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Legal Terms

5 articles about legal terms, written to help normal people read contracts with more confidence. Product comparisons now live in /compare.

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Diligence Guide
Clause meaning
Term
IP Assignment vs License: What Creators Need to Know
The clause name people search for first.
Meaning
What it really does
The practical consequence, not law-firm wording.
Why it matters
What you give up
Most clause definitions only matter because of the leverage they create.
Featured in Legal TermsApr 17, 20266 min read

IP Assignment vs License: What Creators Need to Know

IP assignment and IP license do not mean the same thing. One can transfer ownership completely. The other can grant limited rights. Here is what creators, freelancers, and founders need to watch before signing.

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Diligence Guide
Clause meaning
Term
Arbitration Clause
The clause name people search for first.
Meaning
What it really does
The practical consequence, not law-firm wording.
Legal Terms8 min read

What Is an Arbitration Clause?

An arbitration clause forces you to resolve disputes privately instead of in court. Here's what it means, when it's enforceable, and what to watch out for.

Diligence Guide
Clause meaning
Term
Indemnification in Contracts Explained
The clause name people search for first.
Meaning
What it really does
The practical consequence, not law-firm wording.
Legal Terms10 min read

Indemnification in Contracts Explained

Indemnification clauses show up in almost every contract. Here's what they actually mean, when they're dangerous, and how to protect yourself.

Diligence Guide
Clause meaning
Term
Contract Review Lawyer Cost: $200-$2,000+ in 2026
The clause name people search for first.
Meaning
What it really does
The practical consequence, not law-firm wording.
Legal Terms11 min read

Contract Review Lawyer Cost: $200-$2,000+ in 2026

Lawyer contract review often costs $200 to $2,000+ before negotiation. See fee drivers, when counsel should lead, and when a first pass narrows the call.

Diligence Guide
Clause meaning
Term
SaaS Terms of Service Explained
The clause name people search for first.
Meaning
What it really does
The practical consequence, not law-firm wording.
Legal Terms13 min read

SaaS Terms of Service Explained

You clicked 'I Agree' without reading it. Here are the 8 clauses buried in every SaaS Terms of Service that actually matter - explained in clear language.

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