A joint working group, composed of the Law Society Law Committee and the Company Law and Financial Law Society subcommittees of the City of London Law Society, has published non-binding guidelines (the JWP Guidelines) to assist lawyers with transactions. Simply put, the JWP guidelines offer a sliding scale of formalities to follow depending on the type of document (and especially if the law sets formalities for that document). The underlying assumption is that a signature sent by email or fax may be an original signature in the same way as a „wet ink“ signature and that the resulting document is an „original“. Where the procedure allows the use of a pre-signed signature page, the agreement is binding on the signatory if the person attaching it to the final document had the requisite authority to do so. In a recent LinkedIn panel discussion with other lawyers from around the world, different countries seemed to have different preferences when it comes to printed copies compared to scanned/electronic copies of contracts. A business unit is under its documentation. Without the right registrations, registrations, licenses, and other legal documents, a business is just an idea in the owner`s mind. If paper business documents are saved in the right places, the company becomes a real unit. And the loss of these documents or their access, if stored exclusively online, can be problematic – or potentially devastating. That`s why we asked the members of the Young Entrepreneurs` Council (YEC): countries that are satisfied with a scanned or electronic copy of a contract were: what is „making a non-electronic paper copy“? Does this mean „copying this agreement in a non-electronic way“, which means printing this agreement? I couldn`t find the meaning of this expression in a dictionary. (ii) execute a non-electronic copy of this Agreement. (overwatchmedia.com/terms-and-conditions) „There is so much to worry about in the day-to-day operation of a business, the last thing you need is a dispute over your job.
Keep hard copies of your rental agreement so you don`t have problems when digital copies are transferred or lost in the cloud. There`s nothing better than a sudden office move to end the bill. ~ Ismael Wrixen, FE International Hard copy et electronic copy submissions should be identical to each each and in the same file format (i.e. .