\u201cThere\u2019s nothing that\u2019s intimidating or even complicated about a legal contract,\u201d says Redniss. \u201cBut the language that we use can make it seem that way. A good contract should reflect what was actually agreed, just like a check at the end of a meal that should accurately list what you ate.\u201d<\/p>\n\n\n\n
Redniss has set up a special login for WeWork members wanting to try out Level. Simply open the platform and sign in with the username \u201cwe\u201d and the password \u201cwork.\u201d<\/p>\n\n\n\n
He demonstrates his point with a non-disclosure agreement, a document that many people and companies use to protect their intellectual property when hiring a new staffer, working with an outside contractor, or talking to a potential partner. They are often many pages long and written in language that\u2019s difficult to decipher.<\/p>\n\n\n\n
\u201cThe real problem,\u201d Redniss says, \u201cis not even that the documents are long and complex. It\u2019s that people spend so much time trying to decipher someone else\u2019s arbitrary documents that they may never discuss what\u2019s most relevant to them. Written agreements come after terms are agreed, not before. Level lets anyone do this.\u201d<\/p>\n\n\n\n
Level\u2019s non-disclosure agreement couldn\u2019t be simpler. None of the sections is longer than a sentence or two. And all the negotiable terms of the agreement can easily fit on a single page, calling out up front the specific confidential materials that need to be shared.<\/p>\n\n\n\nWhat if you want to make some changes? You can propose them with Level. The other side can easily see your changes and decide whether or not to accept them with handy thumbs-up or thumbs-down symbols.<\/p>\n\n\n\n
\u201cWhat I\u2019m doing is making sure this is a collaborative process,\u201d says Redniss. \u201cWe\u2019re making sure everything is transparent.\u201d<\/p>\n\n\n\n
After negotiating thousands of contracts over the past 14 years, Redniss says he realized that even the most experienced executives don\u2019t understand the deals they are making. That\u2019s because they skip the discussion about the key points.<\/p>\n\n\n\n
\u201cA business relationship is like any kind of relationship,\u201d says Redness. \u201cTo really have a meetings of the minds, you need to be able to talk about what\u2019s important.\u201d<\/p>\n\n\n\nRedniss says the name of the software comes from his desire to \u201clevel the playing field\u201d for everyone involved.<\/p>\n\n\n\n
\u201cI learned kind of the hard way,\u201d Redniss says. \u201cI was involved in some of the highest profile cases in the country. I was on my own, battling with organizations with unlimited resources. I saw the unfairness of how unlimited money and resources substitute for fairness. Fairness should be non-negotiable.\u201d<\/p>\n\n\n\n
Redniss, who became a member of WeWork earlier this year, says that he\u2019s been gratified by the feedback he\u2019s gotten so far about the software.<\/p>\n\n\n\n
\u201cWe\u2019ve had a really great response,\u201d he says. \u201cPeople we\u2019ve talked to love the simplicity of it, and the fact that it\u2019s available 24\/7 and on your phone. And another thing they also love is that they don\u2019t have to wait for a lawyer.\u201d<\/p>\n\n\n\n
Photos: Katelyn Perry<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"If you\u2019ve ever been asked to sign a contract filled with page after page of the most incomprehensible legalese, then you\u2019ll appreciate the work of Seth Redniss. The attorney, a member at WeWork Soho, is the creator of Level. Instead of starting from complex long-form documents, Level\u2019s software makes sure that people considering working together […]<\/p>\n","protected":false},"author":895,"featured_media":34850,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"template-single-archived.blade.php","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[43903,43911],"tags":[],"class_list":["post-23251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-community-stories","category-member-spotlight"],"acf":[],"yoast_head":"\n
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