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

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

  1. Imagine a privately-educated north-London accent if you please.