Client:
- US-based Corporate Law Firm
Outsource Function:
- Legal Research Services (focus area – companies listed in the US stock market)
The Client’s Challenges:
- Requirement for extensive legal research
- Time-consuming process
Our Solution:
Time- and cost-effective deliverables on a weekly basis
Process included;
- Abstraction of information from a platform as the first source (obtaining a daily deletion list)
- Research on companies using Nasdaq.com
- Research on cross-listings and up-listings
Extracted important information such as;
- Companies’ stock symbols on the stock market
- Relevant business sectors
- Prospectuses and latest press releases
- Date of listing
- Listing price
- First trading price
- Reverse split ratio
- Warrants (checking if tradeable or not)
- Capital amount raised (at initial as well as secondary public offerings)
- Legal details – underwriter counsel, auditor, and company counsel
Benefits Delivered by LSW:
- High-speed work
- Assured confidentiality
- Assured quality (delivered highly accurate information)
- Provided continuity and risk management
- Flexible working models
- On-time project delivery
- Provided crucial information (abstracted key terms and provisions out of data spanning over the last three years)
- Delivered extracted data in the client-suitable format
- Converted unorganized data into a searchable, organized, and accurate database
- The provided database will help minimize the time required to search for information
