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How do I ensure I don’t miss a career opportunity

It is critical that you focus on your natural strengths. Do not spend your entire career trying to fix your weaknesses, you will not succeed if you try and do that. To succeed, you need to work out what your natural strengths are. These aren’t strengths that you...

Should I be networking with other lawyers?

You should also be networking with other lawyers, definitely. The first reason is because other lawyers could actually end up referring work to you one day. I know a very successful family lawyer who invests a lot of time networking with other lawyers, and what...

Succession Planning: Selling your legal practice

We are delighted to be presenting at the Mornington Peninsula Lawyers’ Association meeting this Thursday 27 August, where we will be speaking about succession planning and selling your legal practice. Over the next few weeks we will provide you with useful information...

Succession Planning Part 4: Is your firm ready for sale?

Preparation is key to successfully selling your law firm on good terms. You can only sell your law firm once, and so, it is worth investing the time to make sure your firm is sale-ready to maximise your result. Outlined below are some tips to help you get your...

Succession Planning Part 3: What are purchasers looking for?

If you are looking to prepare your legal practice for sale, we have outlined below some common things that purchasers look for when purchasing an established legal practice: Consistent or increasing revenue and profitability for the last three years. Purchasers will...