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Research Handbook on Contract Design

Edited by: Marcelo Corrales Compagnucci, Helena Haapio, Mark Fenwick

ISBN13: 9781839102271
Published: May 2022
Publisher: Edward Elgar Publishing Limited
Country of Publication: UK
Format: Hardback
Price: £208.00



Despatched in 5 to 7 days.

This Research Handbook inspires a new vision of contracts, with practical illustrations of how they should be designed, rather than just drafted. The contributors offer a proactive approach, merged with innovative design, to show how contracts can be both user-friendly and legally functional.

This ground-breaking work goes beyond the initial drafting and formation of contracts to cover implementation and integration with business infrastructure – including digital processes. Drawing on a multi-disciplinary perspective, it highlights all aspects of the contract lifecycle, using both theoretical and practical scenarios. As well as improved design and communication, the Research Handbook takes a creative view of the role of emerging technologies, including AI, and how they can increase contract functionality and visualisation. The goals are simplification, clarity about rights and obligations, and the prevention of unnecessary legal problems.

Providing an up-to-date analysis of current trends in contract design thinking and practice, this Research Handbook will be an excellent resource for contract and legal professionals, scholars and practitioners. Entrepreneurs, procurement and sales managers, information designers and technologists will also find the forward-thinking, human-centred approach in this book illuminating and informative.

Subjects:
Contract Law, Commercial Law
Contents:
Preface xii
PART I. RETHINKING CONTRACTS: FROM DRAFTING TO DESIGN
1. The many layers and dimensions of contract design 2
Marcelo Corrales Compagnucci, Helena Haapio and Mark Fenwick
2. ‘Contracts are just words’ 19
Tim Cummins
3. Reframing contract design: integrating business, legal, design, and technology perspectives 33
Thomas D Barton, Helena Haapio, Stefania Passera and James G Hazard
4. Designing contracts for human readers 55
Robert Waller
5. Functional or dysfunctional? The language of business contracts in English: an update 75
Christopher Williams
6. Contract transformation: merging drafting and design to meet the needs of human readers 92
Stefania Passera, Emily Allbon and Helena Haapio
PART II. WHY CONTRACT DESIGN MATTERS: RETHINKING THE BUSINESS AND LEGAL PURPOSE AND FUNCTIONS OF CONTRACTS
7. Rethinking legal requirements: a case study of incomprehensible consumer contracts in the United States 114
Wendy E Wagner
8. Contractual processualization: designing proactive contractual processes to support legal, technical and commercial purposes 134
René Franz Henschel
9. The functional contracting framework: assessing the impacts of contract functions, framing and regulatory focus 158
Anna Hurmerinta-Haanpää
10. Genre blending and contract design 180
Tarja Salmi-Tolonen
11. Contract design beyond the hype: measuring the value 199
Marie Potel-Saville and Mathilde François Da Rocha
PART III. DESIGNING BETTER CONTRACTS FOR BUSINESS AND LEGAL PURPOSES
12. Contracts and the human factor – hidden fears and tears or mutual success? 221
Tuula Pere
13. Prevention and promotion approaches to contracting: implications for negotiator focus and contract frames on exchange performance and relationships in the digital age 239
Beverly Rich, Libby Weber and Christopher W Bauman
14. Contract simplification – a user-centered approach to contract structure design 258
Milva Finnegan
15. Simple contracting for every step of collaboration/innovation 275
Deepika Jeyakodi and Mirjam E Ros
16. Business contract design via Contract Management operationalized methodology 294
Suvi Hirvonen-Ere
PART IV. WHEN TEXT ALONE IS NOT ENOUGH: VISUAL CONTRACTS
17. Facilitative contracts with visuals and comics: access to justice and steps for the future 315
Su-Hsien Lee and Camilla Baasch Andersen
18. Employment agreements in comic book form – what a difference cartoons make … 329
Camilla Baasch Andersen and Robert de Rooy
19. Image analysis as a visualization tool – translating contracts into comics 347
Eliisa Pitkäsalo, Anne Ketola, Vaula Haavisto and Laura Kalliomaa-Puha
20. Interpreting images in contracts 365
Vesa Annola, Helena Haapio and Merja Koskela
PART V. WHAT DOES THE FUTURE HOLD? DESIGNING FOR HUMANS AND MACHINES
21. Simplification and automation: the chicken and egg of contract design? 383
Verity White
22. Engineering consent: using technology to create informed consumers 401
Eliza Mik
23. Digital technology, future lawyers and the computable contract designer of tomorrow 421
Marcelo Corrales Compagnucci, Mark Fenwick and Helena Haapio

Index 445