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Example for a RealEstate or Transactional Paralegal. Part of the scope included the due diligence project that the associate was doing. Or, if you were to adjust the scope (skip the due diligence) and adjust the time (because you don’t have enough resources), then your triangle could recover.
As a paralegal, you will also be required to have an advanced skill set in practice-specific technology, such as e-discovery tools, trial technology , and applications that increase the efficiency of the legal team. A realestate paralegal might be asked to do title research on a big commercial closing transaction.
This increase in complexity and volume required a different set of professional skills needed for litigation practitioners that combined an intimate knowledge of both the litigation process and how technology can be used to drive efficiencies in the e-discovery process. Automation.
However, constant experimenting by the service providers has enabled it as a well-established industry. With this, we expanded our services to encompass the entire realm of digital contracting, which has broadened our horizon to include services dedicated to legal AI/ML platforms.
The service will provide transaction management, due diligence and documentation support to deal teams. Due diligence. Maintaining the due diligence questionnaire and the review of underlying documents. See all posts and podcasts related to Factor. Specific services Factor will offer firms include: Transaction management.
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