Legal Due Diligence Audit

Legal due diligence review identifies contractual, ownership and compliance issues that could affect a transaction or ongoing business risk.

Finance leaders, audit committees and process owners preparing a defined review of records and controls can use this service to clarify a particular issue. A useful starting question is: “Can a financial audit replace legal due diligence?” Begin with the facts behind that question rather than assuming that a standard package will resolve it.

The engagement can cover the following workstreams. The proposal specifies which apply to your matter and what evidence or specialist input is needed.

• Map corporate and contractual obligations.
• Review litigation licences and ownership evidence.
• Prioritise exceptions for legal review.

Start with the records below where available. They help establish the facts before a more specific checklist is agreed.

• Constitutional documents.
• Material contracts.
• Licences.
• Litigation schedules.

Provide the relevant entity, transaction or reporting period and any existing notice or deadline. Identify missing or inconsistent records so they can be addressed explicitly.

Legal due diligence is different from financial audit; enforceability and legal interpretation require appropriately qualified legal input.

1. Define the question: map corporate and contractual obligations, using the available constitutional documents and the facts you provide.
2. Examine the evidence: review litigation licences and ownership evidence. Record unresolved information and the assumptions that affect the analysis.
3. Agree the action: prioritise exceptions for legal review. Set the required deliverables, responsible owners and any follow-up or external dependency.

The proposal for Legal Due Diligence Audit sets out the analysis, documentation or coordination deliverables and the work you retain. The availability of constitutional documents, material contracts, licences and litigation schedules affects readiness and the amount of follow-up needed. Fees and the working schedule are agreed after that initial assessment. Any required independent report, legal representation or authority application is identified as a separate responsibility where relevant.

• Legal Due Diligence
• Debtor Creditworthiness Due Diligence
• IP Due Diligence Services
• Supplier Due Diligence Services

Share a short summary of your Legal Due Diligence Audit requirement and the records already available. BIATConsultant can assess the proposed scope and explain the next steps.

• Request a Legal Due Diligence Audit consultation
• About BIATConsultant