- Tuesday, 28 February 2012
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.
Tags: stock market listing, valuation
Posted in Latest news, Market monitor
RJW deal shows firms have a realisable value – and are getting &quot;real&quot; about business, say expertsFriday, 3 February 2012
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.
Tags: ABS, Alternative business structures, mergers, Slater & Gordon, valuation
Posted in Alternative business structures, Latest news, Market monitor, Uncategorized
- Tuesday, 3 May 2011
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.
Tags: succession planning, valuation
Posted in Blog
- Tuesday, 19 October 2010
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.
Tags: ABS, Alternative business structures, external investment, valuation
Posted in Alternative business structures, News
What the pandemic has brought into sharp focus for firms is a desire to reduce costs. In 2019, research found cost reductions were last on a long list of priorities for firms; now they are near the top.
As my legal career progressed, I began to realise the reality was very different than I had envisaged. I was in a constant state of stress, working very long hours. I normalised the stress, as it seemed to be everywhere I looked.