Thought Model Update - Commercial Agreements

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Release Notes

Purpose/Goal:

In partnership with our new colleagues at Thomson Reuters, we have taken on an exercise to make our baseline Commercial Agreements Model more broadly applicable to the common provisions within a wide variety of commercial contracts. 

Changes:

  • Removed overly-specific fields within provisions.
  • Reorganized provisions and fields to more accurately reflect the common organization of a commercial contract.
  • Added new Provisions and/or fields after consultation with practice experts.
  • Attached spreadsheet details the changes made to the model.
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