FAQ
Questions owners put to us first
About fees, meetings and who does the work.
Why flat fees?
Because an owner should be able to budget for a lawyer the way they budget for anything else. It also makes us scope the work properly before we start, which is good for both of us.
What if the matter turns out to be bigger than quoted?
If the facts change, say a second buyer appears or a partner hires a litigator, we tell you before doing the extra work, and give you a written fee for it. You decide whether to go on.
Is the first conversation billed?
No. We need it to price the matter, so it's on us. If we can't help, we'll try to say who can.
Do we have to meet in person?
No. Most of our work is done by video and email. Clients come to Greenwich Avenue to sign, or when a conversation is better had in a room.
Do you work with companies in other states?
Often, where the company is formed or sold under the law of a state in which one of our lawyers is admitted. Each lawyer's page lists those states.
Who will actually do the work?
The lawyer named in your engagement letter. If anyone else touches the file, we tell you first.
When is the fee paid?
Half when the engagement letter is signed and half at the end of the matter, or at each phase for a sale. General counsel is billed at the start of each month.
Will you work alongside our accountant or banker?
Yes, and we'd rather. We put tax questions to your accountant in writing, so the answers are on file.