Unravelling the reasons behind failed law firm merger discussions
In the legal industry, mergers and acquisitions have become a prevalent strategy for law firms seeking to enhance their competitive edge, expand their client base, and bolster their expertise. However, despite the potential benefits, [...]
The Great Escape
The Great Escape 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 need [...]
Growing Pains
Growing Pains 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, acquisition or [...]
Employee Ownership Trusts – a “friendly” buyer for your law firm
Employee Ownership Trusts - a "friendly" buyer for your law firm “Not as much as you think” is the often-heard answer to the question “What is my law firm worth?”, and this was even [...]
How to forecast in times of uncertaincy
How to forecast in times of uncertainty Law firms have had to forecast their cash flows in order to understand their financing needs in the coming year and to substantiate their application for CBILS [...]
