Extract data from settlement agreements

When a lawsuit or a dispute is resolved without a trial, the parties sign a settlement agreement, the contract that ends the matter and releases the claims. It names the plaintiff and the defendant and their counsel, cites the case number and the court, and sets the consideration, the release, and the terms that keep the deal quiet and final. Read against the CUAD clause taxonomy, a settlement carries a recognizable set of clauses: the settlement amount, a mutual release, a non-admission of liability, a confidentiality clause, a covenant not to sue, and often a waiver of jury trial for any future dispute over the agreement itself. Consideration and release are the substance, and the payment has to add up. Under a settlement dated 2026-07-06 between plaintiff Ridgeline Logistics Inc. and defendant Brightwater Freight Systems LLC in case 1:25-cv-04471 before the United States District Court for the Northern District of Illinois, the defendant agrees to pay $850,000 to resolve a breach-of-contract dispute. That payment runs in three installments: $400,000 on 2026-08-01, $250,000 on 2026-11-01, and $200,000 on 2027-02-01, which foot to the $850,000 total. Release is mutual, the defendant makes no admission of liability, the terms are confidential, and both parties waive a jury trial on any dispute arising from the agreement. Talonic reads the settlement and returns the parties and their representatives, the case number and court, the settlement amount, and each clause, mutual release, confidentiality, non-admission, and covenant not to sue, as fields, and keeps the payment schedule, the conditions precedent, and the signatories as tables. An agreement signed 2026-07-06 by the plaintiff and 2026-07-07 by the defendant, governed by the law of the State of Illinois and conditioned on a dismissal with prejudice, loads into a matter-management system so the amount and the release scope read as structured data. Captured terms read as written, and the extraction does not judge whether the release is valid or whether the agreement is enforceable.

What gets extracted from settlement agreements

How extraction works for settlement agreements

A signed settlement and release arrives from counsel as an executed PDF, a signing-platform certificate, or a scanned wet-ink original, and the recitals, the release, and the payment terms sit in numbered paragraphs that vary by drafter. Classification aligns the agreement to the contract schema in the Field Registry, whose clause set follows the CUAD taxonomy, so the settlement amount, the mutual release, the confidentiality clause, the non-admission of liability, and the covenant not to sue each resolve to their own field. Boolean clauses such as the mutual release and the jury-trial waiver return as true or false, while the dispute description, the enforcement mechanism, and the indemnification return as text. Installments fill a payment schedule table with each installment date, amount, and method, checked to foot to the settlement amount; the conditions-precedent table records each condition with the responsible party and its deadline; and the signatories table keeps each party, title, signature date, and role. Each value returns with a confidence score and a source-region pointer under DIN SPEC 91491, so a litigation team can verify an installment or the release scope against the signed agreement. Structured output reflects the terms as written, and the extraction does not judge whether the release bars a future claim or whether the agreement is enforceable.

Sample extraction

A litigation settlement and mutual release with an installment schedule

{
  "document_number": "SA-2026-0706",
  "document_date": "2026-07-06",
  "effective_date": "2026-07-07",
  "plaintiff_name": "Ridgeline Logistics Inc.",
  "plaintiff_representative": "Harmon and Reyes LLP",
  "defendant_name": "Brightwater Freight Systems LLC",
  "defendant_representative": "Calloway Legal Group",
  "case_number": "1:25-cv-04471",
  "court_jurisdiction": "United States District Court for the Northern District of Illinois",
  "settlement_amount": 850000,
  "currency": "USD",
  "mutual_release": true,
  "confidentiality_clause": true,
  "non_admission_liability": true,
  "dispute_description": "Breach of a multi-year freight services contract and disputed volume commitments",
  "governing_law": "State of Illinois",
  "covenant_not_to_sue": true,
  "waiver_of_jury_trial": true,
  "signature_date_plaintiff": "2026-07-06",
  "signature_date_defendant": "2026-07-07",
  "indemnification": "Each party indemnifies the other for third-party claims arising from its own conduct",
  "enforcement_mechanism": "A consent judgment may be entered on default of any installment",
  "payment_schedule": [
    {
      "payment_date": "2026-08-01",
      "payment_amount": 400000,
      "currency": "USD",
      "payment_method": "Wire transfer"
    },
    {
      "payment_date": "2026-11-01",
      "payment_amount": 250000,
      "currency": "USD",
      "payment_method": "Wire transfer"
    },
    {
      "payment_date": "2027-02-01",
      "payment_amount": 200000,
      "currency": "USD",
      "payment_method": "Wire transfer"
    }
  ],
  "conditions_precedent": [
    {
      "condition_id": "CP-1",
      "condition_description": "Stipulation of dismissal with prejudice filed",
      "responsible_party": "Plaintiff",
      "satisfaction_date": "2026-07-13"
    },
    {
      "condition_id": "CP-2",
      "condition_description": "Executed mutual release delivered",
      "responsible_party": "Both parties",
      "satisfaction_date": "2026-07-13"
    }
  ],
  "signatories": [
    {
      "party_name": "Ridgeline Logistics Inc.",
      "signatory_title": "General Counsel",
      "signature_date": "2026-07-06",
      "party_role": "plaintiff"
    },
    {
      "party_name": "Brightwater Freight Systems LLC",
      "signatory_title": "Chief Executive Officer",
      "signature_date": "2026-07-07",
      "party_role": "defendant"
    }
  ]
}

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