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Buying back the farm (and ‘I wish’ on the fees)

  • July 27th, 2009

I will not look a gift horse in the mouth by complaining about the warm DomPost mention of our new firm Franks & Ogilvie in  this story.

I’ve been surprised that no-one else has welcomed the prospect of getting some of our head offices back, as an upside of the global banking panic. I do not go along with the idea that overseas ownership does not matter. Of course control matters.

Some degree of foreign ownership is valuable. But it demoralises when it goes past a tipping point, simply because we’d rather sell assets and borrow than live within our means. A society of servants and tenants working for absentee bosses and landlords is not what  I want for me or my children.

This recession is a chance to help reverse the trend.

But the report also says Franks & Ogilvie will charge $600 per hour. I wish.

In fact the Franks & Ogilvie website sets out our approach to fees in much more detail than any other I’ve seen.  We’re negotiable. We believe in markets and scarcity pricing. Try us before we get too busy.



I’d rather see my money investing in well run foreign corporates earning a good return than 2% ROA on dairy farms.

  • Steve
  • July 27th, 2009
  • 9:16 pm

Hey Stephen,
I was surprised that you will be practising as a limited liability company. I know that chartered accountants can do so, but cannot do company audit work if they do practise as a company, but did not know that solicitors could do so.
When did that change come in?
Good luck with the new venture.

  • Cactus Kate
  • July 28th, 2009
  • 4:05 am

$600 an hour wouldn’t cover Mai Chen’s weekly shopping bill Stephen!

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