Getting profit-sharing arrangements right in a merger
A merger makes sense if the new firm is better able to compete than either of its antecedents. For some firms, ‘compete’ means that the merged entity simply has a […]
A merger makes sense if the new firm is better able to compete than either of its antecedents. For some firms, ‘compete’ means that the merged entity simply has a […]
“Don’t worry about the implementation, that’s tomorrow’s problem. Just focus on getting the deal done” figures high on the list of comments which betray the naivety of those negotiating mergers. Of […]
In this case we achieved a successful exit for a firm with an ageing partnership. It involved a long established firm in a major city. The firm had 5 partners, of […]
Any merger should seek to build a sustainable competitive advantage. What this means in practice is that vision is needed to create a client proposition which is more compelling than […]
In this article we look at the practicalities of succession planning for private client firms, either through selling the firm or bringing in new partners – and what retiring partners […]
A merger provides a host of opportunities to right-size. Some arise directly from the merger itself. Others will be realised because ‘all bets are off’ in a newly-merged firm, providing a […]
In a strategy which is merger based, it is important that there is a clear vision of the future, which is easily understandable and provides a strong rationale as to […]
I was speaking at the Local Law Societies conference recently and a theme that kept on cropping up was that junior partners are no longer keen to buy in to […]
“What is my firm worth?” is the question that we are most frequently asked when dealing with small firms where partners are looking to retire – i.e. an acquisition. This […]
Change in the legal market continues at a pace. This creates an exciting opportunity for law firms that are looking to grow. There are three main ways of growing: merger, […]