4 ms·
In the US, what you're suggesting is more or less how the majority contracts are written, but rather than using a separate form, specific parties, objects, etc.
by sithadmin 4y ago
In the US, what you're suggesting is more or less how the majority contracts are written, but rather than using a separate form, specific parties, objects, etc. are defined and indicated by a generic term used for the remainder of the text. Law firms and corporations generally maintain a library of templates for use.
- jasonhansel 4y agoIndeed. What I'm suggesting just amounts to taking that approach to its limits, by putting the "definitions" into a separate document and having the contract contain conditionals that depend on that document.
- PatentlyDC123 4y ago+1. Many times the real value an attorney brings is working with the client to tailor the template to their situation and needs. Most parties try to mainly use standard terms, e.g., shipping Incoterms, and language that has been litigated in case law (if in the US) so that the parties can better understand and estimate the likely outcome of any dispute. However, each situation is usually slightly different. Even if we ignored any unique aspects of each contract, each template would have to be tweaked to reflect the unique and changing case law (if in the US) of the jurisdiction governing the contract.