Reflection by DEVEN P.
Original TED page w/ speaker bio, links, comments, etc:
Now days legal documents are thousands of pages long. They are unintelligible and filled with unnecessary regulations that make it almost impossible for the average person to understand. Its almost like it is only written for legislatures.
When President Obama touched on the subject, Alan Siegal decided to simplify all this legal jargon.
Siegel like many others had enough of all the long paperwork needed to do anything. So he locked himself in a room and and made a simplified document that had only the stuff that was actually needed. He then had it checked by two of the countries’ top consumer credit lawyers who said it was the real thing.
His new system for legal document is so good that the IRS recently adopted it. His new documents are much more simplified and clear to understand. Its amazing how he shortened document of over a couple of thousand pages to just a few. Not only that but it is incredibly easy to understand especially compared to the old ones. He also has redone credit card agreements to just a one page form. It’s strange to me that it has taken this long for simplified documents.
The only problem that I see is that simplifying provides more room for loop holes. Loop holes are probably the reason why it even got so long in the first place.