Jamie Sasson is a managing partner at The Ticktin Law Group. Mr. Sasson’s concentration is in the area of business law, real estate law, and commercial litigation. In this interview, he discusses attorneys’ fees, disclosure obligations, how an attorney can help with the sale of a business, and much more.
Key Points from our Conversation
- From a legal aspect, it is important to have a lawyer lined up in order to make sure paperwork is in order, and everything is being done legally.
- Sellers are given some lee-way to puffer their business, to make it sound good, but they ca not tell intentional mistruths, as that is fraud, if the buyer relies on the false statements to their detriment.
- Too many times numbers are presented in a way that is deceiving, so it is important that due diligence is done to make sure the deal is good and that money will be made at the end.
- As anything, it is all about compromise, as the lawyer needs to be paid for his services and the client needs to feel that he is getting a fair price.