Use of Code Names in Contract Drafting

I’m currently working on Koncision’s terms of use. One point I’m making is that although the document-assembly engine will be protected by robust security measures, Koncision can’t guarantee absolute confidentiality of the information you provide when you complete a questionnaire. So if confidentiality is essential, you should use codes for party names, product names, or any other sensitive information.

Now that I’m thinking about this subject, I’d be interested to hear when and how you, dear reader, use codes for purposes of contract drafting. To get you in the mood, click here to go to a recent Reuters article on the subject. And of course, Blue Horseshoe loves Anacott Steel.

About the author

Ken Adams is the leading authority on how to say clearly whatever you want to say in a contract. He’s author of A Manual of Style for Contract Drafting, and he offers online and in-person training around the world. He’s also chief content officer of LegalSifter, Inc., a company that combines artificial intelligence and expertise to assist with review of contracts.