5 Ways Adding Value to Law Firms
Law firms are regularly called upon to assist a company during critical times. While law firms play a crucial and significant role, oil and gas consultants bring to the professional services group the targeted business, financial and operational acumen that are generally outside the scope of what attorneys do. Partnering with an experienced energy advisor can augment the professional services group with a targeted business experience that will help deliver seamless and comprehensive solutions to law firms' clients. Whether a company is in a difficult situation, such as financial distress, or perhaps under rosier circumstances where there is a major transitioning event like a sale, merger or IPO, consider rounding out your transaction teams with our experienced bench of consulting professionals. Here are five ways we add value:
Whether your needs are corporate restructurings and interim management or financial reviews and debtor services, delivering innovative solutions that address each situation for each stakeholder in the enterprise is critical for positive economic and operational outcomes.
- Dispute Resolution
You need a partner with deep expertise in assessing, advising and negotiating legal disputes at any stage, as well as providing litigation support and alternative dispute resolution services. Whether you’re in need of finding misappropriated funds, negotiating claims or calculating damages, you need a partner that can provide solutions to your unique needs and determine the most appropriate course of action.
- Valuation & Transaction Advisory
Energy companies need a partner that has deep energy industry experience that can deliver customized solutions for individual problems. Having added value to corporate and private equity clients on over $100 billion of public and private transactions globally, partnering with an advisory firm that assembles a seamless team of finance, tax, process and technology, due diligence and valuation professionals ensures that clients achieve financial and operational success.
- Reserve Engineering
You need experienced petroleum and reserve engineers that can apply a robust set of technical capabilities to deliver a complete, accurate and detailed assessment of the value of your assets. By combining reservoir engineering, geoscience evaluation techniques and advanced data analytics with economic analyses it’s crucial to partner with an experience staff with deep energy expertise that can deliver individual, customized solutions.
- IPO Support
Energy companies typically engage advisory professionals at the same it chooses its lead underwriter and securities counsel. Teaming with professionals with deep expertise in complex financial reporting can help management in understanding and navigating the registration statement reporting requirements and provide all available choices in complying with those requirements. Having a partner and advocate on your side that’s nimble in its ability to supplement existing resources or bring an entire team to lead an IPO allows you to make informed decisions.
"I recently worked with Opportune teams on three different deals. Each of those deals was complex, had very short fuses and was a 'company in the balance' type situation. Opportune brought the hard work and creativity to bear that resulted in the best possible outcome in each instance. The Opportune team is full of consummate professionals who can handle any situation and they are the first team I think of when one of my clients is faced with operational or financial challenges."
— Chris Dickerson, Partner, Paul Hastings LLP