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

Strictly Business

This meticulous review of your business, from contracts to customer lists, is called due diligence. Due diligence allows the buyer to uncover risks when buying a business. A data room is an online document storage platform where due diligence material is reviewed by the buyer. Litigation and potential litigation.

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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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Think Like A Lawyer: Follow The Iron Rule Of Trial Logic

Law 360

Many diligent and eager attorneys include every good fact, point and rule in their trial narratives — spurred by the gnawing fear they’ll be second-guessed for leaving something out — but this approach ignores a fundamental principle of successful trial lawyering, says Luke Andrews at Poole Huffman.

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Should lawyers embrace or fear ChatGPT?

ABA Journal

For some academics, researching, writing, editing and publishing a scholarly piece of work can take months, if not years, of painstaking effort, diligent commitment and…

Diligence 129
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Will AI Replace Lawyers? 4 Expert Opinions

MyCase

For centuries, lawyers have been trusted advisors in navigating the legal system. However, with the rise of artificial intelligence (AI), a question looms: Will AI replace lawyers? Can AI Replace Lawyers? No, AI will not render lawyers obsolete. However, it is reshaping traditional models of practicing law.

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Federal judge tosses lawyers from case after concluding they failed to diligently represent shareholders

ABA Journal

District Judge John Adams of Akron, Ohio, is looking for new lawyers to represent a utility company’s shareholders after tossing current counsel from the…

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A&O Hires Harvey Chatbot To Help Lawyers

InHouseBlog

In a sign of the speed at which AI is permeating the practice of law, a Magic Circle law firm with offices around the globe is now providing its lawyers with access to AI tools to speed the delivery of legal services. Should lawyers fear ChatGPT and other AI tools?

Lawyer 69