Advice on mergers for law firms and barristers chambers
The issue - a need for greater scale
As the legal profession in the UK begins to consolidate it is likely that the more successful law firms will be either very small or large. Barristers chambers are also likely to need to be larger. The key to success will be how firms and chambers are structured and managed, however many will need to rationalise the work they do, increase their scale and focus on core markets or areas of work. They will then be able to create the financial structures and market profile they will need in order to be successful.
Download latest mergers survey in conjunction with the Law Society Gazette
The use of effective and knowledgeable external support can have a transformative effect on a firm or chambers development – it can act as a springboard
The Law and Bar Consultancy Networks comprise a team of highly experienced management consultants with in depth knowledge and understanding of the legal sector. LCN Springboard combines this team with colleagues in complementary organisations to provide advice specifically in relation to achieving growth through merger, de-merger, acquisition or lateral hire of individual or teams.