Case study
How a law firm cut due diligence time by 70%
A corporate law firm specialising in mergers and acquisitions accelerated document verification while strengthening regulatory compliance.
Context
Industry
Corporate law firm / M&A
Volume
40 M&A transactions per year
Countries
France, Luxembourg, Switzerland
Partners & associates
25 lawyers
The problem
Every M&A transaction required manual verification of hundreds of legal documents, delaying closings and tying up junior associates for weeks.
- Manual verification of 200 to 500 documents per transaction
- Due diligence timelines of 6 to 8 weeks per deal
- Risk of human error on critical documents (articles of association, company extracts, financial statements)
- Excessive mobilisation of junior associates on repetitive tasks
The solution
CheckFile was integrated into the due diligence process to automate compliance and completeness checks on legal documents.
- Automatic verification of corporate documents (company extracts, articles of association, board minutes)
- Cross-document consistency checks within each transaction
- Automatic detection of missing or expired documents
- Virtual data room with integrated audit trail
The results
-70%
Due diligence time
From 6-8 weeks down to 2 weeks on average
100%
Documents verified
No document slips through the net
+30%
Firm capacity
More transactions handled with the same headcount
0
Critical errors
Zero errors on closing documents since deployment
“Document due diligence was our bottleneck. With CheckFile, our associates focus on legal analysis instead of checking expiry dates.”
Managing Partner
Corporate law firm (25 lawyers, Paris)