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Exari

Exari (formerly SpeedLegal) is an enterprise software company which has played a significant role in efforts to automate and standardize contracts and legal documents. Founded in 1999 by a team of lawyers and engineers, the company was participant in the LegalXML eContracts and OpenDocument standardization processes. [1] Industry and academic collaborations in which Exari participates include the IACCM (contract management), [2] ISDA (derivatives documentation), [3] Lloyd’s (insurance forms) [4] and legal innovation initiatives at Stanford [5] and Vermont [6] law schools.

From a technical perspective, Exari pioneered interactive document assembly using a patented XML design that ensures the validity of both the template and the assembled output documents, for arbitrary XML document types.[7] In simple terms, the company's technology puts a user-friendly, browser-based, front-end onto the task of creating any type of standards-compliant document, for example, a contract marked up with semantic tags to denote legal and risk issues. Exari is also the founder of the Xerlin open source XML editor [8] (based on the earlier Merlot XML project).

Exari is used to power transformative documentation processes in a variety of industries, particularly legal, insurance, financial services and government.[9][10] [11]

The company raised venture capital from Beacon Equity Partners in 2008, [12] and now has offices in Boston, London, Melbourne, Munich and Wellington.

References

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  1. ^ http://ijlit.oxfordjournals.org/cgi/content/abstract/11/3/274 Darryl Mountain, XML E-Contracts: Documents that Describe Themselves, International Journal of Law and Information Technology 2003 11(3), pp 274-285
  2. ^ http://www.iaccm.com/
  3. ^ http://www.isda.org/
  4. ^ http://www.lloyds.com/the-market/tools-and-resources/electronic-distribution
  5. ^ http://www.law.stanford.edu/event/2013/04/26/codex-futurelaw-2013
  6. ^ http://www.vermontlaw.edu/News_and_Events/News/VLS_Launches_Center_for_Legal_Innovation.htm
  7. ^ http://patentscope.wipo.int/search/en/WO2003075191
  8. ^ http://www.xerlin.org
  9. ^ http://www.kmworld.com/Articles/Editorial/Features/Insurers-improve-productivity-with-KM-56212.aspx
  10. ^ http://www.informationweek.com/hdi-gerling-uk-picks-exari-for-document/228400202
  11. ^ http://web.araggroup.com/bid/119169/ARAG-Selects-Exari-to-Power-DIY-Docs-for-Legal-Plan-Members
  12. ^ http://www.reuters.com/article/2008/04/21/idUS158028+21-Apr-2008+BW20080421
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