Put an EagleEye on Contract Review
Microsystems' agreement checker automatically finds errors and inconsistencies using a real-time editor.
May 21, 2015 at 10:23 AM
7 minute read
Lawyers use their writing skills to craft complex agreements and documents that champion client objectives in and out of court. Lawyers often start a complex document with a previously used form or a boilerplate form and marshal standard clauses to timely complete the transaction. Although forms and standard clauses facilitate a transaction, the document may not fit the current fact pattern, lack clarity or use improper or even conflicting definitions. A second, fresh pair of eyes, preferably an eagle eye, on any draft document is a prerequisite to its final form.
Microsystems, a developer of software designed to improve document content quality and formatting, makes EagleEye software that checks agreements for conflicting and inconsistent definitions, vague meaning and editing mistakes. EagleEye is developed on Open XML and works on document formats (docx, doc, rtf, etc.++) in Microsoft Corp.'s Word 2007, 2010 and 2013.
The Illinois-based company first released EagleEye in August 2012 and updated it in August 2014 to version 3. Designed for the transactional lawyer, EagleEye automates the review of terms, phrases, references and punctuation in legal agreements to reduce the risks of an inaccurate or vague agreement that lack judicial enforcement.
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