Promoting Business Success Through Contract Visualization
Journal of Law, Business & Ethics, Vol. 17, 2011
20 Pages Posted: 21 Jan 2011
Date Written: January 20, 2011
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