Boutique corporate law firm Singapore – As a business grows larger in Singapore, it tends to do deals with external parties or the number of internal shareholders in the company increases which requires you to set out in black and white the rights and obligations of parties.
This article highlights three key things to note when looking for a boutique corporate law firm in Singapore.
#1: Why choose a corporate law firm in Singapore?
Many business ventures like to work with boutique law firms as such firms provide more choice to the business ventures in terms of personalised attention by the partners of such firms. However, depending on your type/scale of your business, such attention is also available in medium and larger law firms.
Boutique corporate law firms may also be more flexible in terms of time spent for each of your matters. Do check with them.
#2: What benefit can you get from choosing a law firm in Singapore?
Many firms in Singapore especially the larger law firms actually turn down with if the matters are too small and such enquiries will usually be routed to a boutique corporate law firm instead. Another benefit of working with a law firm is that they are usually less likely to face a conflict of interest against a larger corporation counterparty to your transaction (usually financial institutions). Some of the boutique corporate law firms have less internal billing so they may be slightly more flexible on the legal fees charged.
#3: How to choose a corporate law firm in Singapore?
Some people choose boutique corporate law firms via referrals from friends, others choose such law firms based on articles they write online. We would suggest you choose a boutique corporate law firm based on competency and specialisation. Do ask the law firm whether they have experience in your area and how many deals have they done in the past. Some of the firms will also have the track record on their website setting out past deals that they have done for you to gauge if the boutique corporate law firm is a good fit for your business.
In conclusion, each new corporate transaction for a fast growing business represents a new beginning for the business. We would suggest that you engage a good boutique corporate law firm to undertake your corporate transactional work.
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Click here to speak to a specialist Corporate Law Practitioner today to advise you on your corporate transaction today. The corporate law team has acted for a diversified client base including transactions involving several hundred startups across the startup eco-system in Singapore and for private equity fund deals and is well placed to help you in your corporate transactions.
