The Bannon Law Group, LLC: Focusing on Real Estate
There are some real benefits to being a grown up, and having the names and numbers of professional problem solvers at-the-ready is one of them. Over a lifetime, successfully adulting comes with the realization that interdependence is far superior to independence, particularly when building a support system of trusted people who can fix leaky pipes, who know just the tweak to keep your little roadster running, who will maintain your pearly-whites, press your shirts with the exact right amount of starch, or keep you on the legal, straight-and-narrow.
Jim and Meredith Bannon, attorneys, partners, and principals at The Bannon Law Group, LLC, have seen a shift in how clients are utilizing their services. “There was a time when people only called an attorney in a crisis,” Meredith Bannon said. “We’re very open and we’re very approachable. People are finding they can call and run an idea by us, knowing we want to help prevent big mistakes.”
With over a decade of legal practice, including extensive litigation and trial experience, the Bannons have found the focus of their firm naturally honing-in on real estate transactions and litigation in response to what is happening in the local market. “Given the growth of the area, it’s kind of an organic thing,” Meredith Bannon said. “Right now, Bluffton is exploding and so real estate closings naturally grow as the market grows. As you have more people moving, more property changing hands, you’re going to have more litigation issues.”
Responding proactively to these changes, the Bannons have been reinvesting in the firm to enhance their ability to service everyone involved in the process. Expanding their office space about a year ago, the practice has added a full-time paralegal, bringing their team to three experienced real estate paralegals, and they have made a significant investment in bannonclosings.com, their secure real estate closings portal.
The portal is an online dashboard where all the information and documentation related to a specific real estate transaction is stored. “You log in and get instant status updates of where we are in the process,” Meredith Bannon said. “It allows a collaboration instead of sending e-mails back and forth.
“The focus for our portal was to collaborate efforts and make sure it was a spot where everybody can actually share information.” Access in varying degrees is granted to clients, attorneys, lenders, and the title abstractor. “It’s more of a focal point for the collection of information, versus each of us maintaining our own separate file. We saw it as not only a new thing to the market and a new way to service our clients, but a new way to add an additional service for our referral partners. We were very excited to create this, particularly for agents who might have multiple closings with us; they can get a status update on all their closings in one spot. To our knowledge, we are the only people in the state who have it.”
“Organization is such a big part of it,” Jim Bannon said. “What I think is great is, if you’re super organized, you’re really going to like it, because everything is so organized for you. And if you’re not organized, you are so thankful this is all taken care of; it’s all just right there where you can see it.”
Jim and Meredith Bannon, attorneys, partners, and principals at The Bannon Law Group, LLC
Alongside the uptick in real estate transactions, Bannon Law Group is seeing more claims of adverse possession. “Adverse possession is where someone moves onto a piece of property and acts as if it is theirs, even though it is not,” Jim Bannon said. “In South Carolina, there’s a benchmark at 10 years when you can come to own that property by adverse possession.” While working to determine rightful ownership, it is beneficial having a team like the Bannons who do not shy away from the courtroom experience, however, encourage sitting down and figuring it out before the process comes to full-blown litigation.
Having legal counselors like The Bannon Law Group in your circle of trusted, problem solvers gives you the ability to proactively address personal and business legal needs. “People are being more proactive,” Meredith Bannon said. “We want to mitigate problems so that when things do go bad, we all are very clear on our rights, obligations, our remedies. I am getting more questions about contracts: contracts of sale, contracts of employment, contracts of partnerships, contracts of service. I’m seeing more people having the faith and confidence to start a new business.” Wanting to protect themselves before problems arise, they are reaching out to their legal advisors and setting everything up with the protections that good advice and well-written contracts provide.