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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.