Our aim is to make legal language simple without introducing ambiguity or extra risk.
We think even the most technical legal agreements could look like term sheets using this drafting method. A spectrum of standardised positions also stops lawyers from constantly replicating work.
This is is an open source project by lawyers who are also developers - we'd love to hear from anyone who's got ideas for improvements or would like to contribute language for other areas.
We have patches drafted for the United States, UK and Australia. Happy to hear from people in other countries too! Creating this extra level of abstraction is also an opportunity to standardize documents across jurisdictions.
I am tracking instances of this genre at http://www.legalese.io/#priorart
We're using Github permalinks to cover the linking issue for now, but we're discussing more permanent options. Would be interested to hear what other ways people think would work.
There's also the option for users to download the repos and use the commit hash in the document proper for reference.
Home page of LawPatch: http://lawpatch.org/