Should You Hire an IPO Attorney?

Ipo attorneys

If you’re planning to take your company public, you’re going to want to hire an IPO attorney. Here are just a few reasons why.

There’s a Lot of Work to Do. – There’s a lot of work involved in taking a company public. You have to file all of the necessary paperwork with the according regulatory bodies, write a prospectus for potential investors, and implement a plan for the sale of private placement securities, and then public placement securities. At the same time, the show has to go on. The company needs to continue working. You can’t just stop doing your job to take care of all this work. Luckily, you can hire an IPO attorney to help you do it all. Corporate securities law firms can take care of any and all underwriting that may be needed.

It’s Very Complicated. – Not only is there a lot of work that needs to be done, but the work itself is very complicated. It’s actually recommended that a company hire an IPO attorney to help plan and take care of things about 14 months ahead of time. This is not only because of the incredible amount of work involved, but also because said work is so complicated.

There’s Big Consequences For Doing Things Incorrectly. – You don’t want to make any mistakes when taking care of your paperwork and your filing. The U.S. Securities and Exchange Commission catch the mistakes, and will take action if things are done according to the law. In 2014, the SEC’s enforcement division brought 755 cases, while also collecting an agency record of $4.1 billion. You don’t want to have to pay a huge fine for handling your private placement offerings incorrectly, for example.

If you plan on taking your company public, do the smart thing, and hire yourself an IPO attorney. You’ll be glad you did. These legal professionals can help you wade through the vast volumes of complicated work, and make sure it’s all done correctly.

If you have any questions about IPO attorneys
, feel free to share in the comments.