How do I create a contract?

Identify the parties, define the scope of work, set payment terms, add term/termination clauses, include IP and confidentiality terms, specify governing law, and add signature blocks. Use an AI contract generator like iContract to produce a complete first draft in 2 minutes.

Every enforceable contract needs four elements: offer, acceptance, consideration, and mutual intent. Beyond that, a strong contract includes:

1. Parties — full legal names and addresses of both sides. 2. Recitals/Background — context for the agreement. 3. Scope of Work — exactly what will be delivered. 4. Payment Terms — amount, schedule, late fees, deposits. 5. Term & Termination — start date, end date, exit clauses. 6. IP Ownership — who owns the work product. 7. Confidentiality — what info must be kept secret. 8. Indemnification — who's liable for what. 9. Dispute Resolution — mediation, arbitration, governing law. 10. Signatures — both parties + date.

Three ways to create a contract:

  • Template — fast but generic, may miss state-specific requirements.
  • AI generation (iContract) — customized to your industry, jurisdiction, and deal terms in 2 minutes.
  • Lawyer-drafted — gold standard for high-value deals ($1,500-3,000).

For most freelance, service, NDA, and consulting agreements, AI generation is sufficient and far better than free Google templates. For deals over $50K or anything regulated (healthcare, finance), have a lawyer review.

Start at icontract.pro/questionnaire — answer 10 questions and download your contract.

Create your own contract in 2 minutes

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