Morrison & Foerster LLP
Lessons to be learned
- Lesson 1: Most legal rules for handwritten signatures also work well for electronic ones
- Lesson 2: Specific legal rules for electronic signatures (e.g., for liability and evidentiary presumptions) should be enacted with caution
- Lesson 3: Fixing a technical standard by statute, even if “voluntary”, holds dangers
- Lesson 4: Federal countries and international entities (e.g., EU and US) have more difficulty in reaching consensus, but their variety of approaches may ultimately prove an advantage