While useful it needs a big red warning to potential leakers. If they were personally served documents (such as via email, while logged in, etc) there really isn't much that can be done to ascertain the safety of leaking it. It's not even safe if there are two or more leakers and they "compare notes" to try and "clean" something for release. https://en.wikipedia.org/wiki/Traitor_tracing#Watermarking https://arxiv.org…
I don't think watermarking is a winning game for the watermarker, with enough copies any errors can be cancelled.