Document background
The Due Diligence Engagement Letter is a crucial document used when engaging professional services firms to conduct detailed investigations into business entities, assets, or operations. This document, governed by Irish law, establishes the framework for the due diligence process, whether for mergers and acquisitions, investment transactions, or regulatory compliance purposes. It includes essential elements such as scope of work, fee arrangements, confidentiality provisions, and data protection compliance requirements under Irish and EU regulations. The letter also addresses professional liability, resource allocation, and delivery timelines, while ensuring alignment with Irish professional services standards and regulatory requirements. It serves as the foundational document protecting both the service provider and the client throughout the due diligence process.
