FOR IMMEDIATE RELEASE
Technology Allows Lawyers to Manage Digital Legal Agreements Securely and Effectively
INDIANAPOLIS and CHARLOTTE, NC – May 5, 2015 – Indianapolis-based software company PactSafe, Inc. (www.pactsafe.com) announced today that Charlotte-based Fenner’s Law is using PactSafe™ technology to establish digital legal agreements with its clients. For Fenner’s Law, the key to delivering legal services online was the ability to obtain a valid online retainer agreement that had been read before their clients clicked their assent. This capability enables Fenner’s to successfully offer its legal services online and become competitive with other online service providers.
According to lawyer Robert Fenner, owner of Fenner’s Law, “I wanted to provide legal services online in an affordable way. However, as an attorney, I needed to demonstrate that my online agreement had actually been read and agreed to by my clients. Simple click-through approvals were not sufficient. PactSafe deploys, manages, tracks and enforces my digital legal agreements so when my clients sign retainer agreements, I know they are valid. The PactSafe icon clearly appears on every page of my website and its underlying software provides a full audit trail of electronic interactions with clients. PactSafe is a service ahead of its time; it’s cost-effective and I predict that firms and corporations everywhere will discover its many benefits.”
PactSafe CEO Brian Powers says, “Legal agreements entered into online are often invalid for a number of reasons, though the parties may be unaware of this when ‘I AGREE’ is clicked. Fortunately, as Fenner’s Law discovered, PactSafe can correct this problem. PactSafe help lawyers and corporations establish proper protocol and certification around their online legal contracts. If the agreements are ever challenged, their legal integrity will hold up under scrutiny because PactSafe has captured the requisite data. We are proud to have Fenner’s Law as a customer and look forward to serving them well into the future.”
About PactSafe, Inc.
PactSafe, Inc. is a technology company based in Indianapolis. Founder and CEO Brian Powers, a lawyer and entrepreneur, created the PactSafe™ cloud-based application to manage, track, deploy and enforce digital legal agreements. PactSafe recently raised $600K of seed capital in its first round of investment from firms including Elevate Ventures and Vulpes Testudo Fund. The company’s advisory board includes leaders from LegalZoom, Salesforce, and ZipRecruiter, and a former Amazon in-house attorney. For more information, visit www.pactsafe.com.