Global Mergers and Acquisitions valued at US$709.5bn in Q3 2018
According to the Monthly M&A Insider for Q3 2018, published by Mergermarket, "Year-to-date M&A value in 2018 remains far ahead of the total from the same period last year. Deals valued at US$2.7trn were announced in the first nine months of the year, a 23% increase over the total value in Q1-Q3 2017."
These results mean transactional teams around the world will be 23% busier this year too. That's a lots of deal closings in the pipeline. No wonder associates and partners are feeling the strain and working late into the night.
The number of document checklists to be created, agreements to be drafted, execution versions to be signed and bibles or closing binders to be created is incredible.
Workshare Transact is here to help make every closing more efficient and productive. Rather than working all hours in the chaos of email, running multiple versions of a document, and chasing to keep all parties updated on the status of each item, this can be automated using our online transaction management platform.
By reduce the amount of time spent on admin and creating greater efficiencies, there are less write-offs on each deal. It also creates a better experience for everyone involved in the process, and lawyers can focus on value-add activities for clients.
Change the status quo, forget the late nights spent on admin and move your deal closings online with Workshare Transact.
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