Koncision has just launched its first product, a confidentiality-agreement template for the U.S. market.
I invite you to take a look around Koncision’s website, as much new material has been added for the launch—too much for me to begin to summarize it in this post. For example, check out the “Frequently Asked Questions,” or the video demo.
Koncision can’t claim to offer perfection. Any questionnaire you complete as part of the template service is unlikely to reflect all possible deal permutations, and it won’t reflect the law of all jurisdictions. And Koncision is so novel that I’m sure we’ll be incorporating improvements over time.
But the true measure of Koncision is how it compares to the alternatives. I suggest that Koncision represents a quantum leap in vendor-content document assembly, in that it offers the efficiencies of ContractExpress, MSCD-compliant language, and substance based on extensive research and consultation with experienced practitioners. I’m not aware of anything remotely like it out there.
My goal has long been to see whether I could help turn contract drafting into a commodity task. Indeed, what prompted me to write about contract language in the first place was my conviction that automation would require a set of rigorous guidelines for contract language. So launch of Koncision’s first product represents the culmination of a long process that I described in this February 2009 post on AdamsDrafting, and the beginning of a new phase.
So I hope you’ll stick around. Things are getting interesting.