Technology And Automation In Corporate Transactions

INTRODUCTION

From very long time, corporate transactions have been designed and structured with human interventions and innovations whether it is due diligence, negotiation, risk assessment or execution of strategies. Within a corporate environment, human judgement and analytical skills have always played a significant role in transactional governance and decision-making process, as well as in ensuring the smooth functioning of the operations within the entity. However, with the rapid integration and growth of technology into transactional practices, the traditional human centric approach is taking a transformative shift towards an automation-centric approach. Corporate deal-making is facing a profound transformation in the mediating role of lawyers, to the machine-mediated execution. Artificial Intelligence driven contracts, predictive valuation models, and rule based transactional mechanisms are becoming more integrated into the corporate areas of mergers and