Definition: TBA
Frameworks for LSM:
Ergo
Add executable logic to your contracts using a programming language specifically engineered for legal agreements
Ergo enables business logic expressed over the variables from your contract and responds to real-world requests occurring throughout the contract’s lifetime .
https://www.accordproject.org/projects/ergo/
Cicero
Create reusable machine readable natural-language contracts and clauses using the Cicero templating system.
Cicero provides a universal format to structure clauses, sections, or whole contracts as machine readable objects that are capable of being searched, analyzed, and executed.
https://www.accordproject.org/projects/cicero/
Clause
Contracts sit at the heart of all organizations. When managed correctly they can be your business’s biggest asset, but that management is often time-consuming and resource-intensive. Clause takes that pain away by changing contracts from static documents to a dynamic, integrated, part of your business. Using Clause, you can connect contracts to your existing tools so that you can automate business processes and contract management — all from one powerful platform.