Michael O'Koomian’s Post

Meet our director here at MOK Advisors, justin lundberg! Justin brings a unique perspective to the team here at MOK, being not only a business owner himself, but also a licensed attorney and real estate broker. While he acts only as an advisor in transactions, his ability to think about the places where additional value can be found is a distinct advantage when working with our team. For example, many attorneys are not used to drafting contracts in the industries where MOK represents clients, making Justin’s experience incredibly valuable. It allows him to think of potential pitfalls in the transaction structure, foresee possible solutions, and capture maximum value for clients as a trusted partner—and then communicate those solutions to the legal team working on the deal to best structure the outcome for our clients. Justin’s diverse first-hand background in all elements of the industry—as a business owner, attorney, real estate agent, and advisor—lends a best-in-class insight to help take deals to the next level. It’s this kind of specialization that makes the MOK family special. Whether you have multi-unit ownership in the fitness and health sector, amusement and recreation, car wash and commercial home services sector, or medical and beauty services sector, we have the experience of ownership and the understanding of expertise to make an impact in your representation. To learn more about Justin, or any of the members of MOK, visit the Team page on our website: https://lnkd.in/ezBWXhVC #FitnessBusiness #MergersAndAcquisitions #EmployeeSpotlight #BusinessSuccess #CorporateCulture #LeadershipJourney

This week, we’re welcoming our newest Practus partner, John Lubitz! John has more than 40 years of experience as a business/corporate services and real estate attorney. He counsels clients regarding all stages of the life of their business - from start up and entity formation to dissolution matters and everything in between. He often acts as outside general counsel, making him well versed in entity formations, general business planning, and transactional work. John’s practical and entrepreneurial business philosophy provides him with unique insights when working with emerging growth companies and established entities. Whether you need help with a complex real estate transaction, due diligence, developmental projects, or business and corporate services, John will bring his depth of experience and knowledge to each client. When he’s not practicing law, John enjoys spending time with his wife, Paula, and family, including his three granddaughters and German Shepherd, Rio. You can find them traveling, hiking, scuba diving, and enjoying the outdoors. Learn more about John here: https://loom.ly/1YNx7Xo #thepractusway #practuslaw #newhire #realestatelaw #corporateservices #businesslaw #ogc #generalcounsel #modernlawfirm

While this discussion was very NYC-centric where even commercial deals can be hard upon contract signing, it’s always a good idea to get and review the seller’s existing survey and title policy even before you get your title company on board. This came in helpful in a recent deal where I realized there was a material title defect (probably uninsurable) before the contract was finalized and signed. Yes, the title issues would have been discovered anyways, but we had a commitment from seller to cure baked into the contract, rather than relying on a title objection letter: a seller could always respond to a title objection letter with “no, we don’t elect to cure” and a buyer’s only choices at that point are to terminate the deal or close over the title defect.

If you are considering selling your commercial property, then my article will give you four top tips on getting your property ready for market. Read the article here: https://lnkd.in/eNPvf7hE If you would like to discuss anything mentioned, please do get in touch. Birketts LLP #CommercialRealEstate #LegalUpdate

What separates a successful deal from one that falls apart? Our panel of Dealmaking Masters will discuss their strategies and real-world experience of getting transactions across the line, regardless of market conditions. They’ll share how they’ve employed strategic foresight and negotiation finesse in navigating the complexities of high-stakes IP transactions. At the 11th Annual IP Dealmakers Forum, taking place November 6-8 at The Ritz-Carlton Key Biscayne, Miami, we’re bringing together leading experts to tackle these critical dealmaking challenges in the session, “DEALMAKERS’ MASTERS: GETTING DEALS ACROSS THE LINE” In this panel, you’ll discover: • Common and complex dealmaking hurdles – and how to overcome them • Lessons learned from top industry players across various sectors • Insights into why negotiations often break down and how to avoid it • Tips on knowing when to settle and finalize a deal Our panel of Master Dealmakers: Charles A. Eldering, CEO, CAsE Analysis (moderator) Noel Egnatios, CEO & Chief Legal Officer, DivX, LLC Alfred R. Fabricant, Managing Partner, Fabricant LLP Blair Jacobs, Partner, Spencer Fane LLP Francis Rushford, Managing Director & Head, IP Finance, Pretium This is your opportunity to learn from the best in the industry and gain actionable insights to successfully close deals. Only 3 weeks left, and seats are filling quickly for our fastest selling IP Dealmakers yet! Secure your spot today before it’s too late: https://lnkd.in/eKnhX4ra #IPDealmakers #IntellectualProperty #IPStrategy #IPTransactions

A common trait in those who lead is to take on too much. This quote from Jarrod Eckermann, CEO of one of the most successful businesses in property conveyancing in SA, the Eckermann Group, shows us why we need to think differently. Couldn’t agree more Jarrod! #focusmatters #perspectivesonfocus #focusquotes

🎉 **Celebrating All Wins!** 🎉 A little observation. As lawyers, we often say "Congratulations!" when helping clients complete on residential properties—it’s a major life moment for many. But in the world of business and investment transactions, it’s often more like, "Done. Next!" 🏗️ Every deal, big or small, personal or commercial, deserves recognition. For clients steadily building their portfolios, each success is a step forward. Let's make sure we celebrate **every win**—because growth is worth acknowledging! Plus, every deal I complete is simply adding to my portfolio and experience. It’s a win, win all round! #CelebrateSuccess #PropertyLaw #ClientWins #GrowthMindset #RealEstateLaw #consultantlawyer #uklawyer

A really useful guide of top tips ahead of selling your commercial property #commercialrealestate #birkettsrealestate #sellcommercialproperty

We may often be small business owners working on our own, but it’s surprising how often that changes to become a specialist team that work together to help someone achieve their business goals. I was one of the businesses Nicola kindly wrote this about me when she shared this post on LinkedIn: … ‘Our recent acquisition, and all the planning that went with it could only have happened with the help of many wonderful people…Anne Phillips – who has navigated me through the “legal stuff” and kept me sane through the ups and downs’… Nicola Combe (ASWW, MBA) Morecambe Bay Wills & Estates Limited Barkley Legal have a mission statement which is to make legal services understandable and accessible, so that everything is sorted. Pain, time and losses are avoided. To find out more, please visit our website: https://buff.ly/3KPkbhp #BarkleyLegal #LegalAdviceForSmallBusinesses #LegalDocumentCreation #SmallBusinessOwners #TuesdayTestimonial #NewBusinessStartUps #ClientAppreciation

You can be a partner with a thriving and successful practice doing very well. But unless you have portable client relationships, it is difficult to move firms. Why you might say? I made revenue of $10 million for this FY, I’m a gun! Well, it isn’t to say that revenue isn’t impressive, it is. But in a new firm move, the incoming firm wants to know what value you can add in terms of a practice, and 9 times out of 10, this comes from new client relationships to generate new work the firm does not already have. You may work with institutional clients of your current firm who would not move with you to another firm. You may work with senior partners who control the relationships with clients and leaves you to work on their matters, owned by them. And in both of these scenarios, you are very busy and profitable, but unfortunately without your own clients. And this might be fine if you really love your firm and never want to leave. But more often than not, partners like the freedom to decide their future without having it decided for them. So if you can, try to set aside some time each week to develop your own client relationships outside institutional clients or clients owned by others. Simply having 2-3 strong client relationships that would instruct you at a new firm will mean that if the time ever comes to move firms, you will have a practice to bring with you. #lawfirms #clients #portablepractice