So why “Rules of the Game”? After all, corporate transactional lawyers aren’t generally known for their frivolity, and most think of games as just that, trivial exercises in fun-making that have little bearing on our day-to-day lives. In truth, the name was chosen for two reasons, only one of which was really focused on the fun (and we’ll get to that in Pt. 2). The other (and arguably more important) reason was to answer a question we’ve faced from any number of our prospective clients: “Why do I need a lawyer?”.
Watching Law and Order, the Good Wife, Suits, or any of television’s other approximately 4 million legal dramas, it doesn’t take a rocket scientist to see why you would want a lawyer when facing litigation or prosecution. Apart from their dashing good looks and above-board approach to justice and ethics (we’re talking about the TV versions here), only lawyers understand the ins and outs of our oft byzantine court system and the rules that can help exonerate (or condemn) their clients. After all, while one may have dreams of shouting “hearsay”, “objection”, or “facts not in evidence” at their local court judge, it is the lawyer that knows what those terms mean and when it might be appropriate to shout them.
But we at Hoeg Law are (as I’ve had to explain to disappointed family and friends) “not those kind of lawyers” (TM). Still, the notion of needing to understand the “rules” of corporate governance and of contract law is just as important (and potentially more so given their less obvious and apparent nature), especially when millions of dollars are on the line.
Continue reading “What’s in a Name? Pt. 1”