KIIAC Launches New Web Site: Contract Standards

Contract Standards seeks to collect and share global contract standards, document automation tools, and provide a framework for collaborative development

Minneapolis, MN, February 16, 2011 --(PR.com)-- KIIAC LLC (KIIAC), a leader in technical products and services for the legal market, announces the launch of ContractStandards.com, a groundbreaking website designed to collect and share global contract standards, provide document automation tools, and create a framework for collaborative development.

Through ContractStandards.com, drafting standards will be openly shared, including transaction analysis, checklists, and clause libraries, in an effort to establish global contract norms. Users will have the ability to share knowledge through comments, as well as practice guidance and participate in a wide range of other contributions.

The site will feature a “clause-of-the-day” showing the standard clause language determined by statistical analysis of documents filed on EDGAR, together with a range of clause variations.

Visit www.ContractStandards.com today to provide your contributions.

About KIIAC, LLC

KIIAC LLC is the leading technology innovator in the field of transactional practice. The company focuses on Knowledge Information Innovation and Consulting.

Their patented contract analysis engine studies any group of contracts and automatically determines what clauses they contain, how those clauses are organized, and the range of standard and non-standard language used in each clause. The engine is used to create and maintain document templates and clause libraries--model legal documents containing standard and alternative provisions for use by lawyers in initial drafting and during subsequent reviews. These standards can be used to benchmark a document to determine how it compares to a selected standard, which clauses diverge, and which clauses may be missing.

KIIAC’s innovative solutions help law firms and corporate legal departments maintain and improve document quality while at the same time meeting client expectations of efficiency.

For more information, visit www.kiiac.com.

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KIIAC LLC
Kingsley Martin
312-720-9611
www.kiiac.com
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