Alcove’s Legal Process Outsourcing
Due Diligence Services
Alcove has fully qualified attorneys and paralegals with experience in corporate/commercial due diligence and verification projects. Our offshore team can work alongside your firm’s own attorneys or independently with regards to preparation of full due diligence/issues only reports. We offer the following services;
- Organising and cataloguing documents and identifying data relating to litigation or corporate due diligence.
- Document Synopsys / Summaries
- Due diligence report prepared in a format acceptable to the client
- Reports that provide general overview and also clearly flag those areas which require particular attention making it easier to evaluate the impact of the legal findings
Staffing due diligence to meet tight deadlines is challenging. Finding enough lawyers is difficult. They need review guidelines, training, facilities and the right software. Speed is of the essence. Long work days are customary and even the most dedicated lawyers may overlook important risks when overloaded.
Alcove quickly assembles a team of trained and experienced onshore or offshore lawyers. Our local project managers and lawyers work with the law department or outside firms to develop review guidelines. We then train a team which works in a secure, dedicated facility. Our rigorous process and quality controls include statistical sampling and regular reports on productivity and quality.
Alcove’s outsourced due diligence capabilities offer law firms and corporations several benefits:
- Speed: We can operate two or three shifts per day in one location in several across time zones.
- Better Ability to evaluate the likely risks: Review guidelines typically cast a wide net designed to find all potentially relevant documents. We free-up inside and outside counsel from the minutia of slogging through every document; instead, they can focus on evaluating just the potentially significant issues.
- Confidentiality and continuous operations: Due diligence work in corporate deal making is highly sensitive. Our delivery centers are housed in world-class facilities with state-of-the-art security. In fact, security is tighter than in most law firms and domestic review centers. We use a combination of physical and virtual measures to protect your data. Our back-up systems ensure continuous operations.
- Lower cost and the potential to evaluate more deals: Electing the offshore option can save 50% of the cost of an onshore due diligence. Beyond savings, with lower cost due diligence and rapid turn-around, corporations and law firms are able to evaluate more transactions because of increased bandwidth.
For further information or a service requirement/price quote, please contact us
