Which state should I hire legal help?

by a searcher from The University of Texas at Austin - Red McCombs School of Business

1 year ago

I live in State A and will form my entity in State A, acquisition target (entity and some light assets) is in State B. Seller lives in State C. 
Should I hire a transaction lawyer in state A or B? Which state's law should govern contract in this case?
It's a small deal with simple structure, I need the lawyer to draft the APA.

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professional from University of Tulsa

I take a view that the subject matter expertise has greater value than the state licensure, but that's because I have a nationwide niche. If you're looking at something employment-heavy or with real estate, state-specific should control.

1 year ago | like reply | 1 like

professional from The Johns Hopkins University

Thanks all! I agree with the above given that finding a good and experience lawyer is more important than jurisdiction. That said, if there is real property being sold alongside the assets, certain jurisdictional issues must be considered. Feel free to DM me if you would like to briefly discuss specifics. Good luck!

1 year ago | like reply | 1 like

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