Who would use the eContracts Schema?
• store precedent or template contract terms in a non proprietary format over long periods; • automate the production of contract documents for individual transactions from stored precedent documents or components; • generate draft contract documents in editable form by transforming eContracts markup into the current file format (XML or otherwise) used by current and future word processing tools; • generate contract documents in any desired output format such as print, PDF and HTML; • record the terms of contracts in a form that can be used to extract contract information by computer processing. The eContracts schema could be used by anyone who wants to create a contract document using XML. Likely users include: • Law firms, financial institutions and others can maintain large volumes of precedent documents in a structured form that can be maintained over a long period regardless of changes in proprietary word processing software. Precedents using the eContracts schema can be automatic
