Practice Innovation | Case Study: Business Licensing Project
The Opportunity
A recently acquired company is now under the control of a firm private equity client. The client was facing pressure to ensure the recent acquisition held the appropriate licenses to continue to conduct business under their new ownership and structure without any unexpected legal issues. Thus, they requested Honigman’s assistance to research and apply for over 100 new business licenses required by local jurisdictions at a cost that wouldn’t unduly burden the business.
The Solution
Lead attorney Matt VanWasshnova collaborated with the Legal Project Management (LPM) team as well as the client to scope the workflow and specific steps for researching, drafting, and submitting applications. With the help of the LPM team and Tailored Staffing Resources – Honigman Review Attorneys (HRS), Honigman was able to complete the project within the expected time frame and with the efficiency and accuracy required by the client. Prepare the application documents Prepare
Submit documents to the client for signature Collaborate
The Solution
Submit
Send the completed application packet with payment to each jurisdiction Collaborate with client to answer
Send
Matt VanWasshnova Partner
application specific questions + ensure project is done on schedule
“By integrating Legal Project Management and Tailored Staffing Solutions, we streamlined the licensing process, ensuring efficient task delegation and clear communication. This approach enabled us to complete the project on time and under budget, exceeding the client’s expectations.”