We've been interviewing candidates for our in house legal counsel role and have come up with several promising candidates. We believe three show the most potential and have complimentary skills. One of them has a background in congress working with the ADA (we are auto dealership focused), another as an M&A lawyer with track record of closing 2-3 transactions a week, and the third in the marines doing legal due diligence with aerospace & defense acquisitions + RE transactions.
We could potentially take all three. Is it recommended to do so? Or will this present too many voices at the table to close? How large is the typical Search Fund legal team for deals between $8m EV - $20m EV?
Appropriate # of Legal Counsel?
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by a searcher from Indiana University, Bloomington/Indianapolis - Kelley School of Business
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