Imagine a world where all contracts are ultra-standardised.
- Data capture becomes incredibly easy; each document is the same.
- Operational overhead from contracts is drastically reduced; you can treat all contracts the same.
- Deals get done faster and cheaper; no expensive negotiations.
- The important deals won’t get done; they almost always require flexibility around the specifics of the situation.
- Lawyers won’t get paid as much; we can’t let that happen!