What is the eContracts Schema?
The eContracts schema is an XML schema to describe the generic structure of a wide range of contract documents. The eContracts Schema aims to facilitate the storage, maintenance and processing of natural language precedents for contract documents and contract terms that may be used to create contract documents. The eContracts Schema can be used by organizations who maintain precedent or template documents that will be used in automated document assembly, document construction and publishing systems to create contract documents. Thus, it is expected it will be used mainly in back-end, automated processing systems, rather than by lawyers and others involved in day to day contract preparation.
