Virtual Data Rooms = Real Eyestrain?
Killing time with a corporate M&A lawyer over the weekend, the ritual trawl for a subject of mutual interest threw up the topic of Virtual Data Rooms, on which we carried a feature in the June issue. He wasn’t a big fan, having used them several times.
The point of VDRs is that teams of corporate M&A lawyers don’t have to fly around the planet, so I assumed that it was the reduction in expense-account travel that put him off. “No,” he said. “It’s because you have to proof-read everything on-screen, and we’re getting worried that sooner or later one of the staff will sue for damage to their eyesight.”
Filed under: Technology