Good paper makes good business. No words have ever been truer.
It is a common misconception that bigger is better when selecting a securities law firm. Unfortunately, to a large law firm, a client is just another billable account. Large firms are run like assembly lines, with a different attorney working on each aspect of a client’s representation. The result is that no single attorney understands the overall focus and dynamics of the matter at hand.
Usually a partner meets with the client and then delegates the actual legal work to one or several associates, diluting the message in the process. The associates must create updates for the partner in order to communicate their progress on the file. The partner then bills the client for being updated and the associates bill the client for the legal work, creating twice the expense.
Each time the partner requires an update another bill is generated. The unfortunate result is that the client incurs excessive expense for legal work that, in many cases, is substandard. If the work product lacks cohesion then more billable hours are generated by associates who must revise work that could have done properly in the first place. The most disturbing fact is that lawyers in large securities law firms are invariably rookies “learning the trade” or are tired partners biding their time until retirement. Either way, the client loses.
Your Success Means Our Success
Legal & Compliance provides necessary attention to each client without needless delays or over billing. Our founding partner Laura Anthony immediately establishes close, long-term relationships with our clients, including private and small, publicly traded companies, and quickly ascertains their professional needs. Moreover, when or other attorneys are selectively assigned to projects, it is done so to ensure expedience, effectiveness and cost-efficiency. The process results in a superior work product without incurring unnecessary expense for the client.
We invest valuable time in understanding our clients’ corporate needs and stand firmly behind the quality of our work product at all times. Legal & Compliance provides effective corporate and securities representation, advice, and all documents and contracts required to complete virtually any commercial transaction, regardless of how complex. In addition, we are equipped to effectively handle virtually all other matters of business law.
