/Docs/S/About/Pitch/Support/Overview_v0.md
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Overview
Documents in CommonAccord's "Cmacc" format enable:
  1. Legal actors to get on the same page. Via model document projects and contributions from interested parties, it is possible to codify areas of law in the same iterative way that software is developed.
  2. Parties to negotiate from public models.
  3. Efficient management of the legal function. Creation of new documents is a matter of adding leafs on existing branches or twigs. This makes it easy to supervise, to prepare reports, to identify trends and anomalies.
  4. Efficient operation of marketplaces. An ideal market allows participants to transact by negotiating only deal points. "Objects" allow any transaction to serve as a precedent for others. By eliminating the cost of reproducing a precedent, patterns of use can sharpen and become quasi-standards.
  5. Decentralization of decision-making. Reducing the opacity of regulations, law, and IT reduces "transaction costs" (Coase) and the advantages of centralization.