I use “legalistic” to mean like a lawyer, but bad. The legalistic mind exhibits various traits. It’s cravenly risk-averse. And it’s addicted to hair-splitting. But now we’ll focus on another trait, the lack of semantic acuity. Behold this EDGAR artifact: It’s unexceptional. The phrase reasonable steps is an alternative to reasonable efforts. The worst you can say about it is … Read More

The post “Best Steps”: An Example of the Legalistic Mind at Work appeared first on Adams on Contract Drafting.