Comment on DIY your own deal or get proper expert help / ISC EAST / help K&K forum grow September 10, 2024

KEN KIRSCHENBAUM, ESQ
ALARM - SECURITY INDUSTRY LEGAL EMAIL NEWSLETTER / THE ALARM EXCHANGE
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Comment on DIY your own deal or get proper expert help / ISC EAST / help K&K forum grow
September 10,  2024

Help this forum grow

          This forum is, I believe, the largest distribution in the security and fire alarm, low voltage and electronic integration industries, and certainly the most read on a daily basis.
          First, let me assure you that the K&K email list is used exclusively for distribution of the articles, which is distributed by two separate bulk mailing services, as many of you know because you get both emails daily.  Emails are sent every day to the alarm industry; there is no charge for the articles.  The classified section, The Alarm Exchange, which is also free, is updated daily as needed, and I believe it’s the largest and most active classifieds in the industry, visited by the most in the industry. K&K does not sell or share the email list with anyone, for any reason.  We retain only emails, no names or other information. It’s free; you can subscribe all the addresses you want and you can always unsubscribe, though you won’t be able to re-subscribe that address.  So your email is secure.
          Now here’s the ask.
          I’d like to make the forum even more available by increasing the distribution, so here’s the “ask” and sweetener added in:
          Send me emails of those in this industry, one email on each line, and we will add them to the list.  Whether it’s your association list, for vendors to the industry your alarm dealer list, employee list, central station list, send it to me pasted on your email or as WORD or XL attachment. [this is not request for alarm customers list - the forum isn't for alarm customers]
          K&K will give you $100 credit against K&K contracts or Concierge Program for every 100 emails.  You can use the credit yourself or if an association raffle it off or use it for promotional purposes.  We will honor the credit to your “assignee”.  Thanks in advance for your efforts and assistance.
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Comment on DIY your own deal or get proper expert help from article on August 24, 2024

Ken
Great advice- there is an old saying that "a lawyer who represents himself has a fool for a client"- so much more so for a buyer or seller of an alarm property (or any other property for that matter)- to reiterate another old quote, that would be applicable here, "penny-wise and pound foolish"- one needs to be represented whichever side of the transaction you are on; there are always questions and issues that arise once you get past the initial good feeling handshake and agree to proceed with a transaction- if nothing else, when issues arise, and they always will, it is a lot easier and better to have your attorney negotiate those issues with the other side then try to do it yourself.
               By the way I would add that you should engage counsel even BEFORE signing a letter of intent outlining the terms and conditions of a transaction; I've seen some of those self- negotiated letters and I can tell you from experience, most of them don't reflect all the basic necessary terms that need to be addressed right from the start to avoid unnecessary issues (some of which can be significant) arising later on in the contract negotiations and then become much more difficult to resolve.
               Sometimes Ken and I don't always agree on all issues, but on this one he is 100% right on- if you are going ahead with your transaction I strongly urge you to take his advice. Good luck
Dennis M. Stern
Counsel,
Electronic Integration Industry Transactional Department
Kirschenbaum & Kirschenbaum
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Response
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          It’s true that Dennis and I don’t always agree, but I think he is learning and seeing the light…
          It’s interesting to see a client who has negotiated a deal to the point where most material issues have reached the handshake stage.  It’s really hit or miss if they considered all the points, especially fine points – those are the ones that tie you up at the closing of the transaction or come to haunt you after the transaction [when you think you’re free and clear and have already released your breath].
          It doesn’t matter how many transactions you’ve had, it can’t be close to what an experienced attorney has seen.  Yes, it can be well above the head of an attorney who is not expert in this industry, because this industry, like just about every other industry, has its own peculiar issues to consider.
          There are few attorneys who have seen as many deals as K&K in this industry, and none who have both transactional and litigation experience.  Seeing things from hindsight even when first entering into negotiations is a huge advantage, one you are wise to avail yourself of.
          Selling or buying?  Call me or a member of K&K’s transactional staff, today.
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ISC East - private meeting
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I'm considering going to ISC EAST if there is sufficient interest in private meetings during the day. If you're interested in a private [yes, it's free] meeting please contact Stacy Spector,Esq at 516 747 6700 x 304 or SSpector@Kirschenbaumesq.com. Concierge Clients will have priority. Thanks.

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Ken Kirschenbaum,Esq
Kirschenbaum & Kirschenbaum PC
Attorneys at Law
200 Garden City Plaza
Garden City, NY 11530
516 747 6700 x 301
ken@kirschenbaumesq.com
www.KirschenbaumEsq.com