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Condor vs. human on a bicycle

Intercompany Agreements

10 February 2020

I don’t know whether you’ve come across this Steve Jobs quote. I really like it:

“I read a study that measured the efficiency of locomotion for various species on the planet. The condor used the least energy to move a kilometer. And, humans came in with a rather unimpressive showing, about a third of the way down the list. It was not too proud a showing for the crown of creation. So, that didn’t look so good. But, then somebody at Scientific American had the insight to test the efficiency of locomotion for a man on a bicycle. And, a man on a bicycle, a human on a bicycle, blew the condor away, completely off the top of the charts. And that’s what a computer is to me. What a computer is to me is it’s the most remarkable tool that we’ve ever come up with, and it’s the equivalent of a bicycle for our minds.”

The document automation platform we’ve created as part of our ‘fast track’ intercompany agreements service is like a bicycle for the legal implementation of your TP. It takes away 95% of the effort of creating an effective first draft of an intercompany agreement. And it almost completely eliminates the risk that your agreements will contradict your TP policies, which is so often the case. Our platform doesn’t replace the work of TP professionals - instead, it uses the information which they already have to hand.

You can find out more about our document automation platform here. And if you’re a TP adviser, please feel free to reply to this email and ask for a free trial.

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Article by
Paul Sutton
LCN Legal Co-Founder

Free Guide: Effective Intercompany Agreements for TP Compliance