A recent matter undertaken by ALFMA member Bennett Briegal LLP is a good example of growth by acquiring a team, rather than acquiring the entirety of a law firm.  You […]

One matter which is often given limited attention in merger discussions and documents is the valuation of Work in Progress (by which I include all unbilled work variously classed in […]

The acquisition activities of law firms make headlines in the legal press every week, but what are the trends to expect in 2021? Law firm strategy experts, Andrew Hedley, Andrew […]

We are currently seeing more “buyers” in the market than we have seen in the past 20 years. These firms have emerged from 2020 in a leaner state, with less […]

Last year I wrote an article for “Managing for Success” magazine looking at the topic of merger, acquisition or organic growth. Given the effects of Covid19 on the market, I […]

As firms pare costs and the pandemic endures, sceptics will assume that merger announcements are really about putting a brave face on financial distress. Our Chairman Andrew Roberts and ALFMA member […]

Whilst many people were able to work from home during the pandemic, helping their firm run ‘business as usual’, the strategic direction of the firm, especially those considering merging or […]

There are 8000 firms in England & Wales of between 1-4 Partners and a large majority of these will have Partners who are in the last few years of their […]

Tom Blandford continues his series on selling a law firm. Here he focuses on valuing the firm and discusses the value placed on goodwill and work in progress: How do […]