You know about “taking care of business.”    But what does it mean to take care of a business transaction – especially an important M&A transaction?   To us it means keeping the transaction moving forward, on time, and with organization and clarity.  It means spending time, ideally every day, on the transaction and always looking for…

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It may sound quaint or old-fashioned, but there was a time when a seasoned business executive would keep a special “signing pen” for executing important agreements.   Using a special pen for significant transactions captured the mindset that by writing their name, the signer had approved the agreement and accepted responsibility for the transaction.   The agreement…

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After more than a decade of trying to make negotiated transactions more efficient – either as a transaction lawyer or running Transaction Commons – the best way to describe the effort, and too often its hope for success, is herding cats.   The classic Electronic Data Systems Cat Herders commercial from years ago presents the challenge.…

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It’s finally here – signing day for your transaction.  The document may be in your email (or sent by an electronic signature application) and ready for your signature.  So perhaps signing is as easy as a simple click.  Or maybe the printed paper agreement is laying on your desk or sitting in front of you…

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What is “transaction efficiency”? Transaction efficiency means minimizing the waste of time, effort and money in the completion of a business transaction.  Transaction efficiency is not the same as transaction “effectiveness.“   Effectiveness of a transaction is a function of whether the transaction delivers the desired result.  For a complex business acquisition/sale transaction, effectiveness requires a…

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At Transaction Commons we are focused on transaction efficiency.  Transaction efficiency refers to the transaction process – minimizing the waste of time, effort and money in the interactions between parties.  Transaction efficiency is built around organization and effective communication, and offers the additional benefits of reduced confusion and aggravation.  A transaction process that is not…

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There is a lot of excitement around the application of technology to transactions ranging from consumer loans, angel investing, commercial real estate, and business M&A transactions.  Many of these transaction platforms are designed to serve as an intermediary between the transaction parties.  The focus is on finding the deal by matching up potential transaction participants.…

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A “cornerstone” is a stone uniting two masonry walls at an intersection.  If we’re talking about a business deal, there are two main parties and the “transaction” is where they intersect.   How effectively and efficiently they intersect is the question.  Depending on the transaction, there may or may not be a future relationship between the parties.  In any case, they must work…

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For years there has been interest in streamlined transactions through electronic document signing, e-closings, and completely paperless transaction processes.   The act of physically signing a document has been cast as antiquated and wasteful.  Now the interest in this topic has accelerated with frequent media attention to broad applications of blockchain technology and its potential place…

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