LawSites

JUNE 15, 2021

Legal professionals agree that the pandemic accelerated the critical role of technology in the future success of their law firms and legal departments, but only a third believe their organizations are well prepared for addressing technology’s increasing importance. It polled 700 legal professionals across the U.S. Clients Demand Tech.

Legal Technology Solution 124

Legal Technology Solution Technology Contract Law Firm 124

Paralegal Bootcamp

APRIL 8, 2022

For instance, commercial litigation paralegals can benefit from CLEs explaining the methods of determining the appropriate type of business organization or drafting contracts. Many professional associations outside the legal field provide continuing education sessions in their areas of expertise.

Paralegal 246

Paralegal Paralegals Education Real Estate 246

Strictly Business

DECEMBER 21, 2023

LOIs are typically entered into after discussions regarding a potential business acquisition have reached a threshold stage where both the prospective buyer and seller wish to memorialize the high-level terms of the proposed transaction.

Diligence 83

Diligence Drafting Contract Real Estate 83

Strictly Business

MARCH 18, 2024

Despite their utility, earnouts must be carefully negotiated and drafted to reduce the likelihood of future disputes and thwarted expectations, particularly in cases tied to bottom-line results, complex calculations, and/or when the target company is being integrated into the buyer’s other businesses.

Real Estate 70

Real Estate Drafting Business Services Manufacturing 70

Strictly Business

DECEMBER 12, 2023

Therefore, the potential seller should aim to sign an NDA before disclosing any information to the potential buyer; however, if the parties do not, then the potential seller should draft the NDA to ensure that it protects information disclosed prior to the execution of the NDA.

Real Estate 78

Real Estate Finance Attorney Business Services 78

Strictly Business

FEBRUARY 12, 2024

The purchase agreement is typically drafted by the buyer’s counsel after the letter of intent has been signed and the buyer has done enough due diligence to feel confident that it wants to pursue the transaction.

Diligence 83

Diligence Real Estate Contract Business Services 83

Strictly Business

NOVEMBER 2, 2023

Outside of an auction process (where the seller is fielding bids from multiple potential buyers), the buyer typically prepares the first draft of the purchase agreement after the buyer is far enough along in its due diligence process to believe it will, in fact, go through with the acquisition.

Diligence 77

Diligence Real Estate Legal Legal 77