- Assuming U.S. law applies wholesale. Puerto Rico’s laws and court systems differ — so you need counsel familiar with local legal realities.
- Prioritizing price over expertise. A cheaper attorney might cost you much more long-term in legal risk or compliance failures.
- Hiring firms unfamiliar with regulatory agencies. Make sure your counsel can interface both with Puerto Rican agencies and, where necessary, U.S. federal entities.
- Neglecting litigation preparedness. Even deals can go wrong — ensure your firm is ready to defend you in court if needed.
- Overlooking communication clarity. Your firm should explain legal risks clearly and keep you updated — not simply send boilerplate documents.
