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It is well recognised that it is difficult to make the semantic content of legal texts machine readable. We propose a systematic methodology to begin to render a sample legal text into LegalRuleML, which is a proposed markup for legal rules. We propose three levels – coarse, medium, and fine-grained analyses – each of which is compatible with LegalRuleML and which facilitate development from text to formal LegalRuleML. This paper provides guidelines for a coarse-grained analysis, highlighting some of the challenges to address even at this level.