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LegalHub: theory: Difference between revisions
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[[Rent-seeking]] encourages us to squirrel away [[Verbiage|verbal mush]] on the grounds that it is “proprietary technology”. There is ''nothing'' — utterly nil — that is special, clever or even ''desirable'' about legal [[boilerplate]].<ref>I take a liberal view of [[boilerplate]] as “anything that doesn't make it into the termsheet”.</ref> | [[Rent-seeking]] encourages us to squirrel away [[Verbiage|verbal mush]] on the grounds that it is “proprietary technology”. There is ''nothing'' — utterly nil — that is special, clever or even ''desirable'' about legal [[boilerplate]].<ref>I take a liberal view of [[boilerplate]] as “anything that doesn't make it into the termsheet”.</ref> | ||
[[Boilerplate]] is the point where [[marginal utility]] touches zero. That ISDA schedule — yes, friends, the whole god-forsaken thing, even the customised {{isdaprov|ATE}}s? No-one ''cares''. No-one ''likes'' it. No-one ''wants'' it. It is a regrettable externality; a grim fact of life. [[Legal]] [[negotiation]] is the dreary formality one must go through ''to get to the heart of the deal''. It is not the sausages; it is [[Ask nicely|the mask you need to put on so you can go into the supermarket]] and ''get'' the sausages. | |||
===[[Extended phenotype]]s and the mercurial arrow of [[causation]]=== | ===[[Extended phenotype]]s and the mercurial arrow of [[causation]]=== | ||