Over 250 financial and legal advisory firms are using their own, privately branded Firmex data rooms. Firmex-powered deal activity was up 255% in Q1 2009 versus a 10% decline in Q4 2008. According to Firmex’s M&A advisory clients, the increase is a result of sellers bringing deals back to market. The majority of the increase occurred late in Q1 2009, and the trend is continuing into Q2 2009.
Legal and Financial Advisor are Raising the Bar: Online Documents = Better Client Service
Being organized ultimately means less mistakes, getting the work done faster and providing superior service. Whether it is completing a transaction, structuring a businesses or managing a clinical trial are volumes of documents. Having documents highly organized, accessible and online access reduces the voicemails, “lost” e-mail attachments and miscommunication that frustrates any collaborative process. As one attorney commented Read more…
Firmex releases new enhanced functions that allow executed documents to be published directly from the deal room to external media in seconds.
Firmex is pleased to announce new enhanced functions that allow executed documents to be published directly from the deal room to external media in seconds. “After closing a deal, parties, often exhausted, tend to move on to other deals. Thus leaving the responsible party scrambling to pick up loose ends and create the closing binders” says Chris Gaffney, Director Client Services at Firmex. Read more…
