It’s a tricky balancing act. A generalist could be slow to do what a more specialist lawyer would consider routine… and there would be a greater risk of error or missed opportunity. Too much specialisation, however, might mean that other lawyers would need to be involved to ensure that issues in related areas weren’t missed.
In the majority of cases commercial legal transactions or disputes tend to share a lot of characteristics - making them ‘general’ in a lot of ways. The specialist element is usually small. For this reason, it is usually not cost effective to go to a specialist simply because a transaction relates to or is described by a specialist area (for example sports law). The exception would be if there were elements requiring true specialism. For example, if you run a sporting goods business, your employment law or property law requirements are likely to be general, even though you might think you fall into a sports law category. But if you were looking for help managing licences for sports brands or counterfeiting dispute management, a specialist sports lawyer would be right for you. This is where Ravenna’s expert advisors can help, to break things down and work out what’s best for you and your business.
Want to find the right lawyer for your business? Book your free 30-minute consultation with one of our advisors by clicking here. We’ll talk through the options and suggest at least two law firms that we think are a good fit for your business. We aren’t paid any commission and you won’t be under any pressure to work with any law firms we put forward.