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Happy Friday and welcome to another edition of Axial Radar!
“Have you retained counsel to manage the legal considerations of the sales process?” It’s one of the first and most important questions that we ask CEOs looking to sell their business.
Hiring great legal talent can make or break a transaction. It can also make all the difference for the future of a business operating in a post-pandemic economy. According to a recent study from EY, lawyers are increasingly feeling the pressure from their C-suite employers to simultaneously manage costs, while also making sure to stay ahead of any regulation that may be coming down the pike in response to the pandemic. This week’s featured Industry Trends article analyzes how the current legal managed services model is being challenged and forced to adapt to meet the ever evolving needs of small and medium businesses.
Our featured buy-side members this week include a full service HVAC company, a strategic construction business, and a Vancouver-based private investment firm. On the sell-side we’ll introduce you to an experienced M&A advisory firm and an advisory firm founded by investment principals with over 40 years of combined experience.
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