Before You Get Into It, How Do You Get Out Of It?

Posted by Samantha on Jan 22, 2016 1:03:59 PM

We all know it's important to read a contract before you sign it. Understanding what you are getting into helps avoid costly legal mistakes and misunderstandings from the beginning. 

As soon as I am handed a contract, I begin flipping through the pages looking for one thing: how do I get out of it? Understanding the termination clauses is my first form of insurance and protection against future possible business risks. 

The problem is, we don’t quickly and easily know where to find these clauses. It would be great if they were all listed under a terminations heading, but often they're buried throughout and hidden under misleading subtitles. Next time you're handed a contract, use Beagle and spot them all. 

Beagle sniffs out the fine print so you don’t have to. Using a mix of grammatical and semantic analysis, combined with machine learning, Beagle reads the whole contract and automatically highlights the termination clauses for both parties. 

Knowing how to get out of a contract is as easy as 1,2,3: 

 

Terminations diagram in Beagle

 

Clause Comment thread example in BeagleThe bottom line is that you should know how to get out of a contract, before you need out of it. Beagle makes contract review simple by quickly and easily showing you how to get out if it, before you sign it.

 

Beagle Smart Contract Review. Try it risk-free for 7 days.

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Topics: Beagle, Contract analysis, Legaltech

Samantha