News & Insights

Neville Dinshaw Editorial Board for Modern Law – July 2021 Press download to read this article.  

In order to grow, successful law firms need to embrace the future, and technology is just one way of doing this. Technological advancement had resulted in rapid changes, and the legal sector has increasingly reaped the benefits. Firms are now utilising technology to assist and address issues within the practice, and focus on efficiency gains….

When thinking about embarking on a merger, you might have a shopping list of things you want it to achieve. The vast majority of mergers and acquisitions involve little or no planning at all,  and some firms fail to give adequate consideration to whether the other firm is looking for similar benefits or gains. Instead,…

Diversity, Equity and Inclusion (DE&I) are vital elements for attracting, hiring or retaining staff and are a key way to measure success. The Harvard Business Review has reported that inclusive organisations are more likely to capture and lead markets, whilst Global Management Consulting firm, McKinsey, found that 43% of businesses with diverse management deliver consistently…

Well-established legal practices in need of long-term growth prospects often turn to mergers and may look towards smaller firms to help them achieve their aim. But what if the firm is small? Is it really at risk of being swallowed up by a larger firm wanting to nab a bigger share of the market? Or…

Neville Dinshaw and Mark Holt are the Editorial Board for Modern Law – July 2021 Press download to read this article.  

Onboarding and pairing new recruits with mentors is extremely important. It welcomes them into the team, gives them an important insight into how the business works as a whole, and demonstrates how they fit into the team. Once we gain a sense of our new recruit’s strengths and weaknesses, we match them with their mentor…

In our previous article, we discussed valuing your law firm. Here, we look at the sales process and what you need to do to make your firm sale ready.https://www.lawmergers.co.uk/what-is-your-law-firm-worth-a-guide-to-valuing-your-practice/ Getting sale ready really boils down to ensuring your firm can survive without you and any other principals. This could mean expanding client relations in good…

It is well-known within the business world that although turbulent times create disruption, it also provides many opportunities. As we emerge from a working world different to anything we’ve ever seen before, now is the time to have robust and innovative strategies for market share growth. The potential for high-value innovation exists throughout every business….

Neville Dinshaw,  Managing Director of Law Mergers & Acquisitions. Editorial Board for Modern Law – July 2021 Press download to read this article.  

Potential law firm acquisitions tend to come with a host of questions, the most vital of which is probably, how much should I pay? As you may expect, the answer is far from straightforward. This is because when one law firm acquires another, it is buying both the business and its practice.

Even though this is a question we are often asked, giving a precise answer can be difficult because valuing a law firm is not an exact science. This is because there are many factors to consider. Typically, you could expect to receive a figure for goodwill, furniture, fixtures and fittings, equipment and library with the…