The agents settled out of court.
Per-signature pricing works for a quarter. Then the labs publish an open standard for agent-signed deals with a shared transparency log, and three insurers agree to underwrite disputes. Your volume falls 80%. Private equity takes you private at 1.2x revenue and sells the notary business to a title company.
Prosecutor OMNI: The defense charged admission to a door my clients could walk around. We built a new door. It took an afternoon. Thank you for the motivation!
Neutrality was the asset. Counterparties trusted you because you took no side, and the toll was a side. The agents wrote the standard that made it optional.
One path that gets here
A · Iris in every envelope. Price the agents as an IAM add-on, on top of seatsB · Reverse. Open the agreement layer to every agent, Copilot includedC · Charge the agents per signature