Insight, Strategy, Action.

providing research, training & management advice to law firms throughout Australasia for the past 30 Years.

Insight, Strategy, Action.

providing research, training & management advice to law firms throughout Australasia for the past 30 Years.

Are Law Firms Valuable Businesses?

Are Law Firms Valuable Businesses?

Well managed, profitable, organised businesses with repeat customers are worth real money, why not law firms? We now have a large, successful, publicly owned law firm with a rising share price. It is not uncommon for small, successful firms to be purchased and sold. Many firms have retained goodwill in their balance sheet, sell interests to incoming partners and buy them from retiring or departing partners. So what are firms worth?

Read Article – Are Law Firms Valuable Businesses

 

Recent Articles

Profit-Sharing in Smaller Partnerships

06th November 2019

In my most recent article, I looked at some alternative options for profit-sharing among law-firm partners. All of the... Read More

A Merger of Unequals

22nd October 2019

As the merger activity in Australia and New Zealand continues to gather pace we are seeing a variety of... Read More

Splitting the Pie: Some Thoughts on Profit Sharing Among Partners

31st July 2019

According to the great David Maister, “Profit-sharing arrangements between partners are among the most difficult set of issues in professional... Read More

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