Leegality is a legal-tech startup that has made waves in the industry with its innovative solutions and transformative approach to document processes. Their digital document execution platform enhances collaboration, ensures security and compliance, and saves time and costs for legal professionals.
It offers an integrated suite of eSignature, eStamp and eSignation Automation, Local Language eSign Interfaces and Compliance Logistics tools under one roof. It is used by over 2000 Indian businesses today.
Secure Cloud Storage
A secure cloud system is a remote repository that stores your data, files, and documents over the Internet. This virtual system is a much more secure alternative to on-premise hardware systems. This is because the cloud is redundant, allowing you to access your data even if one server fails.
Moreover, top cloud storage providers use encryption and firewalls to ensure the protection of data in the cloud. They also employ round-the-clock security teams to monitor and test the integrity of all cloud infrastructures.
Legal professionals can use Leegality to execute and store their documents securely in the cloud, eliminating the need for printing, scanning, and storing paper copies. This solution enables them to reduce costs and turnaround time while enhancing client service and productivity. Additionally, it allows them to comply with sustainability goals.
Comprehensive Audit Trail and Authentication Mechanism
Unlike physical signatures, which are easily forged and destroyed, digital signatures are indelible. Therefore, they provide a clear audit trail of who signed what when and where, which can be retrieved for future reference or used in court proceedings. This is especially important for microfinance institutions as they work with the most vulnerable populations.
The Leegality platform also offers a robust authentication mechanism to ensure the integrity of all documents signed using their solution. This includes certificate validity checks, chain validation checks and timestamp token verification, which protect against man-in-the-middle attacks. Additionally, the face capture feature adds an extra layer of security, making it more difficult for signers to dispute the authenticity of their eSignature.
Additionally, the leegality platform allows legal professionals to automate their processes and streamline workflows. This eliminates manual tasks and reduces the risk of human error, saving time and reducing costs. It also supports collaboration, allowing multiple parties to work together on documents regardless of their physical location.
Legally Recognized Signatures
Since the ESIGN Act was passed in 2000, electronically signed documents have been recognized as legally binding in court of law. That’s because e-signatures meet the same legal requirements as traditional handwritten signatures, meaning they can be used as tangible evidence in a court of law.
However, the legality of e-signatures depends on the laws and regulations of each country. For instance, in the EU, signatures must follow the eIDAS Regulation. This provides a single framework for e-signatures and trust services that’s legally binding across all EU countries.
RightSignature allows potential signatories to select the e-signature type that’s most compatible with their national laws. This includes basic Electronic Signatures, Secure Electronic Signatures (roughly equivalent to EU Advanced) and Certified Electronic Signatures. The UK follows the eIDAS regulation, which means that signatures are legally binding in the UK as well as any other EU member state. This makes it easy to conduct cross-border business with EU partners.