Schwartz Quoted in Legaltech News on the Use of E-Signatures in M&A Transactions Post-Pandemic

E-Signature Is Here to Stay in M&A. Now More Regulators Need to Allow It
– Legaltech News

Manatt corporate and finance Partner Scott Schwartz is quoted in Legaltech News on the momentum COVID-19 created for e-signatures, particularly as it relates to M&A transactions, and whether the use of the technology will continue for deals post-pandemic.

The publication noted that lawyers were leveraging e-signature during M&A matters well before COVID-19, but the pandemic grew and solidified its place in the dealmaking process. “I think clients’ trust in e-signature is growing, and so I would predict to see more e-signature in the future and that the days of handwritten signatures are probably limited,” Schwartz said.

Local and federal government’s adoption of e-signature is occurring at a slower pace, Legaltech News reported. Schwartz explained that as states and government agencies contemplate change, clients are increasingly willing to incorporate additional digital processes into their transactions.

“I think as our client base becomes more sophisticated and technological, they are becoming increasingly comfortable with the concept [of e-signature],” Schwartz said.

Legaltech News subscribers can read the full article here.



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