Dropbox is adding an arbitration clause in order to watch out for itself legally, but it may not be in your best interest to sign away your legal rights. You have 30 days to opt-out of the arbitration part of the Terms of Service agreement through an online form.
Here’s the new arbitration clause as explained by Dropbox:
“Arbitration. We’re adding arbitration clauses to our Terms of Service and Dropbox for Business online agreement. Arbitration is a faster and more efficient way to resolve legal disputes, and it provides a good alternative to things like state or federal courts, where the process could take months or even years. If you prefer to opt out of arbitration in the Terms of Service, there’s no need to fax us or trek to the post office — just fill out this quick online form.”
You can still use Dropbox for all your file storing and sharing needs while keep your legal options open, just make sure you opt-out. Otherwise you could sign your privacy away and end up not getting the compensation you deserve should your data ever get damaged or stolen due to Dropbox’s neglect.
How do you like Dropbox’s service?
Source – Android Central