A questions and answers list keeps every question and response between parties together, with a clear owner for each one. It replaces long email chains and makes it easy to see what's still waiting for an answer.
The challenge
When questions are raised by email, they get buried in long threads and forwarded between several people. It's hard to tell which questions have been answered properly, which need a follow-up, and who is responsible for responding.
How Legatics helps
Every question on its own row
Each question has its own row, with columns for who raised it, who needs to answer it and the response. Nothing gets lost in an inbox.
Statuses that keep the process moving
Mark each question as open, answered or needing a further response. Filtering by status shows you exactly what's outstanding before a deadline or call.
Route questions to the right person
Assign each question to the person best placed to answer it. They can respond directly in Legatics, and you can see when the answer arrives.
Back up answers with documents
Upload supporting documents against each response, so the evidence sits alongside the answer.
Control what each party sees
Permissions let you decide who can see and answer each question. For example, buyers in a competitive process can be kept separate from one another.
How different practice areas use it
Corporate
During due diligence, the buyer's questions can be routed straight to the right person on the seller's side. A "further response required" status lets the buyer push back on incomplete answers without starting a new email chain.
Real estate acquisitions
On a tenanted building, replies to pre-contract enquiries often arrive piecemeal. Tracking them question by question shows what's been answered, what needs a follow-up and what's still outstanding.
Financial services regulation
When the Financial Conduct Authority raises questions on an application, each one can be tracked with an owner and a deadline, so a late response doesn't hold up the regulator's review.
Capital markets
Verification questions for a prospectus can be tracked with each response and its supporting evidence, creating a clear record of the verification process.
Getting started
Explore the Lists collection on the knowledge base to set up your first questions and answers list.
đŹ If you need any further assistance, reach out to customer.success@legatics.com.
