Article 4/6: Developing Internal Successors Without Undermining the Current Owners
Internal succession is often the most attractive option for a law firm, but it is rarely the easiest. It promises continuity for clients, staff, culture, and brand. It can also…
Continue readingArticle 3/6: Making Your Law Firm More Saleable Before Succession
Value and saleability are related, but they are not the same. A law firm may be profitable and still be difficult to sell if it relies too heavily on one…
Continue readingArticle 2/6:What Is Your Legal Practice Worth? A Practical Guide to Goodwill and Net Assets
Valuing a law firm can be uncomfortable because it turns years of effort, client relationships, reputation, and goodwill into a commercial calculation. Yet a credible valuation is essential for any…
Continue readingArticle 1/6: Succession Planning for Law Firms: Why the Best Exits Start Years Before the Sale
A successful succession plan is not a last-minute transaction. For law firm owners, it is a staged business project that needs to begin well before retirement, merger discussions, or an…
Continue readingBuying, Selling or Merging With Other law Firms in 2021
View full article here – Buying, selling or merging with other law firms in 2021. By Jerome Doraisamy for Lawyers Weekly together with Sue-Ella Prodonovich of Prodonovich Advisory, Riana Steyn of Bartier Perry…
Continue readingAre SMEs well placed to scoop senior talent right now?
View full article here – Are SMEs well placed to scoop senior talent right now? By Jerome Doraisamy for Lawyers Weekly together with Sue-Ella Prodonovich of Prodonovich Advisory, Mary Digiglio of Swaab…
Continue readingFirm Mergers in the Midst of a Global Pandemic
Listen to the full episode with Sam Coupland for Lawyers Weekly Oversupply of lawyers means firm mergers will continue amid COVID-19 There was a “huge appetite” for mergers pre-pandemic, and the age of…
Continue readingA Merger of Unequals
As the merger activity in Australia and New Zealand continues to gather pace we are seeing a variety of deals being struck in order to get a result. Before any…
Continue readingLaw Firm Mergers: Why and How?
In March this year, I wrote an article citing the large number of mergers in the Australian and New Zealand market. Some of these mergers were quite public but most flew…
Continue readingChallenges in Selling a Legal Practice
Generational change in the legal profession of Australia and New Zealand has led to discussion around the value of a legal practice – is there any, or is it just…
Continue readingMerger Fever in the Air
2018 is shaping up as the year of the merger. Somewhat understandably, the legal media only report the larger mergers and there have been three of them – one concluded…
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