Lunchtime contracting tip
I want to share a tip that reduced the time it takes for me to review a contract.
If you’re like me, you have a bank of standard text that you use over and over again when reviewing your contracts. This is especially true if you’re in-house or you have clients in similar industries that deal with the same issues.
TextExpander is a great app that lets you map shortcuts to text. It’s versatile that you can use it on any application on your computer, basically anywhere you can type text. But you do have to pay for it and install it on your computer.
If you can’t use TextExpander, Word itself has a nifty solution called “Quick Parts”, found on the “Insert” tab. An easy way to create a shortcut is to select the text you want to insert and press Alt-F3. You can give this text an easy to remember label. When you want to insert the text, just start typing the label name and a pop-up will appear allowing you to insert your text.
I use this feature a lot – to insert company names, addresses, standard definitions, standard text in a provision, even whole sections and schedules. It’s been a game changer for me. Not only is it quick, but it keeps me focused on the document I am reviewing