Why You Need an Experienced Outside Legal Counsel for any Merger and Acquisition Deal

Successfully navigating a business transaction requires a team of professionals, not the least of which includes experienced legal counsel. 

While in-house counsel remains important, outside counsel provides important benefits for businesses undergoing one of the biggest transactions they may ever take part in.

Why You Should Hire Outside Legal Counsel for your Merger or Acquisition

Mergers and Acquisitions (M&As) are big deal transactions that carry a lot of risk. When things go right, there can be huge value to gain, but even a seemingly small error can result in disastrous results for one or both parties. 

From securing financing and regulatory approvals to developing strategic and operational goals going forward, the challenges an M&A can present are many. Not to mention, integrating the culture and workforce of two organizations can be more difficult than leaders may originally think. 

To guide the organization through to the finish line (and beyond), you need a strong team of leaders. On that team should be the CEO, CFO, chief in-house legal counsel, as well as other senior business leaders. In addition, you should partner with an experienced outside legal counsel.

Understanding the Role of Outside Legal Counsel

The role of outside legal counsel in any M&A is to support the in-house team’s efforts and the client’s objectives. 

Everyone on the team has the same goal – to successfully close the deal, but there will be hurdles. An experienced outside legal counsel will be able to anticipate the unexpected, devise solutions to any of these potential obstacles, as well as help successfully navigate what is expected to bring the deal to completion. They also provide a macro-level perspective of the entire transaction because they aren’t fully integrated with the day-to-day needs of the organization.

With the successful growth of any organization comes even more opportunities for growth through a merger or acquisition. As you consider the next step in your business’s development, please come talk to our commercial law team at Silverberg|Brito, PLLC. We offer complimentary consultations to discuss your organization’s legal needs.

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