Mayne Wetherell | Case Study

Mayne Wetherell becomes the first New Zealand firm to deliver faster due diligence with Deeligence

Mayne Wetherell | Case Study

Who

Mayne Wetherell is a leading New Zealand corporate law firm advising on the country’s largest and most complex transactions. The team is known for their market-leading work in M&A, capital markets, finance and tax and an incredibly innovative culture.

The challenge

Managing due diligence at Mayne Wetherell saw lawyers spend significant time coordinating the delivery of a DD report.

DD processes were being slowed by endless data room notifications, task lists and spreadsheets. They were mired in changing data rooms, manually getting updates from colleagues and coordinating across multiple tools. Mayne Wetherell lawyers simply wanted to focus more of their attention on solving complex issues for clients, not admin.

This process was even more challenging when deals would happen in a Google Drive as it was difficult to determine who needed to review what, or if a seller had swapped out documents that had already been reviewed.

Partner Cameron Reeves said the team were looking for a solution that delivered immediate efficiency gains without adding complexity. Regarding the team’s experience

“Deeligence just works... and just slots into the DD process in the way you expect. It's a great way to get great value instantly.”

From complexity to clarity in due diligence

Mayne Wetherell quickly saw the impact on one large transaction. The measurable results were clear:

  1. 75+ hours of lawyer time saved on a recent deal
  2. Material contracts reviewed with specialised diligence AI in 50% of the time, building confidence to enable faster and higher quality issue-spotting by the entire team
  3. Time savings across every step of the process, from work allocation to tracking data room changes and collating client-ready reports
  4. Lawyers found the platform intuitive and dashboards that gave real-time insights into review progress without any ring-around. Users rated the experience 10 out of 10

Associate Annie Grimes said that:

“The AI accuracy gave me real confidence. When I checked the reviews, I saw how little lawyers had changed – it showed how reliable the feature was.”

This means less lawyer time wasted and more time for increased focus on work that matters to clients.

Ahead of the pack

Arming the Mayne Wetherell team with Deeligence is showing market-leading delivery of diligence not only across New Zealand but globally. Both Mayne Wetherell and Deeligence were proud to partner as the first Kiwi firm embracing a better way of delivering value to clients.

“We’re proud to lead the way in New Zealand with Deeligence - it’s a clear step towards innovation in due diligence and most importantly reflects our commitment to our clients to find smarter and more impactful ways of working,” adds Reeves.

A firm that’s always keen to stay ahead of the pack:

“We have made a firm-wide decision that using Deeligence delivers such efficiency for our clients and our team that we won’t be running a transaction without it” said Reeves

Company Name

Mayne Wetherell

Company Website

Author

Deeligence

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