Excerpt by Global Legal Hackathon:
it’s a fact that most people don’t read the contracts they’re presented with before clicking “I agree.” How then can we ensure these contracts are fair if we don’t know what’s in them?
Global Legal Hackathon finalists in Denver came up with a solution. It’s called LexLucid, and it’s a browser extension that grades consumer agreements based on reviews from attorneys. With just one click, users can see how a given company’s contract stacks up without leaving the company webpage.
“Providing transparency helps consumers make educated decisions about the products and services they use, while motivating businesses to make fairer and simpler contracts,” the team explains in their mission statement.
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