Law firms face numerous challenges in transactions involving patents and IP-driven M&A, including high costs, time-consuming processes, lack of strategic focus, limited collaboration, poor data visibility, and difficulties in valuing and integrating IP assets. These obstacles often result in incomplete or inefficient due diligence, which can lead to missed opportunities and potential risks. Addressing these challenges requires a shift towards more efficient, strategic, and collaborative due diligence processes. Implementing advanced tools and methodologies can streamline the evaluation of patent portfolios, enhance decision-making, and ultimately contribute to more successful and value-driven IP transactions.