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Question for Transactional Solos: What Kind of Contracts Do You Frequently Draft?

by Carolyn Elefant on January 19, 2012 · 2 comments

in Announcements, Law Practice Management

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A few months ago, I reviewed a product released by Ken Adams and Koncision; a form confidentiality agreement that lawyers can use for drafting. Though you’ve probably seen dozens of NDA’s and confidentiality agreements online, Ken’s product is far more high end and detailed, which means that you can rely on it to make a better impression for clients.

Now, Ken is on the look out for another product to develop, potentially with solos and small firms in mind. Options on the table so far include a forms for a Delaware LLC, as well as a suite of “micro-market” M&A documents. But what suggestions do you have? Are there types of documents that solo transactional lawyers encounter routinely, where it would be helpful to have a product that automates the process without a reduction in quality? And what products do those of you who are transactional lawyers use currently to assist with drafting, due diligence and other tasks relevant to a transactional or corporate practice. Please post the comments below. It’s nice to have an opportunity to play a role in creation of a quality product that doesn’t just focus on marketing.

  • http://www.ridacto.com/ Max Mednik

    Really good question, and I’m curious to hear what people say. I totally believe in what Koncision’s trying to achieve, and I think that technology can play a big role in creating better, shorter, more understandable contracts.

    I’m currently working on a project called Ridacto (http://www.ridacto.com) that uses artificial intelligence technology to help people check and review their legal contracts for key business terms and errors, and I’m a big fan of Ken’s book and work. Thanks for sharing your thoughts on your blog.

  • Anonymous

    Thanks for your comment. Redacto seems like a really neat idea – I had not heard about it, and now that I have, I hope to play around with it at some time.

    Carolyn

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