If you are considering merging your business with another, your first step should be to hire a lawyer. Just as you understand the ins and outs of how to successfully run your company, our attorneys specialize in these types of legal agreements. Get the expertise you need now rather than forging ahead and having problems arise down the road, when it is too late to do anything about it.
At Sparks Law, our knowledgeable lawyers are here to work with you on a tailored strategy that suits your specific situation. Pick up the phone today and call to learn more about the role of a lawyer in Alpharetta mergers.
When discussing a merger, one of the first things that a lawyer will help with is going through the skeleton agreement, known as a letter of intent (LOI). Typically, one of our Alpharetta attorneys will sit down with a client to ensure that they understand all the terms and potential implications of the LOI. Financing is usually a big factor at this stage of the process. Here, the role of a skilled mergers lawyer is to help a client decide if the LOI is truly what they want to sign off on.
After initial discussions, an attorney’s next task is to more thoroughly research the other business entity. In this due diligence period, our local mergers lawyers will review every aspect of the other company, such as their:
During this stage of the merger, an attorney’s role is to find answers for the important questions: what does the other side want? How much do they want to be involved in the newly merged company?
At Sparks Law, we have seen clients who want to create loopholes in their merger contracts to have the option of reversing the deal and getting out of it. However, this is often ill-advised. If the other side’s lawyer flags it, the deal might blow up due to diminished trust between both parties. Trust is key between business partners. It is all you have when you are looking to merge with another company.
A lawyer’s job is to advise against these common mistakes when writing an Alpharetta merger contract. The attorneys at Sparks Law can discuss what is important to you to determine an appropriate strategy for the circumstances. If want the deal to go through successfully, a lawyer at our Alpharetta office can help you write a contract that establishes trust and accomplishes your goals for the merger.
A lawyer’s job is to interpret the legal terms of a contract for the client so that they clearly understand all of the options, contingencies, and potential consequences. At Sparks Law, we prioritize your best interests and can explain how the law works both in your favor and against you in any given situation. This way, you can make more educated plans for the future of your business.
Ultimately, the role of a lawyer in Alpharetta mergers is to be a guide and advocate for clients. Give us a call today to learn more about how we can assist you.