Attorneys are good at due diligence and interviewing. However, most lawyers only change firms a couple of times during their careers. The information on this page is provided as thoughts to keep top of mind.
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Generally this refers to one law firm merging its practice into another or one law firm acquiring most or all of the attorneys in another firm. Practice Group Acquisitions are more focused than firm mergers. A common problem among law firms is that certain practice areas within a firm are simply stronger than others. An ideal solution to this problem often is the acquisition of a particular practice group from another firm, rather than the entire law firm.
Expanding into a new city typically occurs by firm merger, by practice group acquisition, or by a single lateral hire to open the new office. Regardless of the method used, it is critical for the expanding firm to have the right lawyer or lawyers in the new office.
American Consulting Company knows the right way to handle these growth strategies. We specialize in facilitating law firm mergers, expansions, and practice group acquisitions. We conduct discreet, but very effective searches based on extensive research and knowledge of the market. Our experience and professionalism can help find the perfect match for your growing law firm.