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Big law firms told to allow trade in the value of their businesses

Large law firms should consider structures that allow them “to trade in the substantial value of their businesses”, a corporate advisory firm claimed yesterday. Europa Partners said that six of the top ten by value large enough to be included in the FTSE 100 if they were listed.

February 28th, 2012 | Comments Off on Big law firms told to allow trade in the value of their businesses

RJW deal shows firms have a realisable value – and are getting "real" about business, say experts

Slater & Gordon’s takeover of Russell Jones & Walker is evidence that law firms are “joining the real business world” and that there is realisable value in legal practices, leading consultants have said.

February 3rd, 2012 | Comments Off on RJW deal shows firms have a realisable value – and are getting "real" about business, say experts

How Limited are you?

Dealing successfully with succession is proving a difficult challenge for many traditional legal practices. The average age of (predominantly male) equity partners is now 59, yet most have failed to plan for their exit and succession. As a result, many firms now face an uncertain future with little or no value being placed on the sale prices of their practices and no younger partners prepared to invest in equity to enable partners’ retirement.

May 3rd, 2011 | 1 Comment »

What are you worth?

In the fourth part of his look at external investment in law firms, Jeremy Black of Deloitte looks at the various methods to value equity stakes in law firms, which is not the easiest of tasks when it comes to law firms for various reasons.

October 19th, 2010 | 1 Comment »