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When two businesses agree to merge or one business agrees to acquire another business, the merger or acquisition might cause a monopoly. If the combined assets of both companies are worth over a certain amount, the companies must file pre-merger filings with the government.
Provision of these documents is often time consuming because of the financial documents that must be reviewed to properly complete the pre-merger filings. During this phase, the government might not allow the merger or acquisition, in which case, additional documentation must be provided in order to prove that a monopoly is not being formed. Review of the documents could be time consuming. A temporary attorney with a business mergers and acquisitions background provides document review services for firms, allowing the firms to manage their time more efficiently.
There are also times wherein legal issues are brought to court as the parties cannot settle their differences. In this case, discovery is requested by both sides—document review attorneys review electronic and other documents for content to ensure that no confidential documents are provided to the opposing counsel.