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  #1097 (permalink)  
Old 12-09-2016, 01:48 PM
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Originally Posted by Unregistered View Post
Basically your entire job?
Obviously a quack. Anyone from the buyside worth his salt knows that transactional Lawyers play a critical part in structuring a transaction. A worthy buyside guy would know better than to slight his Lawyers. He knows that haggling over a few margin bips won't do much good unless the lawyer signs off on elephant-in-the room issues such as cross border withholding taxes, ad valorem taxes, FATCA and other deal breakers. Lawyers invariably sit with clients at the negotiating table and help secure favourable positions through skilfully conducted, painstaking negotiations.

Someone who claims to be from the buyside, yet claims that paperwork is all to a transactional lawyer's job, simply reeks of ignorance. An obvious fake/quack/poorly informed delusional wannabe. A true blue buyside guy wouldn't squander valuable time trolling a forum for professionals which he has no nexus or membership to.

Just ignore him.
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