Do You Adjust Your Scoring Algorithm Based on Jurisdiction?
TermScout benchmarks contracts using market data and can segment results by factors such as jurisdiction, industry, and contract type.
TermScout’s contract analysis is based on market data, not jurisdiction-specific legal rules. However, Certify™ can segment benchmarks by key variables, including jurisdiction, to provide more relevant comparisons.
This allows teams to understand how terms perform within a specific market context, rather than relying on a single global benchmark.
TermScout compares contracts against real-world agreements and allows those comparisons to be segmented by factors such as:
- jurisdiction or geography
- industry
- contract type
This provides a more relevant view of how terms are structured within a specific market context.
Certify vs TrustMark
Certify™ enables flexible benchmarking, while TrustMark™ applies a standardized framework for certification.
Teams should use these insights alongside their own legal and compliance requirements when operating across different jurisdictions.