For prestigious law firm Adams & Partners, due diligence on merger and acquisition deals was a massive undertaking. With each transaction involving hundreds of thousands of documents to review, teams of lawyers spent countless billable hours sifting through contracts, emails, and reports. Not only was this process excruciatingly time-consuming, but the risk of missing a critical issue was ever-present.
Enlisting the Power of AI
Determined to gain a competitive edge, Adams & Partners partnered with S2udios, a leading AI solutions provider. Together, they developed a custom AI system to supercharge the firm's due diligence capabilities.
The first step was deploying S2udios' proprietary document ingestion technology to digitize and structure the full universe of documents related to each deal. Next, S2udios' natural language processing models were trained on years of past transactions to identify key areas of legal risk.
Once deployed, the AI system rapidly analysed all documents, flagging potential issues and extracting pertinent data points. This allowed Adams' teams to focus their expert review on areas of concern highlighted by the software.
Accelerated Review, Elevated Quality
The results were transformative - due diligence timelines shrank from months to weeks while accuracy rates soared. Adams estimated $25 million in cost savings during the first year by reducing manual review hours. Moreover, zero critical risks were missed, eliminating costly overlooks.
"S2udios enabled us to provide faster, higher-quality due diligence than we ever could have manually," raved the firm's Managing Partner. "It's been a game-changer for our M&A practice."
Ready to see how S2udios.com can revolutionize your professional services firm? Visit S2udios today to schedule a consultation.