The due diligence process can be relatively fast and straightforward, but it can also be in-depth and drawn out. The “right” amount of (and the right method of) conducting due diligence will depend on a number of factors. You might benefit from legal due diligence services if any of the following are true:
1- You want to enter into a joint venture, or you are considering acquiring or merging with a competitor.
Due diligence can help you ensure compatibility with the target company. It can also help you identify things that may not be readily apparent, such as pending legal actions that could have a material impact on the business post-close date, or potential financial issues that bear further investigation. Thorough due diligence will help you delve into systems, marketing and sales practices, finances, management, and much more, so you go into a proposed transaction with full transparency.
2- Your company is considering entering into a new geographical territory or market.
Legal due diligence services can take on heightened importance if you are considering expanding to a new geographical area. This is particularly true if you will be acquiring or partnering with a company that is located or operates overseas, because due diligence professionals can help confirm that foreign businesses are operating legally in their jurisdictions.
3- You are an investor considering financing a new business.
As with mergers and acquisitions, legal due diligence services can provide would-be investors with a wealth of information, and can help them parse and evaluate that information in order to make informed decisions. As an investor, you do not want to provide capital only to later find out the company was riddled with debt or facing legal or regulatory hurdles. Using legal due diligence services can help investors avoid this type of potentially crippling scenario.
Conducting due diligence is just a smart business practice; outsourcing due diligence services to professionals, who are experienced and adept at looking at and evaluating the types of information uncovered during due diligence, can help you identify and avoid costly issues later. When you choose to outsource the process, you’re also freeing up your time to focus on the business at hand.
To learn about how Baer Reed can help with due diligence, call us today at (888) 433-1990, or contact us online.
Mr. Reyes graduated with honors from the Ateneo de Manila University, where he received the Procter and Gamble Student Excellence Award. He obtained his Juris Doctor degree from the Ateneo de Manila School of Law. During law school, Mr. Reyes was part of the Philippine delegation to the Willem C. Vis International Commercial Arbitration Moot held in Vienna, Austria. He was also a member of the Ateneo Society of International Law and the St. Thomas More Debate Society. He completed his internship at the Public Attorney’s Office. He wrote a thesis entitled: “To Kill A White Elephant: An Analysis of the Fiduciary Exception to the Corporate Attorney-Client Privilege”. Mr. Reyes is admitted to practice law in the Philippines and the State of New York.
Ms. Lardizabal-Manzano is a graduate of San Sebastian College-Recoletos, where she earned her B.A. in Political Science. In 2003, she received her law degree from Lyceum of the Philippines and was admitted to practice law in 2004.
Matthew Hersh earned a B.A. in Political Science from Columbia University in 1990 and graduated cum laude from Georgetown University Law Center in 1999. He also holds a master’s degree in international relations from the Georgetown University School of Foreign Service.
Cap. Avi Levak (Res. IDF) graduated from from Israel’s prestigious Ben-Gurion University of the Negev with a Bachelor of Science in Computer Science and Mathematics. He is also a Leadership and Communication coach trained in TuT coaching by Alon gal in Israel. Avi specializes in high-level, in-depth analysis of business and client needs, within systems and software strategy and architecture.
Ms. Tyler graduated cum laude from Georgetown University and received her law degree, cum laude, from Georgetown University Law Center. During law school, she interned at the United Nations Economic Commission for Europe. She also worked on The Tax Lawyer journal and was a member of the award-winning Barristers’ Council Mock Trial Team. Ms. Tyler is admitted to practice law in the State of California and the District of Columbia.
Ms. Cruz-Anonuevo graduated cum laude and top nine in her batch from Miriam College with a degree of Bachelor of Arts in InternationalStudies. She obtained her Juris Doctor degree from Ateneo de Manila University School of Law in Rockwell. During law school, she interned in Rivera, Santos, Maranan & Associates. She was also part of Ateneo’s Labor Law Bar Operations. She wrote her thesis on, “Stealing Privacy: Limitations on Media’s Photographic Invasion.,” Ms. Cruz-Anonuevo is admitted to practice law in the Philippines.
Ms. Aquino-Batallones obtained a Bachelor of Arts degree in Development Studies (with Minors in Global Politics and Hispanic Studies) from the Ateneo de Manila University. In 2011, she received her Juris Doctor degree from Ateneo de Manila University School of Law. During law school, she interned at Romulo Mabanta Buenaventura Sayoc & de los Angeles then became an intern of Ateneo Legal Services Center’s Clinical Legal Education Program.
Mr. De Guzman graduated from San Beda College with a degree of Bachelor of Arts Major in Economics and received his law degree from San Beda College of Law. He is multilingual and is fluent in three languages: Chinese, Filipino, and English. He was admitted to the Philippine Bar in 2003.