There are various situations in which companies have to get an overview of existing contracts, for example in acquisition or sale of other companies â€“ a so-called due diligence. CLARIUS.LEGAL offers these services as â€śDue Diligence Servicesâ€ť for companies and law firms.
CLARIUS.LEGAL reviews the legal circumstances for clients in connection with takeovers of all kinds. The scope of the due diligence is first of all jointly defined; the key factors which create economic value are focussed on here.
CLARIUS.LEGAL then drafts a â€śred flag reportâ€ť from these key factors. Depending on the amount of the data to be analysed, it might be necessary to use appropriate Legal Tech products. CLARIUS.LEGAL, supported by software and artificial intelligence, ensures that reliable and detailed results are provided.
Example Due Diligence Services
In the case of an acquisition, the potential acquirersâ€™ legal department is charged with the legal due diligence by their senior management. However, the acquirerâ€™s legal department is busy with day-to-day business and does not have the resources to carry out the due diligence internally.
CLARIUS.LEGAL provides legal resources who will manage the execution of the due diligence. To this end, CLARIUS.LEGAL works with the newest LegalTech applications to ensure a cost-effective and prompt analysis of large amounts of documents. LegalTech will mostly handle the time-consuming initial analysis and prepare the so-called â€śred flag reportâ€ť of all anomalies and warning signals. The CLARIUS.LEGAL employees will provide individual improvements (where necessary) and prepare a final report which summarizes all the companyâ€™s strengths and weaknesses and therefore enables an informed purchase decision. Furthermore, CLARIUS.LEGAL provides an electronic data room to simplify client communications and record documents promptly, securely and virtually.