It can be difficult for someone to determine if an M&A lawyer is the appropriate professional to represent them, their company, and their assets. An inexperienced M&A attorney can misrepresent the shareholder(s) accurate value of their business, along with other negative outcomes. There are several things to consider when choosing an M&A lawyer for your company:
What’s the Size of your Business/Assets?
Some M&A firms deal with mergers and acquisitions that involve multi-million to billion-dollar assets, while others deal with smaller businesses whose assets are worth much less. Consider that these larger firms will expect higher fees due to the sort of work they do, while smaller firms may better represent your assets at a lower cost. MBM has experience representing companies of all sizes in acquiring, selling, licensing, and developing products, systems, and services.
What’s their Experience?
A reputableM&A lawyer will have experience with successful mergers and acquisitions in the past and their firm should carry many years of experience. MBM Law has been providing business legal advice and practicing mergers and acquisitions law since 1972.
What is their Approach to Making a Deal?
Although many people think that aggressive attorneys that fight tooth and nail are the most effective, that is not always the case. Those kinds of lawyers can make negotiations and striking a deal completely ineffective, as they often will drag their feet or refuse to negotiate unless their specific requirements are met, which can cost you more money and drag the process on longer than necessary.
What is their Capacity to Respond and Staffing?
The M&A lawyer and firm should treat your company, assets, and merger/acquisition professionally with diligent and comprehensive work. It is important to find a responsive firm that will keep you informed over the course of the process.