, ensuring all relevant information is provided.
- Automation: Automatically populate data into draft contracts, eliminating manual input and reducing errors.
By standardizing information collection, Juro minimizes delays caused by missing or unclear requirements.
Accelerated drafting with AI-powered tools
Juro’s AI capabilities significantly reduce the time required to create a first draft, with the legal AI assistant on hand to draft, or re-draft clauses that comply with your playbook. More specifically, Juro offers:
- Template automation: Pre-approved templates and clause libraries generate contracts based on the data collected in the intake form.
- AI assistance: Drafts are created automatically with consistent formatting, accurate language, and compliance with organizational policies.
- Dynamic fields: Populate variables like dates, names, and payment terms automatically, ensuring accuracy and consistency.
These features help legal teams deliver business-ready drafts in minutes rather than hours.
Ensuring consistency and compliance
Juro centralizes contract templates and clauses, enabling legal teams to maintain uniformity across all agreements.
- Single source of truth: Approved templates and clauses are stored in Juro, ensuring all drafts comply with legal standards and internal policies.
- Real-time updates: Any changes to templates or legal requirements are instantly reflected in new drafts.
- Risk mitigation: Standardized language reduces the likelihood of errors or unapproved deviations.
This consistency minimizes the need for extensive reviews and back-and-forth revisions.
Seamless stakeholder collaboration
Juro’s collaborative workspace allows all stakeholders to work on contracts directly within the platform.
- Real-time editing: Business teams and legal teams can review, comment, and edit drafts simultaneously.
- Version control: Avoid confusion by keeping all feedback and edits in a single version of the document.
- Access controls: Tailor permissions to ensure sensitive clauses are only editable by authorized users.
By eliminating email chains and scattered feedback, Juro speeds up stakeholder alignment and decision-making.
Streamlined approval workflows
Juro automates the approval process, ensuring contracts move through the organization efficiently.
- Customizable workflows: Set up rules to route contracts to the right approvers based on type, value, or other criteria.
- Notifications and reminders: Keep approvers on track with automated alerts and deadlines.
- Audit trail: Track approvals and changes to maintain a clear record of the process.
This automation reduces administrative burden and ensures approvals are secured without unnecessary delays.
The result: faster, smarter contract drafting
By integrating all aspects of the drafting process—intake, creation, collaboration, and approval—Juro transforms contract drafting into a seamless workflow. Legal teams can deliver high-quality, compliant contracts faster while freeing up time to focus on strategic priorities.
If this sounds like something your team would benefit from, hit the button below to speak to a member of our team.