We have a CPA firm that is just dynamite. We did employ one of the big name accounting firms, and we switched several years ago. The new firm specializes in co-op and condos and I see a night a day difference in knowledge and diligence.

We have a house counsel. In actuality it is an attorney who lives in the building and who handles the tasks such as closings and letters to those residents who violate rules or who are in arrears (very few and very low amount). Occasionally, this attorney will handle some litigious matters. For unusual cases, we may obtain the services of a specialty law firm, but not in all situations.