Promoting Business Success Through Contract Visualization

Berger-Walliser, Gerlinde; Bird, Robert C.; Haapio, Helena

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Promoting Business Success Through Contract Visualization

Journal of Law, Business & Ethics, Vol. 17, 2011

20 Pages Posted: 21 Jan 2011

See all articles by Gerlinde Berger-Walliser

Gerlinde Berger-Walliser

University of Connecticut - School of Business; University of Connecticut - School of Law

Robert C. Bird

University of Connecticut - School of Business; University of Connecticut School of Law

Helena Haapio

Lexpert Ltd; University of Vaasa, School of Accounting and Finance, Business Law; Tampere University - Faculty of Information Technology and Communication Sciences

Date Written: January 20, 2011

Abstract

Contracts are an important construct for the formation and performance of agreements. Yet, many business people view contract review as a time-consuming nuisance or an administrative burden. Furthermore, contracts contain concepts and language that non-lawyers often find overly complicated, obscure, and unappealing. We explore whether contract visualization, the description of their scope and terms of an agreement through visual means rather than the written word, can have a beneficial impact on the contracting process and the value capacity of organizations.

Keywords: Contract, Agreement, Visualization, Proactive Law

JEL Classification: K12

Suggested Citation: Suggested Citation

Berger-Walliser, Gerlinde and Bird, Robert C. and Haapio, Helena, Promoting Business Success Through Contract Visualization (January 20, 2011). Journal of Law, Business & Ethics, Vol. 17, 2011, Available at SSRN: https://ssrn.com/abstract=1744096