DOES MY LAWYER NEED TO BE LICENSED IN THE STATE WHERE I BUY A BUSINESS?

I've heard it both ways from preliminary conversations with lawyers - some say they can't work outside a state where they are licensed, and others (some who I see comment on this site) are more than willing to work deals in any state.

Should I wait to identify a target business, and then find a lawyer licensed in that same state, or should I establish a relationship now with a lawyer who is willing to work wherever I find a deal?



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