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Aspiring Lawyers - Applications & General Advice
Applications Discussion
I am an Associate at a Global Law Firm. Ask me Anything!
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<blockquote data-quote="LM" data-source="post: 48049" data-attributes="member: 9535"><p>Thanks [USER=1114]@Osh[/USER]. Most of the time they will, especially if they go on to acquire further targets. If we think about it in simple terms, the Law Firm knows the business; they conducted the preliminary due diligence; they know the management and its structure. This knowledge can potentially relate to cost savings which can be a key differentiator. However, sometimes things go sour or maybe the company has a different favoured counsel for post-PE transactions. There is no "one size fits all" approach but there is room to continue on the relationship.</p></blockquote><p></p>
[QUOTE="LM, post: 48049, member: 9535"] Thanks [USER=1114]@Osh[/USER]. Most of the time they will, especially if they go on to acquire further targets. If we think about it in simple terms, the Law Firm knows the business; they conducted the preliminary due diligence; they know the management and its structure. This knowledge can potentially relate to cost savings which can be a key differentiator. However, sometimes things go sour or maybe the company has a different favoured counsel for post-PE transactions. There is no "one size fits all" approach but there is room to continue on the relationship. [/QUOTE]
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