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The Hart Scott Rodino Antitrust Improvements Act of 1976 amends certain antitrust laws, most notably the Clayton Act. The Hart Scott Rodino Antitrust Improvements Act of 1976 states that certain pre-merger filings must be submitted to the Federal Trade Commission and the Department of Justice, to ensure that the merger or acquisition does not result in a monopoly.
Because of the size of the companies merging, there is extensive documentation that must be reviewed prior to submission. The documents are reviewed for content—and to test whether a pre-merger filing is required. Temporary staffing agencies often provide attorneys experienced with mergers and acquisitions to help review documents.
The temporary attorneys, experienced in mergers and acquisitions, help a firm save time and costs. While temporary attorneys are reviewing documents, the other attorneys on the case are free to use their time to meet with clients, attend meetings, and even work on other cases, which they would not have time to do without the extra help provided by the temporary attorneys.