There is an increasing market in the buying and selling of Law Firms. The most successful sales are often those that are planned well in advance.

We are able to assist Firms in the lead management of the entire sale process.  We have bought and sold businesses both on our own account and in an advisory capacity for clients.  Verus UK understands the sale process and the importance of appointing experienced advisors.

The sale process can be distracting for Partners if not managed appropriately. Our role is to drive the sale process efficiently and professionally to ensure minimum disruption to the day to day running of the Firm.

Our role comprises the following:



Firms looking to grow through acquisition can identify potential targets in 2 ways;
Researching Targets requires Firms to set out their acquisition criteria. The benefits of this approach are that a successful fit post acquisition is more likely and it is less likely that there will be competition form other buyers driving the price higher.

Our role in the acquisition process will typically involve the following;


A structured approach is essential in order to minimise the impact on Partner time.


Many Partners do not wish to market their Firm for sale in order to achieve their exit route on retirement.  They would rather sell their interest in the Firm to existing Partners or staff.  We are able to assist junior Partners or other senior fee earners in the structuring and funding of a management buy-out.

 

HOW MAY WE HELP YOU?

Talk to Verus UK today to discuss how your Firm can maximise its potential.

 

 

 

   
       
   
© Verus UK LLP 2016