AI Contract Generator Examples and How to Use

Creating contracts can be a time-consuming task, especially for small businesses and freelancers who may not have the resources to hire a lawyer for every agreement. Enter AI contract generators: tools that automate the contract drafting process, making it quicker, easier, and more affordable. With just a few details, these tools can help you create customized contracts that are legally sound and ready to be signed. In this article, we’ll explore some of the top AI contract generator examples and walk you through how to use them effectively.

What Is an AI Contract Generator?

An AI contract generator is a software tool powered by artificial intelligence that helps users create contracts based on provided inputs. These tools use machine learning, natural language processing, and legal data to draft contracts automatically. By entering basic details—such as the parties involved, agreement type, terms, and deadlines—the AI tool creates a customized contract that complies with legal standards.

AI contract generators save time, reduce human error, and make it easier for businesses to create legally valid agreements without needing extensive legal expertise. The AI-powered tools can handle everything from simple business contracts to complex legal agreements, providing a smart solution for modern contract management.

Popular AI Contract Generator Examples

Let’s take a look at some of the most popular AI business contract generators available today and explore their features, use cases, and benefits.

Example 1: Lumin’s AgreementGen

Overview of Features and Capabilities

Lumin is an online PDF editor that also offers AgreementGen, an AI-powered contract generator. Lumin allows users to convert static PDF documents into dynamic, customizable contracts that can be edited, signed, and stored easily. It integrates seamlessly with other business systems, offering workflows that streamline the contract creation and management process.

Use Case: Small Businesses and Freelancers

Lumin is an excellent choice for small businesses and freelancers who need to create contracts quickly without sacrificing quality. Whether you’re drafting a service agreement or a non-disclosure agreement (NDA), Lumin’s simple interface and automation features make contract creation fast and efficient.

Key Benefits

• Easy-to-use interface, ideal for non-experts.
• Automation of contract generation, reducing time and effort.
• Integration with other business tools and systems, allowing for easy contract management.

Example 2: LegalZoom

Overview of Features and Capabilities

LegalZoom is a well-known legal platform offering an AI contract generator. It provides an extensive library of contract templates for personal, business, and legal needs. The platform guides users through a step-by-step process to customize contracts based on their unique requirements.

Use Case: Startups and Individuals

LegalZoom is perfect for startups and individuals who need to draft simple contracts like NDAs, leases, or partnership agreements. It offers a quick and affordable way to get essential legal documents without hiring a lawyer.

Key Benefits

• Trusted brand with years of experience in the legal field.
• A wide range of contract templates for various needs.
• Simple and guided process for creating personalized agreements.

Example 3: PandaDoc

Overview of Features and Capabilities

PandaDoc offers comprehensive contract generator software that allows users to create, edit, and manage contracts easily. It provides customizable templates and integrates with CRM systems to manage client interactions effectively. PandaDoc also supports real-time collaboration on contracts, allowing multiple parties to work on the same document simultaneously.

Use Case: Enterprise-Level Contract Management

PandaDoc is ideal for businesses that handle a high volume of contracts, especially in sales and marketing. The platform simplifies contract negotiation, making it a great tool for teams that need to collaborate on documents before finalizing them.

Key Benefits

• Real-time collaboration for multiple users.
• E-signatures for quick contract finalization.
• CRM integrations for seamless contract management.

Example 4: DocuSign

Overview of Features and Capabilities

DocuSign is a leading platform in digital signature technology and contract management. It allows businesses to generate, sign, and store contracts electronically. DocuSign integrates with a wide range of business applications, from CRM tools to document storage systems, ensuring a smooth workflow.

Use Case: Businesses Requiring Digital Signatures and Legally Binding Contracts

DocuSign is widely used by businesses that need to manage contracts digitally. Whether it’s a sales agreement or a lease, DocuSign ensures all contracts are signed securely and legally binding.

Key Benefits

• Speedy contract signing with digital signatures.
• Highly secure and compliant with global legal standards.
• Integration with many business systems, making it ideal for large teams.

Example 5: Ironclad

Overview of Features and Capabilities

Ironclad is a powerful contract management platform designed for legal teams and large enterprises. It provides tools to automate the contract lifecycle, from creation to negotiation and final signing. Ironclad is known for its advanced workflow automation and compliance tracking, which ensures that every contract follows company policy and industry regulations.

Use Case: Legal Teams and Enterprises

Ironclad is best suited for enterprises and legal departments that handle complex, high-stakes contracts. It helps legal teams manage, track, and automate the entire contract process, reducing the risk of missed deadlines or errors.

Key Benefits

• Advanced workflow automation and compliance tracking.
• Full contract lifecycle management, from creation to renewal.
• Customizable templates for complex agreements.

How to Use an AI Contract Generator

Now that we’ve looked at some popular AI contract generators, let’s explore how to use these tools to create legal agreements.

Choosing the Right AI Contract Generator

The first step is selecting the right AI contract maker for your needs. Key factors to consider include:

• Contract Type: Different platforms are designed for different use cases, so choose one that suits your needs (e.g., NDAs, business contracts, leases).
• Ease of Use: Choose a platform that’s intuitive and easy to use.
• Security and Compliance: Ensure that the platform meets security standards and complies with legal regulations.
• Pricing: Compare pricing options to find a tool that fits within your budget.

Inputting Contract Information

Once you’ve selected your AI contract generator, the next step is entering the necessary details. The tool will prompt you for key information such as the names and roles of the parties involved, the type of contract (e.g., employment, sales, or service agreement), specific terms like payment schedules or deadlines, and any custom clauses based on your business needs.

Once the details are provided, the AI tool automatically generates a customized contract. It will populate the document with the relevant clauses, ensuring compliance with legal standards. You can review the contract in real-time and make adjustments before finalizing it.

Reviewing and Editing the Contract

Although AI tools help reduce errors, it’s important to carefully review the contract to ensure accuracy. You can make adjustments to terms, clauses, or dates as needed. Many AI platforms also provide suggestions for improving clarity and ensuring compliance. However, it’s always a good idea to have a lawyer review the contract before finalizing it, especially for complex agreements, to ensure it fully aligns with your business needs and legal requirements.

Signing and Finalizing the Contract

Once the contract is reviewed and finalized, it’s time to sign. Many AI-powered contract generators integrate digital signature functionality, making it easy to sign contracts electronically. This step eliminates the need for printing and mailing physical copies. Once signed, the contract is legally binding and ready for distribution.

Final Thoughts

AI smart contract generators are revolutionizing how businesses create, manage, and sign contracts. By automating much of the drafting process, these tools help save time, reduce errors, and ensure legal compliance. Whether you’re a small business owner, freelancer, or part of a larger enterprise, Lumin’s AgreementGen provides a powerful solution to create customized, legally compliant agreements in just minutes—streamlining your workflow and minimizing the need for manual contract creation.