Defined terms are the backbone of any legal document, providing clarity and consistency throughout the agreement. However, they can get lost inside of paragraphs, in their own sections, even in exhibits. DraftCheck offers a comprehensive defined terms feature that streamlines the process of managing these critical components. It identifies the location of each defined term’s…
Tip #6: Review the Overall Structure When we’re drafting agreements, sometimes in our edits and modifications, things become disorganized. Payment terms are with deliverables. Insurance requirements are all over the place. We’re breaking into 5 exhibits when it would be more logical to do it in 3. There are a lot of things that we…
Tip #3: Correct Miscapitalized Defined Terms Often when we define a term, it isn’t uncommon for it to be a relatively common term. How many times have we defined the word “Agreement” or “Party”? However, sometimes those common terms are meant to be just that, the common usage. Miscapitalized defined terms can slip through the…
Tip #2: Clean Up Unused Defined Terms As lawyers, we use defined terms to refer to an idea, an object, a party, or something that has been uses to many words to continue to write out the whole phrase at a later time. In short, it’s a lawyer’s short hand. If you were a programmer,…
Tip #1: Only Define Terms Once Defining terms multiple times in a document can lead to confusion and significant problems in legal documents. Which definition applies in which instance? Inconsistent definitions may result in disputes over interpretation, putting your agreements at risk. One common error is with an MSA and SOW, and maybe you have…
In this post, I’m going to show you how to install the Google Chrome extension of Draftcheck. Hopefully this makes your starting point a little easier. Like all good things, start at our home page here http://www.draftcheck.com. Right towards the top left of the page is a very simple “Install Now” button. That will take you…