law firm succession plan

Scale Up: Expanding Your Legal Practice Through Law Firm Acquisitions

“Acquiring a law firm is more than a growth strategy—it’s a way to accelerate your firm’s value by bringing in established revenue streams and client relationships.” — Jonathan Hawkins “In today’s market, law firm acquisitions offer an unprecedented opportunity to gain both clients and skilled staff, allowing firms to scale with less risk than organic […]

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Friday Mailbag: Business Value in a Crisis & Earn-Out v. Fixed-Price Sale

Last week, we responded to questions about the various provisions of the CARES Act, which were critical for businesses as they navigated the Paycheck Protection loan applications. This week, for our second installment of our Friday Mailbag series, we had two more great questions from clients who are still trying to figure out how their

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internal transfer misconceptions

Two Critical Misconceptions about Internal Law Firm Transfers

I like to think that lawyers are generally an intelligent group. Like doctors, they know their areas of expertise inside and out. This intelligence can occasionally have an unfortunate after-effect, though, wherein some lawyers get overconfident about their skills in areas outside of their knowledge base. In the 26 years I’ve spent facilitating business sales,

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