Stuart Recher 🦜

UK Dad. Go Duke. Lived on an island for 15 years.

[Ivan the K™ @IvanTheK]

What better way to show your appreciation for the American worker on Labor Day than with a video of robot manufacturing?

What the actual fuck?

[Stuart Recher 🦜 @sjrecher]

@realEstateTrent @compliantvc would love this outcome

[SMB Attorney @SMB_Attorney]

They had a secret clock that no one else could see, that apparently wasn’t synced with the stadium clock, and then took 3 hours to release an official statement explaining it in the weirdest font imaginable.

That clears everything up. I retract all my criticism.

[Stuart Recher 🦜 @sjrecher]

@compliantvc I hope not - it’s after working hours

[Infinite Books @infinitebooks]

In 1847, Søren Kierkegaard wrote to his sister-in-law, who was too depressed to get out of bed

He had one piece of advice

[Stuart Recher 🦜 @sjrecher]

@joecarlsonshow Is TikTok too addicting?

[Stuart Recher 🦜 @sjrecher]

Community note for the win

[Governor Josh Shapiro @GovernorShapiro]

This week, I enacted the strictest requirements IN THE NATION for AI data centers… but now I need your help.

We’re launching a new website where you can tell us about data center projects in your area and your concerns about them.

Your feedback — in person, over text, in my comment section — helped inform the Executive Order I signed this week that will block bad projects if the local community doesn’t want them. And your voice will help us stop bad-faith developers who try to bully their way into our communities with no regulation or oversight.

Thank you for raising your voice — now we need your help. Link below.

[Stuart Recher 🦜 @sjrecher]

@moseskagan @iononrecourse Worked pretty well for me. Also, make them learn to drive on a stick shift. They’ll thank you later.

[Stuart Recher 🦜 @sjrecher]

@London_W4 Congrats!

[Stuart Recher 🦜 @sjrecher]

Impressive!

[SMB Attorney @SMB_Attorney]

Alright, here's the big news I was teasing yesterday:

I'm still having a hard time believing it's real.

@smblawgroup was just named a finalist for The American Lawyer's 2026 Best Corporate Practice (Small/Midcap Deals) award.

For non-lawyers: This is not pay for play (you don't even pay to apply). The American Lawyer is THE publication in the legal industry. They publish the Am Law 100, the ranking every big firm in America lives and dies by. Their awards are judged on actual deal work by their editors and outside judging panels.

Objectively these are probably the most prestigous awards in the entire legal profession that everyone is competing for, guys.

There are 7 finalists. Here they are:

Covington & Burling
Cozen O'Connor
Hughes Hubbard
King & Spalding
McGuireWoods
Morgan Lewis

…and us.

Lol.

Those firms have thousands of lawyers, offices around the world, century-old brands and billions in revenue.

Four years ago we were a few guys with a couple of X accounts and an idea that entrepreneurs buying small businesses deserved really, really good lawyers too.

That was basically the whole business plan.

No offices. No institutional clients. No brand.

We just answered the phone, treated people well, did great work and tried to get a little better every day.

At some point we started joking that maybe we should stop trying to be the best "small" firm and just try to be the best lower-middle-market M&A firm in the country. Against everyone.

An objectively insane goal.

And now The American Lawyer looked at our little firm and decided we belong on a list with six giants.

Do I think we'll win? The smart money is probably on no. 😂

Honestly, that's fine.

Because we set out to prove that a boutique can go toe-to-toe with anybody. That small business owners shouldn't have to choose between world-class legal work and lawyers who actually care about their deal.

And here's the part that might matter most.

This isn't just about our firm. The biggest legal publication in the country just put ETA/SMB/independent sponsor (lower-middle-market) deals on the same stage as billion-dollar M&A.

Searchers, independent sponsors, HoldCo builders, the people buying "boring" businesses nobody on Wall Street pays attention to. This space isn't fringe anymore. It's a real, sophisticated corner of American M&A, and now it's being recognized like one.

You all built that. We just get to be your lawyers.

So let me say the thank yous, because none of this happened alone.

To our attorneys, paralegals and ops team: you're the ones grinding through diligence at 11pm, running the checklists, answering the panicked Sunday texts and closing 400+ deals without ever letting quality slip. This award has your fingerprints all over it.

To our clients: you took a chance on some lawyers from the internet when the "safe" move was hiring a name you recognized. You trusted us with your life savings, your SBA loans, your one shot at buying the business. We never forget that. This is yours as much as ours.

To this community: the searchers, sponsors, operators and mutuals who referred friends, shared our stuff and rooted for us since we were nobody. You built the ecosystem. We just grew up inside it.

And to @KHendersonCo and @Sam_Rosati: thanks for being crazy enough to build this with me.

We find out in November.

For now, back to work.

[Stuart Recher 🦜 @sjrecher]

Never seems to come up in the ‘no brainer to buy a house’ discussions

[StripMallGuy @realEstateTrent]

If you buy a $2M house with $400k down and then need to sell it a year later at the same price - the commission is 5%, which means you wipe out 25% of your equity.

[Sara Eisen @SaraEisen]

In Loudoun Virginia home to more than 200 data centers, tax revenue from data centers has exploded. As a result, over the past 10years, they lowered the real property tax rate every year from $1.145 in tax year 2016 to $0.805 cents per $100 in assessed value for 2026.

[Ryan Burge 📊 @ryanburge]

When Boomers start dying off, nearly every major American religious group is going to be in a load of trouble.

It's going to impact Southern Baptists and United Methodist at nearly the same time. Nearly half their adult members are 60+.

The only large traditions that will escape this are Catholics and LDS.

[Stuart Recher 🦜 @sjrecher]

@CliffordAsness Even funnier that it’s your profile pic

[Stuart Recher 🦜 @sjrecher]

@London_W4 How do you manage that gluten free?

[Stuart Recher 🦜 @sjrecher]

Great thread… pick up the phone and make your luck happen

[StripMallGuy @realEstateTrent]

One of my favorite things to do is speak candidly with the next generation of people entering the real estate business.

Last week was another example, as I had the honor of speaking with a group of interns here in New York City.

Here are some of the things we discussed:

[Stuart Recher 🦜 @sjrecher]

☘️

[StripMallGuy @realEstateTrent]

We have three kids, including a 7-week-old.

They are all asleep.

My wife just left the house to meet friends for dinner. This is the first time I’ve been alone with all three of them.

I have no plan, nor do I know what will happen if any or all of them wake up.

She told me to give the baby a bath when he awakes.

My only plan is to hope none of them awake tonight. Yes, hope is my only strategy.

That’s it. That’s the post.

[Stuart Recher 🦜 @sjrecher]

@senatorshoshana 3m privacy screen time

[Frontierism @frontierism]

He’s from Texas I can tell

[Stuart Recher 🦜 @sjrecher]

@London_W4 Very kewl. How fast are those low riders?