Legatics Analyzes 6,200 Deals to Optimize Transaction Workflows

Legatics publishes data analysis from 6,200+ deals highlighting when transaction work occurs.

Legatics conducted an extensive analysis of over 6,200 live transactions using its platform to map when deal work happens during execution.

Contrary to the traditional view that deal activity peaks at the signing stage, the findings show that substantial work occurs before and after signing. These phases include preparations leading up to signing and post-signing activities that drive the successful close of transactions.

The platform tracks an average of 88 checklist items per closing, with roughly 9 organizations involved in each matter. To date, Legatics has cataloged more than 562,000 items globally, demonstrating the complexity and detail involved in closing deals.

As Kirsten Medder of Legatics notes, "The closing checklist isn’t what you produce at the end of a deal. It’s the artifact that runs the whole deal — and the form it takes determines how the deal is run." This highlights the role of structured workflows in managing deal risk and efficiency.

Used by leading law firms from the AmLaw 100 and UK Top 100, Legatics' insights are based on transactions originating from more than 60 countries, giving a broad perspective on current deal execution practices.

These data-driven insights support legal professionals and in-house teams in rethinking how to allocate resources throughout the transaction process rather than focusing narrowly on the signing phase, enabling better deal management strategies and improved outcomes.