The legal due diligence process can take anywhere from several days, in a relatively small and uncomplicated transaction, to several months, in a larger and more complex transaction. The scope of legal due diligence in your transaction will depend on the size of your company and the number of issues requiring additional analysis. The legal due diligence process will end when the investor is satisfied that it has sufficiently identified and analysed the relevant issues and gained an adequate understanding about your company. The investor will typically try to substantially complete the legal due diligence process before the primary transaction agreement is executed.
