Smarter, Faster, Safer: How LinkSquares Risk Scoring Agent and Dashboards Are Changing Contract Risk Management

“Risky business” is redundant: all business is risky. And the contract risk that comes with it may be the single biggest problem that corporate counsels are hired to eliminate -- and often the most time-consuming to deal with. That’s why we developed the LinkSquares Risk Scoring Agent, an AI-powered assistant that automates the identification and scoring of contractual risks across your legal agreements. When the stakes are this high, these teams are deserving and in need of the right tools.

Together with our new Risk Scoring Dashboards, the scoring agent empowers legal, procurement, compliance teams and more to move from reactive firefighting to proactive risk management -- with more speed, accuracy, and confidence than ever before.

From Manual Risk Review to AI-Powered Insight

Before the debut of our Risk Scoring Agent, identifying and quantifying risk in contracts was an intensive, manual process. Teams would pore over agreements clause-by-clause, manually note red flags, and then consolidate findings into spreadsheets or reports.

This process is tedious, slow, and prone to inconsistency. Two reviewers might interpret the same clause differently, leading to gaps in your risk profile and your organization vulnerable.

The LinkSquares Risk Scoring Agent changes the game.

The agent automatically scans your contracts for specific risk factors that you define -- like unfavorable termination terms, indemnification gaps, or regulatory compliance triggers -- and assigns a risk score based on their potential business impact.

Instead of spending hours searching for problems, your team can spend minutes addressing them.

Your Definition of Risk, Not Ours

Unlike other AI analysis tools that define contract risk with their own liability ratings (using an unexplained AI black box), the LinkSquares Risk Scoring Agent lets you define what constitutes a legal risk and how severely that risk should be scored.

Simply select an agreement type and write a brief definition of an unacceptable term, then set a weight for any contract language that meets your definition of unacceptable. The AI behind the Risk Scoring Agent will identify any and every document in your contract repository that meets that risk definition and score it per your standards, all in mere moments.

Think of it as a policy guide or contract playbook that operates at the speed of high-powered software. Your rules, your risk tolerance, tailored for your agreements: all identified, tabulated, and tracked in minutes, not hours or days. The LinkSquares Risk Scoring Agent saves more than time, it saves your sanity. 

Track Liability with Risk Scoring Dashboards

While the Risk Scoring Agent gives you powerful AI-driven analysis, the new Risk Scoring Dashboards give you something equally important: clarity.

The dashboards provide real-time, portfolio-wide visibility into contract risk, with customizable views that allow you to establish trends and prioritize work based on exposure.

With insights available across both Finalize and Analyze, slide and dice your data by:

• Actionable Insights:

• • • Get a comprehensive inventory of contract risk so you can create and execute a plan to monitor and reduce your organization's risk over time

• Average Risk by Tag, Type, and Status: 
  • • See which agreement tags and types have high risk scores and where process improvements are needed
    • Track how risk is trending through various agreement statuses, and where it can be mitigated ahead of signature

• Risk Severity and Reduction: 
  • Get a birds eye view of risk areas consistently cropping up across your portfolio
  • See trends on how risk is improving or worsening with time

With this visibility, you can quickly answer questions like:

• Which vendor agreements pose the highest operational risk?
• How many customer contracts are missing critical compliance clauses?
• Which business areas are most exposed, and why?

It’s no longer about finding risk; it’s about understanding it, prioritizing it, and acting on it.

How the Scoring Agent Enables Process Improvement

The pairing of Risk Scoring Agent and Risk Scoring Dashboards is about more than technology -- it’s about fundamentally improving how your team manages contracts.

Time Savings

What used to take days of manual review can now be done in minutes. And when risk scoring is automated, you can run it more frequently, turning contract review from a one-time event into a continuous safeguard.

Accuracy

AI eliminates the variability of human review, ensuring that risk scoring is applied consistently across your portfolio. This means your team is working from a single, trusted source of truth.

Actionable Prioritization

Dashboards don’t just show you where the risks are, they show you where to start. By surfacing high-impact risks first, and establishing trends, you can focus resources where they’ll make the biggest difference.

The Future of Contract Risk Management Is Proactive

The era of reactive contract review is over. With LinkSquares’ Risk Scoring Agent and Risk Scoring Dashboards, your team can see and address contract risk before it becomes a problem.

That means fewer surprises, stronger compliance, and more time spent driving business forward.

Ready to see your contract risk in a whole new light? 

Check out our video overview of the LinkSquares Risk Scoring Agent or an in-depth webinar on LinkSquares Agentic AI.

Want your own personalized demo of our AI for contract risk management? Contact LinkSquares today!