Apparatus and automated method of contract drafting

摘要

At present, there does not seem to be an expedient and reliable automated way of constructing contracts as existing automated systems only allow the searching and cross-referencing of documents. They do not cater for the process of constructing a contract. Accordingly the invention provides an apparatus and automated method of drafting contracts in a structured model-based manner, re-using existing information. A drafting tool assigns appropriate values to descriptors as defined by a chosen formal contract model. A formatter downloads a layout model and tools from a modeller for creating a structured textual contract on the basis of a contract image stored in an image repository. Reference tags generated by an encoder are used for associating the descriptors of the formal contract to the descriptors of the structured textual contract. The encoder then assembles the required contract according to the descriptors using the drafting tool. <IMAGE>