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  6. Legal Tech VDR (Virtual Data Room)

Legal Tech VDR (Virtual Data Room)

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last updated:Oct 03, 2023

iTraction
iTraction
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Safely store important confidential documents within the company and share digital data under thorough security measures for both external and internal access.

Virtual Data Room for M&A Due Diligence "LegalTech VDR" is a virtual data room developed by LegalTech Inc. in Japan for the domestic VDR market, which has relied on overseas VDRs. It provides a solution for sharing confidential documents necessary for business activities such as mergers, acquisitions, and sales, with servers located in Japan. "LegalTech VDR" manages critical data that must not be leaked during M&A with robust security and offers a safe sharing environment. Since 1999, LegalTech Inc. has been providing various legal tech services to companies, government agencies, and law firms. In 2015, the company was awarded the Minister of Economy, Trade and Industry Award for its innovative business creation and development using legal tech tools that can be utilized for criminal investigations and corporate fraud verification, contributing to the development of new businesses in Japan and the improvement of citizens' lives.

    Document and Data Management
レイヤー

Legal Tech VDR (Virtual Data Room)

レイヤー 1.png
レイヤー 1.png
  • Related Link - https://itraction.jp/vdr0803/

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basic information

Please contact us separately. We have summarized the risks of not using a Virtual Data Room (VDR). A Virtual Data Room (VDR) is an online platform for securely sharing confidential documents. VDRs are commonly used in M&A (mergers and acquisitions), legal work, and financial transactions. 1. Risk of Information Leakage: Companies that improperly share confidential information without using a VDR face the risk of information leakage. If this occurs, the company's reputation may be damaged, and it could become involved in legal issues. 2. Delays in Transactions: In traditional data rooms, documents must be shared at a physical location, which often leads to delays in the transaction process. Using a VDR allows stakeholders to access documents immediately via the internet, facilitating smoother transactions. 3. Difficulty in Data Management and Tracking: In physical data rooms, it is challenging to accurately track which documents have been referenced by whom or which documents have been updated at what stage. VDRs make tracking and management easier, enhancing the transparency of transactions.

Price information

Currently, we can provide you with a provisional price. Please contact us.

Price range

P4

Delivery Time

P3

Applications/Examples of results

It can be utilized in fields that handle confidential information, such as the following: M&A Data sharing with outside directors and auditors (corporate) Investor reports (finance, securities) Audit reports (corporate management department, accounting firms) Joint research and clinical trial monitoring (pharmaceuticals) Internal data sharing for telework and joint development (corporate) Sharing of court materials (corporate legal affairs, lawyers) Evidence reports for fraud investigations (investigative agencies, corporations, lawyers) Information sharing on patents and intellectual property (games, content, professional services) Sharing of drawings and design data (construction, manufacturing)

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Legal Tech VDR

Legal Tech VDR

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iTraction

iTraction

IT/Telecommunications

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We will develop business strategies suitable for the digital age that connects us to the future together with our customers. We will support operations from the digitization of internal systems and understanding the current situation to planning. Additionally, we will assist in the sales of web tools, various cloud services, security solutions, and network-related products (including devices).

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