We are commonly asked by our clients looking to exit their legal practice “who are my buyers?” We have found that currently purchasers are typically falling into 1 of the following 4 categories: 1. An established local firm – These purchasers are looking...
We are commonly asked by our clients looking to exit their legal practice “what are my options to exit?” There are 4 main options to exiting your legal practice. They are: 1. Merge your firm with another firm. 2. Sell your share to existing Partners or...
We are finding that more and more law firms are interested in recruiting talented lawyers who have been able to introduce new clients and build a client base, and it is for most law firms, an essential part of any application process for Partnership. Building a client...
5 things you will need to become a Partner: 1. Excellent technical ability in your area of law. 2. Be able to offer a high level of service to existing clients. 3. Be able to introduce new clients to the firm. 4. Be a contributor to advancing the firms...