The rise of remote work and innovations in technology have brought about many changes in the way lawyers do business. Lawyers strive to ensure their processes are effective and efficient while also ensuring they are practising compliantly within the regulatory guidelines.
One of the most significant changes and recent innovations is the use of electronic signatures which are making the document signing process simple for both law firm staff and their clients.
In this article, we will explore the benefits of eSignature technology and how it is making an impact at law firms, provide some best practices for implementing electronic signatures for your practice and give you a comprehensive insight into how Verify 365’s e-signature platform is being utilised by law firms, estate agents and finance businesses across the UK.
The Benefits of eSignature Technology Within Law Firm Processes
Electronic signatures offer a variety of benefits to solicitors, including increased productivity and efficiency, improved document security, and cost savings.
Increased Productivity and Efficiency – Electronic signatures make it faster and easier to sign documents, reducing turnaround times and increasing efficiency. Manual processes such as printing, mailing, and faxing can be time-consuming and prone to errors. Electronic signatures streamline these processes, allowing lawyers to focus on more important tasks.
Improved Document Security – Electronic signatures provide enhanced document security, reducing the risk of lost or stolen documents. Electronic signatures from Verify 365 are verified and authenticated using advanced ID biometrics, providing legal protection and compliance with regulatory requirements. This ensures that sensitive documents are kept safe and confidential.
Cost Savings for Law Firms – Electronic signatures offer cost savings by reducing printing and paper costs, transportation costs, and storage costs. This helps lawyers save money on their bottom line while also reducing their environmental impact.
Best Practices for Implementing Electronic Signatures for Solicitors
To ensure the success of implementing electronic signatures for law firms, solicitors should follow some best practices, including:
It is important to choose the right electronic signature solution that meets your specific business needs. There are many electronic signature solutions available in the market, and not all of them are created equal. Be sure to evaluate the features, costs, and ease of use of the solution before deciding.
You also want to incorporate effective technology that ensures you can complete onboarding tasks at a much faster rate. Electronic signatures make the document signing process much simpler, and you can obtain signed documents in seconds. This eradicates the paper trail and reduces the need for faster manual processing with digital signatures, saving you and your team time.
Verify 365’s eSignature Technology
One electronic signature solution that has been making waves in the legal industry is Verify 365’s eSignature technology. This tool allows users to sign and send documents from anywhere, at any time, using any device. Its user-friendly interface makes it easy for lawyers to sign and send documents without the need for printing, scanning, or mailing quickly and securely.
Plus, Verify 365’s eSign technology is fully compliant with industry standards, ensuring that your documents are secure. Our electronic signatures are legally binding and have the same legal standing as pen-and-paper signatures. Verify 365 speeds up your workflows, reducing the paper trail with everything you need secure on one innovative platform.
Any electronic signature requests you make through the Verify 365 platform have an affixed, non-editable trail to ensure every action is thoroughly tracked and time stamped so you can check accurate signature details.
By using Verify 365‘s eSign technology, lawyers can save time, increase productivity, and ensure the security of their documents. Our proprietary technology is mobile-friendly, and you can send documents on the go from anywhere in the world, and your clients can sign anywhere, at any time.
Our technology ensures you meet your compliance requirements and enhance your overall client onboarding processes with fast, efficient and effective technology. Discover more about our electronic signature technology by heading to our dedicated eSignatures page or speak with our expert team to find out more.
