Process

Today I noticed this post on LinkedIn by Nir Golan, a legal-tech guy based in Israel. He opens his post by saying “It is time for simple legal docs.” I assume that by “docs,” he primarily means contracts. He also says this: Instead of spending millions of dollars developing tech to help us understand complicated legal docs, why not finally … Read More

You’re in charge of contract templates at a big company. When it comes to creating and maintaining a company’s contract templates, often one has to make do. But that doesn’t apply to your company. You’re too big for that excuse to work. Besides, your company is fond of proclaiming how it strives for “excellence.” But in terms of what they … Read More

I was in London last week. I rounded out a busy couple of days with a panel discussion hosted by UCL Faculty of Laws. It was entitled “Modern Contract Drafting: Improving Content, Upgrading Your Process, and Overcoming Inertia,” and it was held in the grand Gustave Tuck Lecture Theatre. For the recording, go here. You can find more information about the … Read More

Today I saw the following tweet: https://twitter.com/15lauren/status/921947032788414464 Here’s how I responded: You're doing it wrong :-) https://t.co/hKurJeRTmX — Ken Adams (@AdamsDrafting) October 22, 2017 The smiley in my tweet was to indicate that I was being facetious. Why was I being facetious? Because the process of drafting contracts, as it’s traditionally handled, would make anyone sad: You find, or are … Read More

In addition to the ACC annual meeting taking place in Washington, DC (I was on a panel), there’s the Legal Geek Conference happening in London. It came to my attention because of the following tweet: Yep…legal profession as the last vestige of the medieval guild system to survive. And #legaltech is here to change it #legalgeek pic.twitter.com/9NppMAzw6h — Joya (@joyavanhout) … Read More

I came across this article in the Contracting Excellence Journal, published by the International Association for Contract & Commercial Management (IACCM). It’s by Rob Waller, Helena Haapio, and Stefania Passera, and the title is Contracting Simplification: The Why and the How. I could hardly argue with the premise for the article. Traditional contract drafting doesn’t work? Check. Confusing contracts can lead … Read More

I’ve found that those in charge of contract templates at companies are experts at finding obstacles to changing their templates. I’ve heard all sorts of reasons why change is hard: “We don’t have time.” “The customers won’t like it.” “We’re all so used to the current templates.” “You don’t understand the business constraints.” And so on. Even when they opt … Read More

Who is best placed to make decisions about a company’s contracts? I don’t know; I guess it depends. How about the general counsel? After all, they should have the broadest perspective, and they should be able to think long-term: How much longer does each deal take because our contracts are wordy and confusing? What’s the risk of our exposing ourselves … Read More

Yesterday someone suggested to me that the main problem with contracts is that they’re too complicated. That’s consistent with the message of an article that appeared in Legaltech News this week, entitled Are Law Firms Too Sophisticated for Their Own Good? (here). It’s also consistent with a recommendation I’ve heard over the years: lawyers should take pity on those who … Read More