Law is Specialized and Lawyers have Specialties
Legal services are specialized in much the same way that medical services are specialized. Therefore, there are times when one needs a legal generalist and times when one needs a legal specialist. With that in mind, one does not need to pay more to get the best legal services for a given matter.
The Best Lawyers Consider Your Long-term and Short-term Goals
Excellent legal representation should align with both short-term and long-term goals based on a clear understanding of your business and the environment in which it exists. A good lawyer solves the challenge of today. A better lawyer accomplishes the goals of today and helps establish a course for your success in the future.
Transactional or Foundational?
If you interview prospective legal counsel and they do not ask you what you are trying to accomplish, you should be aware that your relationship is only transactional. You pay them to solve the immediate problem. However, if they ask about challenges, priorities, and preferred outcomes, then you have the potential for a foundational relationship that will be beneficial well into the future.
About Bernard Hooper: Bernard Hooper has transactional expertise in foreign and domestic mergers, acquisitions, and joint ventures. He advises regarding matters of corporate governance, capitalization, compliance, and strategic initiatives. He also maintains a subject matter expertise in healthcare law including governmental investigations, privacy law, and employment law.