Abstract: A system, method and computer readable code for formal contract drafting is disclosed. In some embodiments, legal directive or legal directive objects are received through a user interface, and formal contract text, such as individual contract clauses, are generated from the received legal directs or legal direct objects. In some embodiments, the user interface includes a mechanism for specifying a specific contract party, the generate clause relates to the specified party. In some embodiments, the generated clause is generating using contract logic. In some embodiments, the legal direct objects are represented by a graphical icon. In some embodiments, one generate clause is specified or derived at least in part with another generate clause. In some embodiments, the formal contract text can be presented according to one of a plurality of contract views.