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Confidentiality agreement: Difference between revisions
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1. (''Forensic evolution'') The ostentatious courtship display of a fecund [[legal eagle]]. Identified as a kind of Darwinian [[textual selection]] because the length and gravity of the terms of a [[non-disclosure agreement]] varies in exact inverse proportion to its subject matter. The more fatuous the “confidential information”, the more stentorian in term and baroque in expression the NDA tends to be. Thus, a [[legal department]] whose plumage boasts an enormous multicolored [[NDA]] is broadcasting to the rest of the market, “look how fertile I am! I can insist on this transparently idiotic legal contract and people still sign it! It is absurd along every conceivable dimension, yet, here I still am, my business in rude health!” <br> | 1. (''Forensic evolution'') The ostentatious courtship display of a fecund [[legal eagle]]. Identified as a kind of Darwinian [[textual selection]] because the length and gravity of the terms of a [[non-disclosure agreement]] varies in exact inverse proportion to its subject matter. The more fatuous the “confidential information”, the more stentorian in term and baroque in expression the NDA tends to be. Thus, a [[legal department]] whose plumage boasts an enormous multicolored [[NDA]] is broadcasting to the rest of the market, “look how fertile I am! I can insist on this transparently idiotic legal contract and people still sign it! It is absurd along every conceivable dimension, yet, here I still am, my business in rude health!” <br> | ||
2. (''[[Reg tech]]'') Any class of legal contract sufficiently common, homogenous, predictable and dull that a machine-learning proof of concept will appear to work, in some superficial way, for a period of time at least as long as the [[general counsel]]’s attention span. (So named because the [[confidentiality agreement]] is the only such contract in wide use). Hence: “Hi I would like to pitch you my new [[software as a service]] offering, which can intelligently automate your entire legal operations platform. It runs on [[chatbot]]s and [[Natural language processing|natural language processing]] | 2. (''[[Reg tech]]'') Any class of legal contract sufficiently common, homogenous, predictable and dull that a machine-learning proof of concept will appear to work, in some superficial way, for a period of time at least as long as the [[general counsel]]’s attention span. (So named because the [[confidentiality agreement]] is the only such contract in wide use). Hence: “Hi I would like to pitch you my new [[software as a service]] offering, which can intelligently automate your entire legal operations platform. It runs on [[chatbot]]s and [[Natural language processing|natural language processing]] [[and/or]] a room full of captive economic migrants in Khazakstan. It rocks. I can give you a half-hour demo. So I can set up the POC, can you send me a few sample...” <br> | ||
“Let me guess | “Let me guess: a few sample [[confidentiality agreement]]s?” <br> | ||
“Oh right. I see. Hey look sorry, [[I have to hop]].” <br> | “Oh right. I see. Hey look sorry, [[I have to hop]].” <br> | ||