How do I create custom contracts?
Start with a base template, then customize: parties, scope, payment terms, deliverables, IP, termination, and governing law. Use AI contract tools like iContract that generate fully customized contracts based on your industry, state, and project specifics — no template editing required.
Custom contracts beat generic templates because they fit your exact deal. Three ways to create them:
- What type of contract?
- Who are the parties?
- What's the scope?
- Payment terms?
- Timeline?
- Jurisdiction?
- Special clauses?
The AI assembles a contract using industry-standard language, state-specific requirements, and your specifics. 2 minutes start to PDF.
Method 2: Template + customization 1. Start with a relevant template (NDA, service agreement, etc.). 2. Replace [BLANK] fields with your details. 3. Modify clauses as needed. 4. Add custom clauses for unique aspects. 5. Have a lawyer review for high-value deals.
Method 3: Full lawyer-drafted custom 1. Brief lawyer on the deal. 2. Lawyer drafts (1-2 weeks, $1,500-3,000). 3. Negotiate revisions. 4. Final version signed.
- Parties: full legal names, addresses, entity type.
- Scope: itemized deliverables, exclusions, assumptions.
- Compensation: structure, amounts, schedule, late fees.
- Term: start, end, renewal terms.
- IP: ownership, license, restrictions.
- Confidentiality: scope, duration.
- Termination: notice period, kill fees, post-termination obligations.
- Liability: caps, exclusions, indemnification.
- Disputes: governing law, venue, mediation/arbitration.
- Industry-specific: SLAs (IT), HIPAA (health), data security.
- Force majeure.
- Most favored nation.
- Right of first refusal.
- Audit rights.
- Insurance requirements.
- Performance metrics / SLAs.
- Change order process.
- Specific exclusions.
- Deals over $50K-100K value.
- IP licensing or assignment.
- M&A.
- International contracts.
- Regulated industries.
- Anything novel or precedent-setting.
For everything else, iContract's AI generation produces custom contracts faster and cheaper than templates.
Create your own contract in 2 minutes
iContract drafts a custom, legally sound agreement for free. Start drafting →