Back
Checklist - Corporate Due Diligence
Key issues for you to watch out for
The Problem
You are going to make a corporate acquisition and need to know what to look for in the transaction documents you are reviewing.
Related challenges include:
- the business complains if due diligence takes too long
- having legal counsel review every document is not feasible from a time or cost perspective
- conducting each review of every document to a common standard is almost impossible
- even the best people have an off day and miss things
- non-lawyers / junior lawyers can take a long time to train to conduct due diligence
- you want due diligence performed to a common standard
- you need to empower your business to do more for itself
The web has lots of checklists – but are they any good?
The GLS Solution
This GLS checklist™ flags the key issues you need to be aware of when conducting due diligence.
This checklist is for the key legal issues that need to be flagged in a due diligence excercise.
Useful to both legal teams and lay-persons, this GLS Checklist™ flags what is important and/or unique in each agreement, and includes a brief explanation as to why.
Conveniently, each checklist flags what is a truly “material” risk area and what is not – allowing you to conduct efficient and proportionate due diligence.
There are plenty of checklists found on the Web but few are regularly maintained by a legal services group dedicated to empowering you to achieve more yourself.
Problem solved.
GLS RPLV Legal Operations Score
This solution’s GLS RPLV impact score:
Resource Status: | Specialist | Repeater | Formative |
Ease of Implementation: | Complex | Average | Easy |
Value Demonstration/Visibility: | Low | Medium | High |
Productivity Leverage Profile: | Low | Medium | High |
IHL Line Optimisation: | Single | Multiple | All Lines |
IHL Critical Function Optimisation Targets
This solution enhances performance across the following critical in-house functions:
In-House Legal: Critical Functions / Processes
Contracting
Legal Tech
Managed Service
Human Capital
Knowledge
GLS has identified 15 critical in-house processes/functions that are present in every world-class legal department. To learn what these functions are, their composition and how they interrelate to deliver efficient legal team performance outcomes - visit here.