Let’s go straight to docs: Difference between revisions
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{{a|negotiation|}}A statement only a [[private practice lawyer]] would say, usually in the context of a lack of time or resources. I.e., “Oh cripes that time line is hyper-aggressive, and this could all go totally [[pear-shaped]]. We don’t have ''time'' for a [[term-sheet]]; let’s just crack on and go straight to docs.”<ref>Imagine a privately-educated north-London accent if you please.</ref> | {{a|negotiation|}}A statement only a [[private practice lawyer]] would say, usually in the context of a lack of time or resources. I.e., “Oh cripes that time line is hyper-aggressive, and this could all go totally [[pear-shaped]]. We don’t have ''time'' for a [[term-sheet]]; let’s just crack on and go straight to docs.”<ref>Imagine a privately-educated north-London accent if you please.</ref> | ||
Look: if you are doing an [[NDA]], ''maybe'' there is some sense in that — though none in engaging a [[private practice lawyer]] in the first place. (What are you? ''Mad''?) | Look: if you are doing an [[NDA]], ''maybe'' there is some sense in that — though none in engaging a [[private practice lawyer]] to do an NDA in the first place, of course. (What are you? ''Mad''?) | ||
In any situation where engaging [[external counsel]] ''does'' make sense, then dispensing with a [[termsheet]] is a charter for ''utter disaster''. | |||
{{sa}} | {{sa}} | ||
*[[Private practice lawyer]] | *[[Private practice lawyer]] | ||
{{ref}} | {{ref}} | ||
Revision as of 14:56, 9 June 2021
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Negotiation Anatomy™
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A statement only a private practice lawyer would say, usually in the context of a lack of time or resources. I.e., “Oh cripes that time line is hyper-aggressive, and this could all go totally pear-shaped. We don’t have time for a term-sheet; let’s just crack on and go straight to docs.”[1]
Look: if you are doing an NDA, maybe there is some sense in that — though none in engaging a private practice lawyer to do an NDA in the first place, of course. (What are you? Mad?)
In any situation where engaging external counsel does make sense, then dispensing with a termsheet is a charter for utter disaster.
See also
References
- ↑ Imagine a privately-educated north-London accent if you please.