Eric is a trusted deal lawyer with extensive M&A and capital markets experience. Having worked for elite law firms such as Kirkland & Ellis LLP and Gibson, Dunn & Crutcher LLP, Eric has worked on high-stakes transactions for clients such as Amazon.com, Jerry Jones, Banc of America Securities LLC, Palantir and Greenlane Holdings.
On this episode, Eric and Chris discuss:
- Starting the SMB Attorney Twitter account and launching the first Social Media-driven law firm
- A walkthrough of the process of closing on a business
- The realities of SMB searching
- Holdco's, Rollups and the Silver Tsunami
Links:
Eric on Twitter
SMB Law Group
Mundane Millionaires Podcast
The Fort w/ Rich Jordan
The Fort w/ Josh Schultz
Topics:
(00:01:57) Starting SMB Law Group - The first social media-driven law firm
(00:09:14) How different types of searchers approach acquisitions
(00:22:00) The Silver Tsunami
(00:23:52) The types of businesses Eric works on and the world of business brokers
(00:32:03) What makes a great buyer
(00:34:44) The process of closing on a business
(00:59:44) Installing a new CEO post-acquisition
(01:01:56) Management buy-outs
(01:03:17) Holdcos vs. rollups
(01:07:03) ChatGPT’s impact on the legal profession
(01:10:02) Reps, warranties, and insurance in SMB
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