Three simple ways to speed up legal due diligence

Due Diligence

When a company undertakes a corporate exercise, the task of providing documents and information for due diligence is usually delegated to the management of the company.

The following are three simple ways for the management of the company to speed up the due diligence exercise and make the process more efficient:

1. Provide due diligence documents in a well-organised, indexed and user-friendly virtual data room at the commencement of the due diligence exercise.

2. Ensure due diligence documents are complete or substantially complete when provided to lawyers to avoid lengthy additional enquiries.

3. Provide adequate responses in a timely manner to enquiries raised by lawyers in order for lawyers to comply with the due diligence scope.

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This post was first posted on Linkedin on 30 March 2022.

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