Why have a shareholders’ agreement? Why not just rely on the company’s constitution? A shareholders’ agreement governs the relationship (1) between shareholders themselves; and (2) between the shareholders and the company (if the company is a party to the shareholders’ agreement). Three reasons to have a shareholders’ agreement when there …

As a corporate lawyer, I need to collaborate with others, whether with my team or external parties, while working on corporate deals. I review documents prepared by my team, which also require input from other parties. Similarly, I review documents prepared externally by other parties. My work often depends on …

After my recent post on “Draft, revise, review. Repeat,” reflecting my experience in equity capital markets work, someone asked if I ever get bored. The answer is, “Of course!” No deal is 100% interesting. The LinkedIn posts celebrating IPOs, M&As, or other corporate successes often skip over the long hours …

Draft, review, revise. Repeat. If you are an equity capital markets lawyer, this cycle is all too familiar. Send out a draft. Get comments from other advisers. If you are diligent, you’ll compare the draft you sent with the one you received. Accept changes, track amendments. Enlarge the view if …

When clients engage lawyers for legal due diligence or to draft a share purchase agreement, they are not seeking the most polished report or a perfect agreement. What they truly want is peace of mind from knowing that their concerns are addressed and their matters are in good hands. Similarly, …

A peer once told me that our work is stressful because it requires us to be right all the time. The cost of getting things wrong is high. The work we do doesn’t save lives, but it does have an impact on others’ livelihoods. We assist corporations with buying and …

While working on corporate transactions can be demanding, I often wonder if it’s possible to truly enjoy the process, not just the celebrations after the transactions are completed.   I find it becomes more enjoyable when: ◼️ The team shares the same goal. ◼️ Everyone involved in the transactions is …

Many years ago, I walked into a junior colleague’s cubicle and saw him “buried” amidst stacks of documents. There were piles of documents stacked on the floor, spilled across his desk, and lined the shelves. He smiled while we chatted, but I could see he was stressed. That image stayed …

I’m glad someone is talking about this essential though not so glamorous side of legal practice—bill collection. Our payment term is 30 days, and I send periodic reminders if an invoice isn’t settled on time. No client has ever said, “Don’t worry, you can take more than 30 days to …

Working on corporate transactions in a legal career can be pretty stressful. It’s often a race against time while ensuring accuracy in identifying material issues and drafting high-stakes provisions with clarity. Many lawyers have heard how a missing or misplaced comma can cost companies millions. Many late nights and weekends …