Monday, March 01, 2010
A plague of signatures
It took me an hour to sign all these documents, and there wasn't even a deal to go along with them. Just a giant pile of paper so that various of our overseas subsidiaries can open a few bank accounts and move some money around. All important, but I am sure it could have been done with a lot less paper a couple of generations ago. Each crisis or lost lawsuit or generic f*ckup demands a documentary solution, and lawyers helpfully supply new words to solve the old problem, like a new layer of roofing installed on top of the old one. But the old words never go away, and the papers only get longer.
14 Comments:
, at
Like the roofing analogy. Interesting, though, there is a limit to the number of roofs that can be applied. After three all the layers come off before a new one is installed.
Our system puts such a premium on doing things that an elected representative is driven to create new rules to solve old problems. And the laws pile up.
I think sometimes that laws should sunset after 30 years. As a face saving gesture it would at least allow some lawmakers to claim, periodically, that they are against murder, and in the process get their 15 minutes of fame without doing too much harm.
M.E.
A picture is worth a thousand words, though in this case I would estimate the currency went up to 50 thousand words.
, atHow much time did it take someone to put all those colored post-its on every page so the CFO didn't sign on the wrong line?? Bet no one spent time doing that in the old days either:~)
, atI use that same pen. Pilot G2?
By Don Cox, at Tue Mar 02, 04:17:00 AM:
This crap is what will cause civilisation to grind to a halt.
, atWe should have an inbox competition... special prize for the biggest waste of time...
, atHow many trees have YOU killed today ? And, yet, despite all of that boilerplate, somone will find something out of place or insufficiently described.
By Bomber Girl, at Tue Mar 02, 08:42:00 AM:
In spite of the seeming inanity of this stack, I am forced to admit that it is very artistically contrived.
By RPD, at Tue Mar 02, 09:20:00 AM:
By Charlottesvillain, at Tue Mar 02, 09:45:00 AM:
RE the stickies, this explains the success of 3M over the years.
, atYou read each page of that conscientiously before signing, didn't you? Dedicated CFO with deep responsibilities to your shareholders and stakeholders that you are...
By TigerHawk, at Tue Mar 02, 10:42:00 AM:
You read each page of that conscientiously before signing, didn't you?
Of course not. Only trial lawyers and journalists think that executives read what they sign. Everybody else knows that the signature is my statement that I did my best to hire good people to review or prepare our contracts and have put in place processes that are sufficient to guard the interests of our stockholders in commercial transactions.
By Stephen, at Tue Mar 02, 11:56:00 AM:
The erect writing instrument may be a subliminal signal, but sometimes a pen is just a pen…
Looks like you’re using a black pen. A blue pen is SOP to signify that the document is an original, although as color copying becomes more ubiquitous it probably doesn’t matter any more.
Those were just the originals to be stored off-site in a secure location. Now to make one copy for each subsidiary, in-house counsel, your banks, and the departments affected. Do you own stock in Boise Cascade?
You also need to buy a high-speed scanner and software that allows you to sort and retrieve these documents on your network. For a mere $100K plus $10K per year it all can be yours.
Marketing has booked a nice room for the closing party
By Purple Avenger, at Tue Mar 02, 05:40:00 PM:
Expect that paperwork load to triple if ObamaCare passes.