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 …
An earn-out bridges the gap between the seller’s and the purchaser’s perception of the value of a target company. If the target company achieves the agreed metrics or milestones, the seller stands to receive more than the initial purchase price. However, the incentive to be paid more (from the seller’s …
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 …
Here’s how I conduct legal due diligence. Before diving into drafting the sale and purchase agreement for an M&A transaction, it makes sense to first understand the business of the target company and the regulatory framework in which it operates. Consider the following: 1. Business Activities What are the principal …
When I tell people that I’m a lawyer, they often respond with, “Oh, you must have a good memory. That’s so much to memorise.” I believe it’s more important to understand and apply the law rather than memorise it. After all, you can always refer to online resources or statute …
Part of due diligence skills lies in organising documents in a way that allows you to connect the dots. If a legal due diligence exercise spans more than a few months, it’s essential to have a system for tracking the documents you have reviewed. It can be frustrating when the …
When I sent my car for repair, I paid a deposit for the mechanic to diagnose the issue. Once the issue was identified, I was provided with a fee quote. After agreeing to the fee quote, I was asked to pay 50% of the charges upfront before any further work …