A service of

Ron Geffner, Founding Member of the Executive Committee of Sadis, on the day in the life of a fund formation lawyer


Key timestamps:

00:09: Introduction to ION Influencers’ Fireside Chats
00:40: Ron Geffner’s Background and Career
03:04: Understanding Fund Managers’ Motivations
06:01: Building Relationships and Trust
07:50: Selecting Team, Message, and Timing for Fund Launch
09:37: Guiding Clients and Managing Expectations
10:40: Addressing Regulatory and Strategic Considerations
12:05: Identifying Success Chances and Client Relationships
14:07: Strategic Introductions and Selectivity
16:15: Duration and Continuity of Client Relationships
19:32: Compensation Structure and Evolution
20:07: Compensation Structure in Closed-End Funds
20:40: Hourly Rates and Market Comparisons
21:24: Alignment of Interests and Compensation
22:19: Client Value and Reputation
22:49: Importance of Client Connection and Brand Name
24:48: Understanding the Commercial Marketplace
25:50: Impact of AI on Legal Practice
28:55: Importance of Hiring Courageous People
31:29: Conclusion