David Black | Avoid Deal Pitfalls & Learn Sale Must-Haves from an Expert M&A Attorney | Like a Champion Podcast #10

Join M&A attorney David Black of Berger Singerman, a seasoned expert with decades of experience, as David shares insider legal strategies that help businesses avoid costly pitfalls when selling. In this must-watch conversation with Wes, David reveals invaluable insights that could transform the way you approach business transactions. Whether you're an entrepreneur or an investor, you won't want to miss the wisdom that can help you navigate the complex world of mergers and acquisitions.00:00:00   Introduction and Purpose of the Podcast00:01:18   Dave's Background and Journey into M&A00:02:24   The Fun and Challenges of Sell-Side M&A00:04:37   Building the Right Team for a Liquidity Event00:11:33   The Importance of Specialized M&A Attorneys00:20:36   Common Deal Killers and Financial Pitfalls00:31:42   Engaging Advisors Early and Exit Planning00:35:50   Handling Key Employees and Management During a Sale00:38:00   Navigating Sign and Close Deals00:38:31   Managing Employee Communication During M&A00:41:03   Legal Risks in M&A Transactions00:42:42   Tax Implications of Asset vs. Stock Sales00:46:16   Impact of AI on Legal and Business Practices00:51:56   FTC Ban on Non-Competes: Implications and Opinions00:55:27   Career Advice for Aspiring M&A Lawyers01:04:41   Personal Insights and Recommendations***GET A ONE-ON-ONE, COMPLIMENTARY CONSULTATION with WES***https://sm2advisors.com/like-a-champion-podcast-request-a-meeting/***LIKE, SUBSCRIBE & FOLLOW*** Hear more great stories, actionable M&A tips, and leadership insights from Wes Shelton of SM2 Advisors and his guests. FOLLOW WES:https://www.linkedin.com/in/wes-shelton-fllhttps://x.com/wwshelton Sponsored by SM2 Advisors (https://sm2advisors.com)and Rebel Motor Company (https://www.rebelmotorclub.com)Produced by DTM Creative Solutions (https://dtmcreativesolutions.com)Logo & Website Design by PixelWorks (https://pxlwrx.com)