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Aspiring Lawyers - Applications & General Advice
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M&A Transaction - Other Advisors
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<blockquote data-quote="M&amp;ALawyer" data-source="post: 83216" data-attributes="member: 2647"><p>Was asked this question multiple times at interview.</p><p></p><p><strong><u>Main two</u></strong></p><p>Investment bankers/M&A financial consultants - they assess the financial projections for why the M&A deal should take place (e.g valuations like DCF's)</p><p>Accountants - involved in the financial due diligence of the transaction. For instance, are all the numbers the target are advertising like revenues/profits/expenses correct (see the notorious accounting fraud in the HP acquisition of Autonomy for more info!).</p><p></p><p><strong><u>Extra</u></strong></p><p>Tax advisers - I was told that tax advisors are also involved in a deal by an associate in the corporate team who asked me this question. Guessing if its a multi-jurisdictional deal tax issues can get complicated and may also need non-legal people involved here. Probably will get you some extra points if you mention this!</p><p></p><p>Perhaps there are more but those three will have you covered if asked!</p></blockquote><p></p>
[QUOTE="M&ALawyer, post: 83216, member: 2647"] Was asked this question multiple times at interview. [B][U]Main two[/U][/B] Investment bankers/M&A financial consultants - they assess the financial projections for why the M&A deal should take place (e.g valuations like DCF's) Accountants - involved in the financial due diligence of the transaction. For instance, are all the numbers the target are advertising like revenues/profits/expenses correct (see the notorious accounting fraud in the HP acquisition of Autonomy for more info!). [B][U]Extra[/U][/B] Tax advisers - I was told that tax advisors are also involved in a deal by an associate in the corporate team who asked me this question. Guessing if its a multi-jurisdictional deal tax issues can get complicated and may also need non-legal people involved here. Probably will get you some extra points if you mention this! Perhaps there are more but those three will have you covered if asked! [/QUOTE]
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