DocuSign®, the global standard for electronic signature, today announced that Cooley LLP has selected DocuSign to accelerate and simplify processing of clients’ legal documents. DocuSign will further enhance Cooley’s reputation as a client-focused, technology-forward leading international law firm with the speed and convenience of DocuSign’s electronic signature solution. With DocuSign, Cooley clients will be able to finish legal business faster, easier, and more securely than ever.
“Many of the companies and investors with which we work asked us to use electronic signatures to make document signing easier and more efficient,” said Craig Jacoby, chair of Cooley’s Emerging Companies practice group. “DocuSign’s eSignature solution offers real benefits of speed and ease of use to our clients, especially our technology clients, who are increasingly adopting mobile technologies, and many of whom find fax machines and scanners to be quaint, obsolete devices best consigned to an earlier time.”
“Because Cooley’s roots are in Silicon Valley, at the heart of technological innovation, they understand the importance of using trusted, easy, convenient technologies to accelerate the speed of business for their clients,” said Dustin Grosse, DocuSign’s chief marketing officer. “Cooley is removing the frustrations of the corporate legal process by giving their clients an easy way to sign documents anytime, anywhere from any device using the global standard for eSignature, DocuSign.”
Cooley is launching eSignature for its emerging companies, fund formation, and venture financing practice groups. In addition to delivering an exceptional experience and unique convenience to clients, DocuSign will:
• Save time – Cooley will see documents signed and returned online in minutes, not hours.
• Keep control – The Cooley team will be able to see who signed documents, and when they signed them.
• Reduce costs – Cooley can achieve cost savings for their clients by eliminating paper, faxing, couriers, and overnight shipping, as well as legal time associated with coordinating signatures.
"We love that Cooley is using DocuSign to make the closing process more convenient," said Stewart Alsop, partner at Alsop Louie Partners. "I can sign a term sheet wherever I happen to be rather than trying to find a scanner or a fax machine. It shows that Cooley is focused on making the process work more effectively for entrepreneurs and investors rather than sticking to tradition."
Another important criteria for Cooley’s choice of DocuSign was its high levels of security and reliability, which help to ensure legally binding signatures every time. DocuSign offers fully redundant SAS70 Type II tested data centers, network, policies, and procedures that have passed 100 percent of security audits with the world’s largest financial services institutions. And, DocuSign offers an enterprise-class global network with a track record of 99.99 percent system uptime. DocuSign also warrants compliance with the federal ESIGN Act.
Law firms and other companies interested in learning more about the speed and convenience of DocuSign’s electronic signature solution can find more information at docusign.com/.
About DocuSign, Inc.
DocuSign® (docusign.com) is the global standard for eSignature. DocuSign helps customers decrease transaction times, reduce costs, and enhance customer satisfaction with the easiest, fastest, most secure global network for sending, signing, tracking, and storing documents in the cloud. For more information, visit docusign.com or call 800 098 8113. Visit the DocuSign blog at docusign.com/blog and follow DocuSign on Twitter, LinkedIn and Facebook.
About Cooley LLP
Cooley's 650 attorneys have an entrepreneurial spirit and deep, substantive experience, and are committed to solving clients' most challenging legal matters. From small companies with big ideas to international enterprises with diverse legal needs, Cooley has the breadth of legal resources to enable companies of all sizes to seize opportunities in today's global marketplace. The Firm represents clients across a broad array of dynamic industry sectors, including technology, life sciences, venture capital, clean energy, real estate and retail.
The Firm has full-service offices in major business and technology centers nationwide: Palo Alto, CA, New York, NY, San Diego, CA, San Francisco, CA, Reston, VA, Broomfield, CO, Washington, DC, Boston, MA and Seattle, WA. The firm also has an office in Shanghai, China.