Law firms are implementing technology at each stage of their mergers and acquisitions (M&A) transactions. Technology helps to get more deals done faster while mitigating potential legal risks, as deals are better managed and all stakeholders better informed.
Technology solutions support M&A teams in all aspects of deals: organization and workflow, negotiation, due diligence, drafting, and closing. Individual point solutions—like virtual data rooms, document management systems, and e-signature platforms—address some of the pain points associated with managing M&A transactions. But legal teams can benefit even more from a multi-solution ecosystem that makes it easier to share critical information and knowledge, resulting in streamlined transaction workflows.
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