- March 22, 2022
- Frank Kettenstock, Chief Marketing Officer
As the legal industry is traditionally monetized by the billable hour, how do law firms use electronic signatures to improve their business? To answer this question, let’s look at how eSignatures can benefit law firms.
Innovative law firms are turning to electronic signatures to improve efficiency and client access to gain an advantage over their less proactive competitors. Law firms can now collect signatures from customers, employees, and partners using digital signature technology.
An eSignature solution lets you bring revenue in faster
In today’s fast-paced business world, law firms need to be able to move quickly in order to stay competitive. Unfortunately, the traditional process of exchanging paper documents and dealing with ink signatures can often be painfully slow.
eSignatures can help law firms to reduce their lead intake time and get new clients onboard faster. With eSignatures, firms can sign new clients much more quickly, which brings revenue in quicker. In addition, using eSignatures can help law firms to avoid the hassle and expense of maintaining paper records.
Foxit provides a top-quality eSignature solution that is perfect for law firms of all sizes. With Foxit, law firms can streamline their workflow, save money, and get new clients signed up faster than ever before.
You can offer better client service
Having a reliable eSignature gives you the chance to offer better client service. Clients will appreciate how much less they must spend on paperwork. It will make their experience easier. As a result, this can improve the overall experience of your clients.
Make the entire signing process more efficient and organized
In today’s digital world, many law firms are still relying on paper methods to get work done. This can be detrimental to their workflow for a number of reasons.
- First, it slows down the signing process.
- Second, it makes it more difficult to organize files.
- And third, it puts the law firm at risk of making errors. A law firm electronic signature can help solve these problems.
Not only will it speed up the signing process, but it will also help law firms organize their files more efficiently.
As a result, law firms that switch to using law firm electronic signatures will be able to improve their workflow and run more smoothly.
Unlike paper, eSignatures do not require any human interaction. Your software can do all the heavy lifting of routing documents at each step as they’re signed, even checking to ensure signees have placed their John Hancock in the correct place.
They can even automatically remind signees that their signature is needed. Everything that a human team must do to keep documents that need to be signed flowing can be done by the right eSignature software, but faster and more efficiently.
Client data protection
Cyberattacks are a regular threat to the legal industry, as law firms hold confidential information for their clients. Legal firms can use cloud technology to save and protect their client information, keeping it out of risky file cabinets and under the watchful eyes of their cloud service providers.
Reduce costs with e signatures
Law firms can use electronic signatures to avoid printing, paper, ink, and other associated costs such as equipment maintenance. Law firms can manage document signing more efficiently by consolidating the cost of signing documents into one monthly fee.
Avoid regulatory fines, malpractice suits
A law firm’s data is its most valuable asset. Without client information, case files, and other sensitive data, a law firm would be unable to function.
Therefore, it is essential that law firms have a robust data security system in place to protect their information from unauthorized access. One way to achieve this is by using an electronic signature solution.
An electronic signature solution offers law firms a sophisticated data security system that reduces the risk of data breaches that could lead to regulatory fines or malpractice suits. By using the best e signature software for law firms, legal firms can ensure that their data is protected from unauthorized access and that only authorized individuals are able to view and sign documents.
In addition, electronic signature solutions offer a variety of other benefits, such as the ability to track document changes and have a complete record of who has signed what documents.
Overall, an electronic signature solution is an essential tool for law firms who want to protect their data from unauthorized access and ensure compliance with regulatory requirements.
Improve communication with legal partners and clients
Inefficient follow-ups can often hinder law firms that cannot move away from traditional paper signing. Electronic signatures can help to reduce the amount of time and resources required to organize and track documents.
Law firms can track any outstanding signature requests using an established and trusted eSignature system with minimal effort.
An enhanced audit trail can increase document visibility
eSignature solutions with enhanced tracking capabilities assure law firms that clients’ confidential documents will only be signed by authorized personnel. This protects the document from being accessed, forgery, or altered by unauthorized individuals.
An embedded audit trail provides additional information about the transaction, including the signer, date, and time, as well as the digital certificate used for digitally signing the document.
Law firms can use digital signatures to streamline their legal processes, store client information securely, reduce human error, and increase efficiency. Firms will capitalize on the benefits of eSignature solutions and gain a competitive advantage over less forward-thinking competitors.
Best e signature software for law firms
In a law firm, time is of the essence. That’s why an electronic signature software like Foxit can be essential. With Foxit, you can quickly and easily add your law firm’s electronic signature to contracts and other documents.
And since Foxit is integrated with many of the leading law firm management software programs, you can easily keep track of all your law firm’s contracts and documents in one place.
Best of all, Foxit’s electronic signatures are legally binding, so you can be sure that your law firm’s contracts will hold up in court.
If you’re looking for the best e signature software for law firms, look no further than Foxit.