https://berkonomics.com/?p=5534&utm_source=rss&utm_medium=rss&utm_campaign=can-your-lawyer-destroy-a-good-business-deal-2 Dave Berkus' business insights Thu, 07 Mar 2024 17:42:18 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://berkonomics.com/?p=5534&cpage=1#comment-163582 Thu, 07 Mar 2024 17:42:18 +0000 https://berkonomics.com/?p=5534#comment-163582 Great article Dave.
In 1994 my first startup, had a proposal from Sony Music for a large equity investment. We liked the deal, senior management at Sony liked the deal (they had solicited us). In the limo on the way back from the initial meeting in NYC we had agreed in principle on terms and were all feeling celebratory. Our lawyer takes a sip of his scotch and says “Don’t get too cocky Boyd; lawyers kill deals.” and they did, over the course of a year… Was the beginning of what I call my MBA by fire. (or really, just a business ass-kicking)

]]> https://berkonomics.com/?p=5534&cpage=1#comment-163555 Tue, 05 Mar 2024 20:59:21 +0000 https://berkonomics.com/?p=5534#comment-163555 The answer is yes!!!! Had that happen and that is why I find lawyers that have a different perspective ie. I ask the question ….is it defensible?

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