Arthur C Swanson

US Patent:

20210035247, Feb 4, 2021

Filed:

Aug 3, 2020

Appl. No.:

16/983257

Inventors:

Arthur C. Swanson - Allen TX, US

International Classification:

G06Q 50/18
G06N 20/00
G06N 5/04
G06Q 10/10
H04L 29/06
G06F 3/0482

Abstract:

An internet-based method is provided for preparation, review and negotiation, of contracts in an efficient and focused manner. More particularly, the method employs a computer application operable on any type of computing device by two or more parties and focuses their attention on the most important and most negotiated contract clauses. Several options and capabilities are provided, including the ability of parties to select desired contract clauses from a database, and designate which clauses are vitally important, as well as generally important and universally applicable (boilerplate) clauses. The computer application can then be instructed to share and display subsets of the contract clauses selected by all parties, such as only the vitally important clauses, or only clauses having edited variable content, for initial focused negotiation and settlement, before turning to review and negotiation of less important or less critical clauses.