The $100 Million Paper Signature Blunder?

Ezekiel Vermillion, an attorney at Adler Vermillion & Skocilich in New York and a RightSignature user, might have spotted the most expensive signature blunder in history. He tweeted:

Legal malpractice claim in dodger's divorce hangs on closing set manipulation. http://on.wsj.com/uEgQtO  This is why i use @rightsignature 

What's the backstory here? Frank McCourt, owner of the Los Angeles Dodgers, alleges that discrepancies in a set of signed paper documents may have cost him over $100 million. During a prolonged divorce proceeding, questions arose about the integrity of the signed copies of a marital-property agreement Mr. McCourt executed with his now ex-wife, Jamie. The Wall Street Journal says:

Evidence surfaced that there were discrepancies among the original six signed copies, namely that attachments to three named Mr. McCourt as the sole owner of the Dodgers while attachments to the three others didn't. Evidence also revealed that the copies with attachments that didn't name Mr. McCourt as the sole owner had been replaced by attachments that did shortly after all six copies had been signed.

Whether or not your contracts have nine digits riding on them, RightSignature gives you the peace of mind that your documents are tamper-proof and legally defensible. RightSignature's proprietary biometric signatures and authentication data portfolio provide robust identity authentication. Each executed document is time-stamped, locked with a SHA-1 checksum, and stored in a secure archive.

As a trusted third party, RightSignature maintains best practices in e-signature legal compliance and eliminates the possibility of document tampering accusations, discrepancies in signed copies, and lost originals. We know that e-signatures can help you close deals faster, reduce paper costs, and make life easier on your customers. Now the Frank McCourt signature blunder shows that using RightSignature could save you millions.

USPS Delivery Slowdown and the Rise of Electronic Signatures

The U.S. Postal Service has announced that first-class mail will take several more days in transit, as the USPS dramatically shrinks operations in response to precipitous declines in mail volume and billion-dollar annual operating losses. This news is further indication that the paper era is coming to an end as businesses transition to more efficient, cost-effective, and environmentally sustainable web delivery technologies.

Over the last decade, as companies adopted online billing systems and sent most notifications by email, one of the few remaining use cases for traditional postal mail was facilitating signatures. Now that use case, too, is antiquated. Taking multiple days each way in transit, wasting paper and ink, and having little visibility into document progress doesn't make sense in the internet era. Instead, businesses large and small, in every industry, are using RightSignature to enable their customers, employees, vendors, and partners to fill out and sign documents online in minutes.

When a post office near our headquarters faced closure recently, the Noozhawk highlighted RightSignature as a contributor to the paperless revolution:

RightSignature ... has had a direct effect on traditional forms of mail delivery. It enables businesses to prepare and sign documents online so they can close more deals in less time, reduce paper and ink expenses, minimize environmental impact and avoid fax hassles. 

Box Electronic Signature Integration

Box is an increasingly popular application for businesses to share files online. It’s like a file server, but simpler and without the hardware, software, and maintenance requirements. You and your authorized contacts can share and collaborate on PDFs, Word documents, media files, and more. Additional features include file access from mobile devices, online workspaces, and desktop syncing.

Box is now integrated with RightSignature, giving you even more power to build, manage, store, and send your documents for e-signature … all in the cloud. Less time getting a signature means more time to focus on your business.

In RightSignature:

You can access your Box files directly from your RightSignature Send screen. Once a Box file has been executed, RightSignature automatically places a signed copy in your Box account, eliminating the need for repetitive downloading and uploading.

To setup, login to your RightSignature account and visit your Account > Integrations page.

In Box:

You can send Box files for e-signature via RightSignature. Right click on a file in Box, and you will be redirected to the RightSignature send screen with the document preloaded.

To setup, visit the RightSignature app on Box and click the Add button to add the RightSignature action to your Box account.

This video provides a demonstration of the integration: