Professional relationship doesn’t have to be transactional

Lawyering

During the early stage of the Covid pandemic, when Malaysia was under movement control order, I received a Whatsapp message from a number not saved on my phone.

At that time, I had just lost most of my contact numbers after accidentally dropping my old phone and I had to get a new phone.

The person seemed to know me from the contents of the message. The person remembered my hometown and enquired about my family in my hometown after reading the news that the pandemic was rather serious there.

I thanked the person.

The truth was, at that time, I could not tell who that person was from the message or Whatsapp profile photo. The was no conversation log/ history on my Whatsapp account which could provide a clue. The puzzle remained unsolved till several months later.

The message was from an investment banker whom I had worked with. I mentioned my hometown in passing when we worked together on an IPO and she remembered that.

I was touched that the person remembered and reached out to me.

Professional relationship doesn’t have to be transactional.

#malaysiancorporatelawyer
#lawyering
#lawyers

This post was first posted on Linkedin on 30 May 2022.

Linkedin Post
Earn-out: A postponed dispute?

An earn-out is often the solution when a buyer and seller cannot agree on price. The seller believes the business is worth more than what the buyer is willing to pay upfront. So, the parties resolve the issue by deferring the portion of the price they cannot agree on, with …

Linkedin Post
The disclosure letter: Why founders selling their companies should not treat it as an afterthought

When founders sell their companies, the scope of legal work usually focuses on the share sale and purchase agreement (SPA). The disclosure letter is sometimes treated as secondary to the SPA but it should not have been the case. The disclosure letter sets out the exceptions to the sellers’ representations …

Linkedin Post
Third-party consents in a share sale: What sellers should check before negotiating

When a company is sold, due diligence is usually conducted by the buyer, not the seller. That means the consents required from regulators, other shareholders, financiers or IP licensors to complete the sale are often only discovered when the buyer’s lawyers identify them during legal due diligence. By then, the …