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Understanding expired contracts

Managing contracts that have reached their end date.

Alina avatar
Written by Alina
Updated this week

In this article:


Overview

Expired contracts are legally binding agreements that have reached their predetermined end date and are no longer in effect.

LawVu considers a contract as expired when the Expiration date field, located at the top right of the contract, reaches the specified date.


The expiry date

The 'Expiry date' field can be included in the Create and Completion form of selected contract types, allowing users to specify when the contract will no longer be in effect during the contract creation process and/or when executing a contract.

It's important to note that the field is not available in the Contract Details tab.

To adjust the Expiry date of a contract, click on the Expiration icon on the right side of the Overview tab above the ellipsis button and enter the appropriate date.

You can also delete an expiration date:

Please note that you cannot change the expiry date on a contract that has Expired while in the Executed state. If you attempt, you will be prompted to renew the contract.


Renew contracts

Read this article to learn how to renew expired contracts.


Contract expiration notifications

We’ve made it easier for you to stay on top of your contract deadlines.

You can now set customizable reminders for 30, 60, 90, or even 180 days before a contract’s expiration date. Previously, only a 30-day reminder was available. These reminders can be tailored to your needs—either by setting them on individual contract records or at the contract type level.

If you don’t make any changes, the default 30-day reminder will still apply to ensure you’re always notified in time

How to set your notification preferences

For Individual Contracts: Simply click the calendar icon next to the Expiration field and choose your preferred reminder options.

For Contract Types: Administrators can adjust reminders at the contract type level by navigating to: Settings > Contract Management > Contract Types > Settings Tab of the specific contract type. From there, go to Contract Expiration Reminders and click Edit Reminders.

Need help visualizing the steps? Watch this quick animation to see how it works!

An email notification is sent to all contract members when the selected reminder period is reached—whether it’s 30, 60, 90, or 180 days prior to the contract’s expiration date.

On the day the contract expires, all contract members will receive another notification.

Notifications are only sent if the contract is in the Executed stage before it expires and only if notifications are enabled in your profile.

To manage these notifications, navigate to My Profile > Notifications. From there, you can toggle the switches to enable or disable notifications for both the app and email.

Who receives reminders?

All members associated with the contract will be notified.

Do reminders apply to existing contracts?

  • New Contracts: These will inherit the default reminders set at the contract type level.

  • Existing Contracts: Changes made at the contract type level will not affect existing contracts. However, members and contract administrators can manually set reminders for any individual contracts, whether they were created before or after these enhancements.

These updates ensure you’ll never miss an important contract milestone, giving you peace of mind and greater control over your deadlines.


View all expired contracts from the grid

Identifying and tracking expired contracts allows you to keep accurate records of your contractual commitments and obligations.

To easily surface all expired contracts in your repository, you can add the Stage attribute to your All contracts/My contracts grid and filter by Expired.

Here is a visual animation to guide you through the process.

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