Is this the end of ‘Legal-ese’?

ThoughtRiver, has launched ‘Lexible’, a new legal language that aims to save millions of working hours every year for global businesses by standardising the interpretation and review of contracts. The lack of standardisation across commercial and consumer contracts can often add to the time that lawyers spend revising contracts. Should law firms be worried?

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This article is for reference purposes only. It does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking or deciding not to take any action.