Concepts
The Market Practice corpus
A curated, read-only set of common market positions that fills the gaps when your own playbook is silent.
What it is
The Market Practice corpus is clmSpace’s house-curated set of standards positions and clause drafts reflecting common commercial practice in UK, EU and US tech, services, and SaaS agreements. Entries surface as Market Practice(Tier 3) and are visible in the Standards page with a sky-blue treatment.
Coverage
The corpus targets the combinations a mid-market and enterprise legal team encounters most often: agreement_type × obligation_type × party_role × jurisdiction. Examples present today:
- Liability under an MSA you sell vs an MSA you buy.
- Data-protection carve-outs in a DPA.
- SaaS Order Form caps with floors for low-fee, high-stakes deployments.
- Jurisdiction-specific framings (e.g. NY UCC § 2-719, Cal. Civ. Code § 1668).
How it interacts with your playbook
- Read-only. Tenants cannot edit the corpus.
- Toggle. An admin can switch the corpus off per-tenant; see Market practice toggle.
- Verify-to-adopt. Verifying a market entry promotes it to a Tier 1 user position verified from market, where it gains User authority and becomes editable.
Not legal advice
The corpus reflects common drafting as observed by clmSpace. It is intended for review by counsel before being treated as your tenant’s house view. The verify-to-adopt step is deliberately explicit, so a market position is always confirmed by a person before it applies to your contracts.