How to Find Lawyers?

by a searcher from The Ohio State University - Max M. Fisher College of Business

1 month ago

My partner and I are in the initial stages of embarking on a partnered, self-funded search (launch within the next###-###-#### months). We are looking for cost effective legal counsel help draft an operating agreement and help create a legal entity for our search - we want to start this process over the next few months. I am seeking any tips for the best methods to find law firms with experience in this space? 

At this stage (~1 year from launching our search), is it advisable to find counsel that we can use also use partner with for diligence / deal counsel? Or is any firm offering entity drafting and formation services at a low cost sufficient? Is it necessary to have legal counsel be local to our search geographies?

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intermediary from Northeastern University

There are many lawyers to choose from, but I suggest you find someone local to you so you can build the relationship. If your goal is an SMB up to $10MM, even a solo or small firm is good enough. If you are looking at larger businesses, then go with a firm of 20+ lawyers who have done many of these contracts over the years. If you are in MA, RI, DC or NY - I have a strong roster of contacts. Feel free to email --@----.com for names

1 month ago | like reply | 0 likes

professional from University of Michigan - Ann Arbor

There are plenty of competent lawyers on this thread. And the good news is you've got plenty of time to choose. Start interviewing now. Get a feel for who they are and what they will be like to work with. If you work with a lawyer on the entity formation piece and don't like the experience, switch it up for the eventual deal. Happy to throw my hat in the ring. Feel free to DM me here or reach out at --@----.com My firm, Groundswell Advisors, LLP, specializes in small market M&A and works with self-funded searchers on a daily basis.

1 month ago | like reply | 0 likes

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