Big law firms do great work, that’s for sure. They certainly cover all the legal bases on mega-deals, have experts in every business law field.
But, sometimes lead counsel on a multi-jurisdictional transaction (multi-state or international) don’t really need another big law firm as special counsel in every venue.
If you want to get senior partner type of expertise and judgement, sometimes a solo or small business firm can to the trick. Small firms can be more accessible, flexible and responsive. And perhaps, just a tad less expensive.
Also, even a limited local counsel mandate can be a relatively valuable file for a solo solicitor, so lead counsel gets VIP treatment and service. Big isn’t always better.
Consult with www.gbtlaw.com for questions you have about hiring our services for your next business purchase or sale.