More than 20 Latitude commercial real estate attorneys supported due diligence for a nationwide portfolio disposition over a two-phase, 24-month engagement.
A global law firm’s real estate practice group was advising a client with landholdings across the United States as it prepared to sell or transfer numerous parcels. Each property carried its own deeds, title records, leases, easements, and related agreements, and all of it required review ahead of closing.
The volume of work called for a large team of highly skilled commercial real estate attorneys. With the disposition unfolding in multiple phases, the firm needed additional attorney capacity that could expand and adjust as the scope and volume of the work evolved, without adding permanent headcount.
SOLUTION
Over the 24-month engagement, Latitude provided more than 20 commercial real estate attorneys, adjusting the team’s size and composition to meet the diligence needs of each phase.
The attorneys reviewed and updated deeds, title documents, leases, easements, contracts, and other property-related agreements, and prepared property abstracts. The team included attorneys with sophisticated commercial real estate, leasing, and finance experience, including former Am Law attorneys.
With a flexible attorney team that adapted to each phase, the law firm kept due diligence moving across its client’s national portfolio, parcel by parcel, through closing.
