Transactional Real Estate

 In this practice, there are three fundamental tasks: help entities acquire property, help them lease it, and help them dispose of it. The attorneys also work on property rights and easements, but that’s usually a smaller portion of the practice. This practice can include finance work if the attorney represents borrowers. The day-to-day work focuses on negotiation and documentation of transactions. People who like this practice like the fact that you can see the results of your work, buildings are tangible. It’s a practice area where you can become an expert. This practice provides a great deal of client contact, for better and worse. This work is project-based, which gives you a feeling of accomplishment. 

This practice focuses primarily on helping real estate development companies use or develop their property. It’s common for this practice to have a transactional aspect as a follow-on to the permitting process. This is a pseudo-governmental practice as these attorneys help clients manage the local and state approval processes. The day-to-day work involves project management, organizing logistics with regard to a wide range of professionals on a schedule to get the development through approvals, counseling clients with regard to these processes, presentation to and negotiation with governmental agencies, advising regarding local and state regulations regarding development and use of property. This practice is less drafting intensive than the transactional practice but these attorneys do review documents drafted by experts such as architects and planners. People who are drawn to this practice are interested in public policy.