This Due Diligence Resource Kit provides a brief overview of the M&A due diligence process, as well as where to find practice notes, forms, templates, and checklists relating to this topic in Practical Guidance. The due diligence process is a critical component of an M&A transaction pursuant to which the potential buyer and its advisors undertake a detailed review of the target to better understand its business and operations and to identify any issues or areas of potential liability. This in turn will influence the buyer's valuation of the target and the corresponding transaction consideration, the terms of the transaction documents (particularly the allocation of risk between the parties), and whether the buyer desires to proceed with the transaction. The scope of the buyer's due diligence review will depend on several factors, including the nature of the transaction, the parties involved and their relative bargaining power, industry-specific considerations, and the buyer's overall ...