What is a Template?
A template is a document that sets out formal rules and guidelines which should be followed when entering into a legal agreement. It effectively serves as a starting point so that the parties involved don’t have to start from scratch every time they enter into a new contract. Templates can range in complexity, depending on the nature of the agreement. Generally, they contain important provisions such as required legal notices, disclaimers, and summary of all the terms and conditions.
Benefits of a Template
Using a template provides a number of benefits. First and foremost, it makes the process of creating a legal agreement easier and simpler. The document can provide a legal framework so all parties involved can easily understand their obligations and the risk associated with the agreement. Secondly, it helps to save time and money, as you can use the same template for a variety of contracts, instead of creating a new one for each agreement. Lastly, it ensures that all of the necessary terms, conditions and provisions are included in the agreement.
Aline smart templates
Aline smart templates expand on the classic legal template and let users create dynamic clauses, use roles for flexibility, and combine templates into workflows to automate legal contract processes.