Thirty years of practice between Bayonne and Pau have given us a network of professionals we know personally — not a list of commercial partners, but people we have seen at work, on real and sometimes difficult files.
We earn nothing from it. Fee-sharing with a professional who is not a lawyer is prohibited by the rules of our profession, and we receive neither commission nor referral fee. A recommendation is only worth something if the person giving it has nothing to gain from it.
Chartered accountants
This is the day-to-day partner. They keep the accounts, we handle the legal side, and most decisions are taken between the three of us: choosing the company form on incorporation, weighing salary against dividends before the general meeting, the annual approval of the accounts, preparing a sale. We never replace the accountant of a company that already has one — we work with them. To the others, we introduce two or three, and the choice is theirs.
Notaires
As soon as a property enters the transaction: contributing an asset to a company, splitting ownership into usufruct and bare ownership, a donation-partage of shares, a mortgage guarantee, the transfer of units in a société civile. The coordination between the notarial deed and the private agreement decides the timetable as much as the cost, and is prepared before the appointments are booked.
Wealth management advisers
What happens after the sale is prepared before the sale. The proceeds of a business sale call for choices — reinvestment in a holding company, life assurance, property, splitting ownership in favour of the children — several of which must be settled while the deal is still being negotiated, not once the price has been banked.
Insurers and brokers
Directors’ provident cover and pensions, key-man insurance, professional indemnity, ten-year building warranty, legal expenses cover. A warranty and indemnity is often backed by an insurance policy: it is the broker who sets the cost, and that cost enters into the price negotiation.
Banks, funds and lenders
Financing an acquisition, senior debt, vendor credit, regional development capital funds, honour loans. The firm has dealt with these people for thirty years and knows their criteria; a file presented in the form they expect saves several weeks.
Statutory auditors
Contributions in kind, conversion of a company, crossing thresholds, one-off certificates. Their involvement is sometimes compulsory, sometimes merely useful; in both cases it has to be planned in advance, failing which it delays the transaction by several weeks.