Autumn is traditionally a busy time for Property lawyers, and
this year is shaping up to be no different. Our clients are keen to
do some interesting deals, before the Christmas festivities begin.
I'm really excited to have just got involved on a new development
project for a client I have worked with over the last few years. In
the last couple of weeks, one of the Real Estate partners and I
have attended meetings with the client to understand what the
project is all about. It’s my job to draft the Heads of Terms,
which records the basic principles of the commercial deal between
our client, who owns the land, and the developer. Once the Heads of
Terms are agreed, we'll be able to use these to put together the
more complex legal documents (like the Development Agreement). It's
fantastic to be involved at such an early stage of a project and be
able to help our client decide its strategy. It shows that to be a
good commercial lawyer, you need to fully understand your client's
particular business needs and concerns, as well as knowing the law.
Oh, and it helps to be able to turn your hand to a bit of bowling
too. We’ve got a department night out next week - at the All Star
Bowling Lanes in Bloomsbury. I have to say that up till now,
bowling has not been my greatest forte, but I feel sure that my
accuracy is going to improve after a couple of glasses of wine…I’ll
let you know how it goes!