By

Catherine B. Tyler
mergers-and-acquisitions-law-firms-lpo-support
In increasing numbers, mergers and acquisitions law firms are turning to LPO service providers for assistance with the complexities and volumes of transactions. There are many reasons firms choose to embrace outsourced solutions for mergers and acquisitions, including the following: Professional Due Diligence One of the most time-consuming – and riskiest – aspects of mergers...
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Critical Clauses Reviewing Confidentiality Agreements
Confidentiality agreements, also known as non-disclosure agreements (NDAs), should be tailored to address the parties’ specific needs and circumstances. If a confidentiality agreement does not include certain critical provisions, it may be ineffective. When reviewing a confidentiality agreement, attorneys should look for the following key elements: Identification of the parties. An NDA should clearly identify...
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document review attorney best practices
An efficient legal review process is the foundation of a streamlined response to document requests. Best practices begin with the lead document review attorney, who will assemble a team, establish guidelines, and manage the project through to completion. Planning and Establishing Guidelines and Selecting a Team The legal document review attorney who leads the project...
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compliance-solutions-operational-costs
With both increasing and evolving regulatory demands, banks and brokers will often expend numerous resources to keep up with the changes, and this can increase operational costs often putting organizations over budget. The consequences for compliance-related penalties and fines can cost an organization severely. Because of the regulatory complexities and expertise required to stay compliant,...
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Law-Firm-Outsourcing-How-to-Use-It-Effectively
The idea of outsourcing legal services to a third party initially brought a level of hesitation and uncertainty to law firms, even if they needed the additional support. The ability to work more efficiently with qualified legal professionals, especially those who have been vetted and work in a secure setting, has brought about a change...
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Common Misconceptions about Legal Research Outsourcing
Conducting legal research can be a time-consuming exercise for many attorneys and law firms, especially for firms and corporations with a backlog of work, or organizations dealing with an influx of projects or cases. Legal research outsourcing can free up tasks for attorneys to focus on high-value work. For organizations considering using an LPO, here...
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Joint Defense Privilege Benefits and Risks
Attorneys representing different parties sometimes need to collaborate and share information to further the representation of their clients. When that information would otherwise be protected by the the work-product doctrine or attorney-client privilege, the benefits and potential risks associated with joint defense privilege (also called the common interest doctrine) should be considered. The Potential Advantages...
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Misconceptions Business Due Diligence Outsourcing
Conducting thorough business due diligence can help companies avoid encountering costly surprises after a deal has been finalized. For organizations without dedicated resources to vet potential business deals effectively and efficiently, due diligence can be overwhelming and resource-draining when tackled wholly in-house. If you have not previously considered outsourcing due diligence services, or are apprehensive...
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Mortgage-Compliance-Program-A-Strategic-Function
In the finance industry today, a comprehensive mortgage compliance program is essential, but it is often a challenge operationally. Effective mortgage compliance has many layers within an organization. It is managed daily at the senior management level and integrated throughout the company’s day-to-day activities as a strategic function of the company. The Code of Federal...
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Timeline Legal Aspects of Mergers and Acquisitions
A successful merger or acquisition can be a lengthy process; it is the result of months and sometimes years of careful analysis and planning. While the specific circumstances surrounding each transaction drive the required tasks and the timeline, there are some common legal aspects of mergers and acquisitions that are generally applicable across transactions. Structuring...
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