Attorney Transitions Practice™
Proprietary guidance for attorneys looking to grow through merger or acquisition, plan a succession, or transition out of practice on their own terms.
About Our Attorney Transitions Practice™
We work with transitioning attorneys who:
- Want to GROW their practice by looking for opportunities to merge with another firm, or
- Want to EXIT the practice of law and capitalize on the value of the asset they have built.
Grow — Merger or Purchase
Why merge into, or purchase, another law firm?
- Gain market share by strategically acquiring another law firm's clients,
- Combine skill sets to increase client base and fee revenue,
- Combine operations to reduce costs and increase profit margins,
- Affordable — purchasing a law firm often does not require a significant upfront payment.
Exit
Why sell your law firm, or wind down in an of-counsel capacity with another firm?
- Your value is as high as it will get: client base, referral sources, technical knowledge.
- Other law firms will recognize — and pay for — the value you have created.
- Improved quality of life — less stress about employees, payroll, utilities, insurance.
- Your current attorney team cannot purchase your firm — they are either (a) not equipped to run a firm, or (b) not at the right life stage to purchase your practice.
Our Process
Three Paths We Help Attorneys Navigate
1. Grow: Merger or Acquisition
If you want to grow your practice, acquiring another firm or merging with a complementary practice can accelerate your trajectory significantly. We help you identify targets, structure the transaction, conduct due diligence, and navigate the post-merger integration.
2. Succession Planning
Whether you are 10 years or 2 years from retirement, a succession plan built now protects your clients, your staff, and your legacy. We help you develop a plan, identify successors, and structure the transaction to maximize the value you have built.
3. Exit: Sell Your Practice
When it is time to move on, we help you understand what your practice is worth, identify qualified buyers, structure a deal that protects your interests, and navigate the transition of client relationships and staff.
What Sets Our Practice Apart
- We have been through these transactions from both sides of the table
- We understand law firm valuation methodologies specific to legal practices
- We are attorneys and business advisors, not just brokers
- We maintain strict confidentiality throughout every engagement
- We handle the legal documentation, not just the advice
Contact Us Today
If you are an attorney that is interested in transitioning by either growing your firm, or by exiting your practice, then please reach out to us so we can discuss your options, and ways we may be able to help you achieve your transitioning goals.
Service Area
We work with law firms throughout Connecticut, Massachusetts, and Rhode Island.
Ready to Explore Your Options?
Whether you are thinking about growing, transitioning, or exiting, a confidential call is the right first step.