What is the best part of your job?
It’s really a combination of two activities. First, I really like talking with clients about their goals and what they are trying to accomplish. It’s fun and rewarding to help clients come up with different ways to structure and document transactions that satisfy the competing concerns of the parties, such as buyer/seller or lender/borrower. Second, I love drafting specialized and unique provisions of contracts that precisely and accurately capture the intent of the parties to the deal. Drafting often gives me the chance to work with some really talented lawyers, and that’s fun too. The variety of types of contracts is almost endless. While the “boilerplate” is important, it’s the “tailor-made” sections that are fun.
What are you most proud of in your practice?
I have had the good fortune to work in many different areas of law and business when I had no clue what I was doing. And, yet, I survived. Everything from small-time criminal matters to sophisticated tax planning. I even had the opportunity to represent a group of employees who were treated very badly. We put their former employer in involuntary bankruptcy and got the employees a little compensation for violation of the Worker Adjustment and Retraining Notification Act. It was probably one of the first “WARN” cases filed. I was called crazy by quite a few smart lawyers for that one, but there were some happy people when the checks went out. I guess I’m a product of the “fake it till you make it mentality.
Who has inspired you in your career?
Dr. Sarah Posey Morgan, a professor of business law and similar courses at the University of Montevallo, deserves a great deal of credit for my career. I majored in accounting at Montevallo and wanted to be a CPA. Dr. Morgan literally drove me to hear Warren Berger, a justice of the U.S. Supreme Court, speak at UAB. I loved his speech and wanted to be able to communicate like he did. Dr. Morgan told me I thought like a lawyer and should go to law school. She’s a great example of the power of a teacher. Frank Barefield of Abbey Residential has also been a source of inspiration. I bought him lunch at a Quincy’s restaurant in about 1986 or 1987 and asked him to send me some business if he could. Frank has always had a lot of confidence in me, and that, to me, is a source of tremendous inspiration. Frank and complexity are close companions and that’s good for a transactional lawyer.
Dr. Morgan told me I thought like a lawyer and should go to law school. She’s a great example of the power of a teacher. Frank Barefield of Abbey Residential has also been a source of inspiration. I bought him lunch at a Quincy’s restaurant in about 1986 or 1987 and asked him to send me some business if he could. Frank has always had a lot of confidence in me, and that, to me, is a source of tremendous inspiration. Frank and complexity are close companions and that’s good for a transactional lawyer.
Awards and Accreditations
•The Best Lawyers in America
•AV-Preeminent Martindale-Hubbell Peer Review Rating
•Birmingham Magazine, Top Attorney
•The Best Lawyers in America
•Banking and Finance Law (2012-2019)
•Banking and Finance (2017-2018)
•AV Preeminent Martindale-Hubbell Peer Review Rating
•Represents clients in many areas of business law and finance
•Represents clients with respect to real estate development
•Represents clients in Section 1031 tax-deferred exchanges
•Represents lenders and borrowers in both real estate and asset based loans
•Ten Sirote Attorneys Recognized by Chambers USA 2018
•Sirote & Permutt Announces 47 Attorneys Selected as The Best Lawyers in America for 2016
•Sirote & Permutt Attorneys Included in The Best Lawyers in America for 2015
•Best Lawyers Recognizes 46 Sirote Attorneys as the Best Lawyers in America for 2014
•Best Lawyers Recognizes 43 Attorneys from Sirote & Permutt as the Best Lawyers in America for 2013
•Birmingham Magazine Recognizes 17 From Sirote As Top Attorneys
•Alabama State Bar
•American Bar Association
•Alabama Society of Certified Public Accountants
•American Institute of Certified Public Accountants
•Birmingham Bar Association
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