Transactional Attorneys vs Litigation Attorneys

Just as there are different kinds of doctors, there are different kinds of attorneys. Most attorneys focus or limit their field of practice to certain areas, such as family law, real estate law, or mergers and acquisitions. But even then, some attorneys often specialize in how they practice the law within their own field. This is more true in certain fields such as business or real estate law.

I myself am a transactional attorney. A transactional attorney helps to facilitate a transaction which can, and often does, have different goals and approaches to being successful. My main goals as a transactional attorney are to protect the best interests of my client with their business negotiation, try to get my client the best risk adjusted return, and mitigate the risks.

How I go about doing this is by understanding the language of contracts, and knowing which language to use in each unique circumstance to help my client achieve their goals. One way to do this is to use modern contract language, as opposed to the language of decades past. By doing this, the non-attorney parties can understand the contract if everyone understands, so the theory goes, the risk of litigation caused by misunderstandings is reduced.

The nature of transactional law seems to be (and is probably required tobe) more collaboratory as compared to litigation. Usually, two parties come together wanting to get a deal done, with the belief that if the deal is done, they will benefit. If that is not the case, then no deal would be possible. As such, a client will typically come to me, and their frame of mind will be more along the lines of "This deal will be good for me, make sure it is, and make sure my interests are protected going forward."

And that is what I do. I help my clients get deals done, while protecting their interests going forward.