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The Process of Buying or Selling a Business: A First-Time Buyer’s Guide to Due Diligence

Strictly Business

Due diligence is the buyer’s process of discovering and evaluating information about a seller’s business to confirm that acquiring the seller’s equity or assets is a sound investment. However, the process of conducting due diligence differs between transactions for a variety of reasons.

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Zuva Launches Free AI-Powered Contracts Review Tool

LawSites

Zuva , the company that spun off from Kira Systems after Kira was acquired by Litera in 2021, is offering a completely free version of its AI-powered contract review technology, which can be used by anyone just by uploading contracts to Zuva’s website. You can access the tool directly from the Zuva home page.

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Three Ways Contract Analytics Deliver Value Beyond Corporate Legal

LawTechnologyToday

They rely on contract analytics engines to better understand their company’s risk exposure – and get a jump-start on agreements headed their way for review. But the need for historical and predictive analysis of in-force and pending contracts isn’t limited to the legal department. The IT Team.

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The Process of Buying or Selling a Business: An Overview

Strictly Business

The NDA is a contract where the parties agree to keep certain information confidential, like trade secrets and customer lists. Initial Due Diligence After an NDA is signed, the parties typically begin sharing information so that the buyer can determine if it wants to make an offer for the business.

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AI Applications for 5 Different Legal Fields

LawTechnologyToday

From finances to entertainment, AI is reshaping how many industries go about their work. Contract disputes, for instance, require hours of due diligence that AI can automate, saving you hours of monotonous work. AI algorithms can analyze contracts and related documents to highlight language that would help your case.

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Legal Staffing Lessons for Today’s Marketplace

Attorney at Work

Contract attorneys have made it possible for legal organizations to level up their teams’ expertise without increasing headcount. . In many cases, this meant that they, like their law firm counterparts, hired contract attorneys to fill in gaps, provide niche expertise and keep costs in check. Here are some lessons they learned.

Legal 114
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The Process of Buying or Selling a Business: M&A Letters of Intent

Strictly Business

Generally, an LOI will not be drafted until the buyer has conducted enough preliminary due diligence to give it a high degree of confidence that it wants to pursue the transaction. approvals, financing, tax clearances, diligence); Summary of Representations and Warranties to be included; Summary of Indemnification (i.e.