Reputable lawyer Eric Krautheimer has been practicing corporate law for more than two decades. He currently serves as a mergers and acquisitions lawyer and partner at Sullivan & Cromwell, LLP. Working at the firm’s Los Angeles office, Eric Krautheimer advises clients on shareholder activism and helps them buy and sell companies.

1. Eric Krautheimer

2.  Reputable lawyer Eric Krautheimer has been practicing corporate
law for more than two decades. He currently serves as a mergers
and acquisitions lawyer and partner at Sullivan & Cromwell, LLP.
Working at the firm’s Los Angeles office, Eric Krautheimer
advises clients on shareholder activism and helps them buy and
sell companies.
When merging companies, an action plan can be extremely
helpful. Mergers require a clear action plan that members from
both businesses agree upon. This prevents arguments about a new
entity’s overall process and growth plan that could delay the
ultimate merging of two groups of employees. A clear action plan
also ensures that everyone knows what the ultimate goal of of the
merger. Although it might seem relatively unimportant, having
one company functioning as if it is still two can drive production
down and create growth problems.

3.  Even if there are not any major changes that either company
has to go through, it’s important that real integration is
promoted.
While mergers often result in a focus on the two teams who
will be joining together, a company cannot forget about its
customers. Ideally, the two cultures of the merging
companies should already mesh well. This prevent major
clashes between how the different groups of employees
function and ensure continued customers continue to get the
same feel even when dealing with the new entity. Significant
effort should be put into maintaining customer satisfaction
during the transition period so the customer base of both
companies remains in tact. It may also be helpful to create a
transition team to help both the employees and customers
get used to the new business.