OUR CORE SERVICE
INVESTMENT LEGAL SERVICES
FOR INVESTORS
The 2024 Compensation and Talent Planning Report by Botoff Consulting and Somers Partnership highlights that
77% of family offices in the Americas, 75% in Europe and 80% in other areas, cite a talent shortage as their main recruitment issue.
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With a global talent shortage and fierce competition to attract talent, compensation gets driven higher.
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The specialist lawyers needed for investments are often absent from close-knit family office networks, as they are drawn to
large financial institutions that offer career advancement, exposure to significant deal flow and the credibility that comes from working for an employer with public brand recognition.
Attracting top talent from large financial institutions is a challenge for family offices where privacy is paramount, limiting brand awareness in the public domain; operations are lean, limiting career advancement; investments are opportunistic and made periodically, limiting the exposure to deal flow and thereby limiting experience in the long run; and cultural fit is essential with confidentiality and discretion being key, leading to hiring being predominantly via personal networks from a close-knit community, which is no longer a viable option, given that is not where the requisite expertise now lies.
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The above issues are not exclusive to family offices, as other types of investors face similar limitations with conventional methods for legal coverage and have the same need to have specialist lawyers to represent their interests.
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PSG Consult Counsel Ltd addresses the issue of a talent shortage; the challenges of hiring requisite expertise; and the limitations of conventional methods for legal coverage, by offering investors seasoned, specialist in-house lawyers that have worked in banks, as independent board directors of offshore special purpose vehicles and funds in the Cayman Islands and who now exclusively represent investors, primarily family offices, by offering Investment Legal Services flexibly, when investors invest, when lifecycle events on investments occur and if restructurings or disputes arise.
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By changing sides to represent investors instead of banks, insights into the structuring of investments by banks and the tactics of the law firms representing the banks, are shared with investors, together with our experience of having been in private practice, in-house, in the business and in the offshore market, providing a unique perspective on investments from a variety of angles.
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With up-to-date specialist knowledge from our industry network and deal exposure, our pre-vetted, seasoned, specialist in-house lawyers, work seamlessly with investors' law firms to fill any gaps in product knowledge, to give investors the optimal legal protection needed when making investments.
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for the limitations on conventional methods for legal coverage.
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See Why Us
for how we have addressed these limitations and offer a compelling alternative.
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For details on what Investment Legal Services cover, click on "Read More" below.
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OUR OTHER SERVICES
GC CONSULTING SERVICES
FOR START-UPS, SCALE-UPS, FINTECH AND CORPORATES
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Start-ups and scale-ups may not be at the point they need, or can afford, the overhead costs of hiring a permanent general counsel (GC) or a fully functioning in-house legal team. They may only need assistance on an ad hoc basis for a given project or for a busy period. Once they have secured the requisite rounds of funding and are able to create or grow their operational infrastructure, a GC can help fledgling and growing entities to ensure they have the foundations of good governance, regulatory compliance and robust commercial contracts as well as help manage their legal risk and legal costs.
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PSG Consult Counsel Ltd, appreciates that a full time GC may be an expensive overhead cost. We, therefore, offer GC Consulting Services in the form of fractional GCs that can be retained flexibly be it for a few days a week or for a given period, as a cost-effective alternative to a permanent GC hire.
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We provide a GC as a senior in-house lawyer to free up staff so they can generate business and not do what an in-house lawyer should be doing for them; to review and negotiate commercial contracts; manage legal risk; manage legal budgets; ensure regulatory compliance; ensure good governance by drafting and reviewing policies and procedures; setting-up and/or maintaining relationships with law firms on law firm panels; and challenging legal advice and law firm fees to ensure robust legal protection and value for money.
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Fintech and Corporates that are backed by Private Equity Firms may need to grow or need a turnaround with
a c-suite that need guidance from a GC.
PSG Consult Counsel Ltd offers GCs with experience of restructurings, change management and the strategic thinking needed to accomplish, successful corporate turnarounds. GC Consulting Services are offered for
long-term or short-term arrangements, as needed.
ADVISORY CONSULTING SERVICES
FOR SPECIALIST LAW FIRMS AND ADVISORY FIRMS
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Specialist litigation law firms that represent investors may require assistance with reviewing transaction documents to determine breaches and to assess which party may be at fault, as they are not product specialists. As transaction documents do not reflect what may have occurred operationally, the facts are needed to assess liability, merits of a claim and to formulate an effective litigation strategy.
Specialist litigation law firms representing investors may try and partner with a law firm that has product expertise to review transaction documents to determine merits of a case, but leading law firms with product expertise tend to represent the banks that structure and sell the investments that may be the subject of the litigation. The banks require leading law firms to sign terms and conditions that prevent them from acting against the banks in contentious matters in order for the leading law firm to be on the law firm panel of the banks and get a pipeline of work. This means the specialist litigation law firm may be unable to access leading law firms with product expertise, instead they are left with law firms that are conflict free as the banks do not hire them as they lack the expertise needed. Furthermore, such law firms tend to not have knowledge of operational and booking issues or have a network of service providers that can help with investigations of cash, collateral or other asset flows. ​
PSG Consult Counsel Ltd, however,​ offers Advisory Consulting Services to specialist litigation law firms where we provide our specialist lawyers that have the product knowledge to conduct transaction document reviews and we can also investigate what happened operationally, by leveraging our network of corporate trust, agency, custodians and fiduciaries that we have worked with in investment banks and in the offshore market. As a result we provide a one-stop shop for specialist litigation law firms that need documentation to be reviewed and fact gathering services to enable them to produce an effective litigation strategy.
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Specialist financial regulatory law firms may need assistance with navigating the internal jargon used in banks, from desk names, coverage and committees when assisting with regulatory implementation
and may also need specialist product expertise to assist them in their analysis for regulatory implementation.
Whilst specialist financial regulatory law firms may try and partner with a law firm that has product expertise, such a law firm may lack the insights on banks that they need.
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PSG Consult Counsel Ltd offers Advisory Consulting Services whereby specialist lawyers have the product knowledge needed to assist with regulatory implementation and having worked in investment banks, can explain the internal jargon and provide insights on which desks may be affected and the expectations of internal bank committees, to enable specialist financial regulatory law firms to better serve banks as clients and to present as being well-informed when pitching for work from banks. We, therefore, provide a one-stop shop to specialist financial regulatory law firms.
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Advisory firms that offer valuations, expert witnesses, distressed asset claims trading expertise, litigation funding expertise and general governance advice, may need specialist lawyers with the product expertise to assist with assessing the merits of claims and appropriate governance.
PSG Consult Counsel Ltd offers Advisory Consulting Services by providing specialist lawyers that have worked on complex valuations; with expert witnesses; with distressed assets claim traders; and litigation funding providers.
We can provide the necessary legal support as well as offer insights from having worked in Lehman Brothers to resolve the estate and having worked on a variety of distressed assets such as Structured Investment Vehicles mired in sub-prime. Our knowledge is from having been within the entities themselves or within the banks that led the restructurings, unlike law firms who have advised from the outside without being involved in the intricacies themselves. We provide the product expertise for document reviews and we leverage our network of corporate trust, agency, custody and fiduciaries to investigate the facts to enable an assessment of the merits of claims.
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For details on what GC Consulting Services and Advisory Consulting Services cover, click on "Read More" below.
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