At some point during their years of practice, most corporate or transactional lawyers will be asked to work on a legal opinion for the closing of a deal in progress in their law firm or legal department. Their assignment is to prepare the first draft of a closing opinion letter, which will be reviewed and revised by a partner or other more experienced lawyers, perhaps including a formal opinion committee. The letter is to be addressed and delivered to the other side at the closing – and is therefore called a “third-party” opinion letter.
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If you are a business, you should already be aware (from numerous news articles and…
If you are a business, you should already be aware (from numerous news articles and…
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