WHITE PAPER

Law firm success checklist: Transaction management

How to turn managing transactions into your competitive advantage

Managing transactions for mergers and acquisitions (M&A) is complex and time sensitive. Lawyers face pressure to complete due diligence, finalise documentation, and close deals quickly. Clients rely on accuracy and efficiency at every step, as errors and delays can jeopardise deals. Streamlined processes are essential for smooth transactions. 

If you’re using disparate systems for each step, it might be time to reevaluate your transaction management approach. Many law firms benefit from a comprehensive end-to-end solution that provides a single source of truth for the entire deal lifecycle. This holistic approach minimises errors, reduces risk, and enhances the client experience, offering a competitive edge. 

Our comprehensive guide provides the starting point to assess and improve your transaction management process by helping you answer these questions: 

  • How long does it take to close a deal?
  • What causes delays in the transaction process?
  • Can technology play a more powerful role in your transaction management?
  • What are the biggest roadblocks to success?
  • How much visibility do you have over deals?
  • Could you use a helping hand to accelerate due diligence?
  • What other tasks could be automated?
  • How collaboratively do your teams work together?
  • What major benefits would you like to see from improving your transaction management?
  • Is it time to consolidate your systems?

Access the full white paper

By submitting this form, you acknowledge the Thomson Reuters group of companies will process your personal information as described in our Privacy Statement, which explains how we collect, use, store, and disclose your personal information, the consequences if you do not provide this information, and the way in which you can access and correct your personal information or submit a complaint.