A Tale of Two Sales

The merger and acquisition market of law firms in Australia appears to have gathered pace this calendar year. Already I have undertaken 11 valuations – with five of these being…

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Buying, 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…

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Are 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…

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Firm 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…

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Sharing Profit and Millennial Partners

The millennial generation, born from 1981 to 1996 (or thereabouts), now 23 to 38 years of age (or thereabouts), are THE succession plan for most law firm partnerships. I wonder…

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Equity: From Goodwill to no Goodwill

In recent years I have been engaged by a number of firms to change their equity arrangements and transition from a ‘goodwill firm’ to a ‘no goodwill firm.’ The push…

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Law 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…

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Succession – Large Firms

When it comes to succession in larger firms there are a number of facets that need to be considered – transition of clients from one generation to the next, the…

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Green Shoots Showing in Australia and New Zealand Legal Markets

After a number of years of patchy performance, the legal market in Australia and New Zealand appears to have found its feet and is performing strongly – that said, those…

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Successful Succession

As has been predicted for a while now, the legal profession is undergoing a significant transfer of ownership and clients from one generation to the next. This is happening whilst…

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Due Diligence – What to Look for Under the Bonnet

In recent months I have been working with a number of firms going through the process of either merging firms or involved in a sale and purchase. That this activity…

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