Legal Due Diligence · glossary
The contract between a client and its law firm for one piece of work. For a review it fixes the scope, the report's format, materiality, the firm's liability cap and who may rely on the report. Sunrise's capped the firm's liability at €10 million. Report §2.4 · Chapter 2
Explained in Chapter 2, The Cast and the Setup, of Legal Due Diligence.
Also explained in M&A Foundations.
An engagement letter is the contract between a client and its law firm for one piece of work. On a diligence review, it fixes the shape of the work before anyone reads a page.Read Chapter 2, The Cast and the Setup →
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