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KNOWLEDGE CENTRE
Equipping business and non-profit leaders with the essential insights


What Size of Transactions Does Outsiders Law Handle?
What size of M&A transactions does Outsiders Law handle?
Sebastian Elawny
May 33 min read


How Are Legal Fees Structured for M&A Transactions?
How are legal fees structured in M&A transactions?
Sebastian Elawny
May 24 min read


Do I Need Both a Lawyer and an Accountant for My M&A Transaction?
How do accountants and lawyers work together on M&A transactions?
Sebastian Elawny
May 24 min read


What Does It Cost to Buy or Sell a Business in Alberta?
How much will it cost me to sell my business? What can I do about it?
Sebastian Elawny
May 25 min read


How Do I Maximize the Value of My Business Before Selling?
How much can I get for my business? What can I do to make my business worth more? How do I sell my business?
Sebastian Elawny
May 24 min read


What is Due Diligence in an M&A Transaction?
What is due diligence in an M&A transaction? Can I avoid it?
Sebastian Elawny
May 25 min read


What is a Letter of Intent and Is It Binding?
Why do LOIs matter? Should I hire a lawyer to review my LOI?
Sebastian Elawny
May 25 min read


What is the Lifetime Capital Gains Exemption (LCGE)?
What is the LCGE? What can I do to take advantage of it?
Sebastian Elawny
May 24 min read


When Should I Start Planning to Sell My Business?
When should a start planning to sell my business? Longer than you think.
Sebastian Elawny
May 24 min read


What is the Difference Between a Share Purchase and an Asset Purchase?
Understanding the difference between a share sale and an asset sale is critical.
Sebastian Elawny
May 24 min read


How Long Does an M&A Transaction Take?
How long do M&A transactions take, and why? What slows them down? What can you do to speed them up?
Sebastian Elawny
May 24 min read


"It was in the data room" is not a defence
Post-closing disputes in M&A often start the same way. Something surfaces, a claim is threatened, and the seller's first response is that the buyer had all of the information. It was in the data room.

Curran Dutta
Apr 273 min read


Diligence finds the issues. Disclosure Schedules decide who bears them.
Due diligence and Disclosure Schedules are connected, but they are not interchangeable. One is investigative. The other is contractual. Treating them as the same exercise, or leaving the schedules to reflect diligence findings on their own, is where deals create problems they did not need to have.

Curran Dutta
Apr 83 min read


The importance of disclosure schedules in M&A transactions
Disclosure Schedules are a critical component of M&A transactions. They translate due diligence findings into contractual language and reflect the seller's understanding of the business. By treating them as a priority from the outset, you can help ensure a smoother transaction process.

Curran Dutta
Mar 203 min read


Director addresses are public: Maintaining director privacy
Did you know that directors' addresses are public? Here are ways to maintain director privacy.

Lex Klombies
Mar 172 min read


Law’s broken billing model
There’s an absurdity at the heart of legal billing: the more efficient you are at your job, the less you earn. In other words, the faster you solve a problem, the less you can bill for it.
Sebastian Elawny
Feb 182 min read


Building a better law firm: Four principles Big Law won't adopt
In previous posts, I shared my thoughts on “Big Law's” attrition crisis, retention failures, and the entrepreneurial paradox that drives away the best talent. This week: proof there is a better way. After 15 years in “Big Law,” I built Outsiders Law on four key principles.
Sebastian Elawny
Feb 42 min read


The Entrepreneurial Paradox: How “Big Law” weeds out future partners
Over the last few weeks, I've covered “Big Law's” attrition and retention crises. This week: the structural flaw that makes partnership impossible for those best suited for it.
Sebastian Elawny
Jan 282 min read


You can't wellness-program your way out of a structural problem
We care about your mental health. Here's a mindfulness app. Now go bill 2,000 hours." Big Law offers yoga while maintaining the exact structure causing burnout. Lawyers show stress at 1,200 billable hours—yet firms demand 1,700-2,000 annually.
Sebastian Elawny
Jan 202 min read


There is a “Big Law” attrition crisis that nobody knows how to fix
According to HR Law Canada, 47% of Canadian professionals report burnout, with legal professionals among the hardest hit. That's up from 33% in 2023. Nearly half who left “Big Law” cited burnout or stress. The trend is accelerating.
Sebastian Elawny
Jan 132 min read
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