We help firms build meaningful synergies through mergers, acquisitions, referrals, and strategic tie-ups.
We assist law firms in building synergies through law firm mergers, practice/partner acquisitions, referral arrangements, tie-ups, etc. The steps we undertake in this regard are as below:
Phase I – Identification of Criteria
Understanding the criteria that the target Firm will have to fulfill in terms of issues such as size, geography/locations, practice areas, infrastructure, culture, and profitability.
Phase II – Conducting Research
- Reviewing all available data as well as our market knowledge, to identify the most suitable target as per the Client’s requirements.
- Conducting observational research, and carrying out informal confidential meetings to arrive at a better understanding of the prospective target.
- Reviewing identified targets and agreeing on a shortlist of targets.
Phase III – Analysis & Feedback
Studying the facts of both the parties, identifying the challenges and analyzing the viability of the proposed alliance.
Phase IV – Facilitating Initial Meeting(s)
- Discussions with each side prior to the meeting with a view to enabling the first meeting to be as successful as possible.
- Identify major common objectives and major deal breakers and agree to the next steps.
- Conclusion as to go forward or not.
Phase V – Finalising the Alliance & Signing the Terms
Finalizing the synergy in the manner found appropriate by both parties
Ready to elevate your law firm’s future?
A clear action plan is required to implement the business plan. The failure to move from planning to action is where most business plans fall down. It is, therefore, of critical importance to frame the activities which will be needed to achieve your objectives.
