DEREO + BCT: A Framework for Regulatory Analysis

The poem "Melinda Mae" by Shel Silverstein tells the light-hearted story of a tiny girl who decides to eat an entire monstrous whale. Despite everyone telling her she's much too small for such an enormous task, she ignores the doubters, starts at the tail, takes little bites, chews very slowly "just like a good girl should," and persists over many years.

The key lesson learned from the poem is a fun yet powerful lesson about dedication, determination, discipline, and breaking big goals into small, manageable steps.

Mastering your craft of being an attorney to a highly regulated industry should never be complete. It's a destination you only asymptotically approach, always getting closer but never arriving.

Nevertheless, for attorneys just starting their journey of eating their own monstrous whale, there are tools you can put in your toolkit for demystifying these complex systems of regulation and markets. DEREO + BCT is an acronym-based tool that any lawyer, junior or seasoned, can deploy to embark on a fulsome and well-reasoned analysis of a highly regulated transaction. Over time, with dedication, determination, discipline, and breaking big goals into small, manageable steps, navigating highly-regulated transactions will become second nature.