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Contract Risk Statistics: India 2024

Key data and statistics on contract management, hidden risks, and legal disputes in the Indian business landscape.

73%

Hidden Liability Risks

73% of standard Vendor Agreements in India contain uncapped liability clauses that expose founders to severe financial risk.

4.5 Years

Average Dispute Duration

Commercial breach of contract disputes in Indian commercial courts take an average of 4.5 years to resolve, highlighting the need for preventative AI review.

<60 Seconds

AI Review Speed Vs Human

Legal AI tools like Contract Shield reduce first-pass NDA and contract review times from an average of 3 hours down to under 60 seconds.

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