Given the advantages offered by Koncision, here’s who should use our confidentiality-agreement template:
Any law firm that periodically drafts confidentiality agreements for different kinds of deals
Drafting confidentiality agreements using Koncision is quicker than drafting by copying and pasting from precedent contracts. And that has two benefits. First, if a law firm can’t rely on recovering all hours worked (due, for example, to fee caps or alternative fee arrangements), automating your drafting allows you to reduce costs. And second, automated drafting frees up time that can be billed on other matters. Either way, the result is increased profitability.
Given the cost of associate time, a one-year, single-user subscription to Koncision would likely pay for itself if the user were to use our confidentiality-agreement template just once or twice a month. With our volume discounts, a multi-user subscription would offer even greater value. Of course, during our free one-year trial subscription, you don’t pay anything!
Furthermore, it’s a safe bet that if they use Koncision, your associates would be able to draft confidentiality agreements that are clearer, and that better address the needs of the client, than anything they could draft using traditional methods.
Greater efficiency and higher quality—it’s a no-lose proposition.
Any company law department that periodically drafts confidentiality agreements for different kinds of deals or that periodically needs to draft customized versions of one kind of confidentiality agreement
The same calculus applies to company law departments. If automating a confidentiality agreement saves companies $75 (as estimated by Cisco Systems), a law department with a one-year, single-user subscription would more than recoup the fee even if it were to use our confidentiality-agreement template just twice a month. And the first year is free.
And if you routinely enter the same kind of confidentiality agreement but need to change the terms even slightly, you could make the Koncision contract-creation process even faster by relaunching a completed Koncision questionnaire and making the necessary adjustments. For more information, go here.
Any organization that wants to reduce the time and money spent on developing template contracts
Subscribing to Koncision would also save you the drain on resources that developing your own template can represent. That process pulls your lawyers from their usual responsibilities; it requires of them a specialized expertise that they aren’t necessarily equipped with; it asks them to reinvent the wheel; and it can result in drafting by committee, with its mushy compromises, turf battles, and endless meetings.
If you draft confidentiality agreements often enough and with enough customization, subscribing to Koncision for a year might be the best way to avoid template-creation costs. But if you prefer to create confidentiality agreements using your own Word template, you could instead choose the subscription option geared exactly to that need. Unlike the other subscription options, it includes a perpetual license to use the language of your Koncision output document for purposes of creating or revising your own confidentiality-agreement template.
If you require customization beyond that afforded by our template, you should consider using our “Koncision Customized” service to create your own customized contract-creation environment on ContractExpress.com or on their servers. For more information, go here.
Any individual or organization who needs a clear and comprehensive confidentiality agreement.
Koncision was designed primarily for those who have ongoing contract-creation needs. But who needs a confidentiality agreement for a single transaction could take advantage of our free one-year trial subscription to create a confidentiality agreement that is very likely clearer and more comprehensive than any contract that they might create, or have created for them, by more traditional means.
