Mergers & acquisitions
We at The Knight Consulting Group Ltd. present successful law firms and practice groups for absorption or merger into other law firms.
If your law firm desires to expand or add practice areas, we will identify appropriate and logical solutions.
If your successful practice group or law firm is self-sustaining and has a growing client base, but could benefit from being part of another law firm, we will connect you to one that meets your particular needs.
Should my group or law firm consider being merged or absorbed into another law firm?
As successful practitioners you naturally focus on diligently servicing your clients and expanding your revenue. However, various constraints such as time, energy and resources may interfere with your ability to explore ways to improve efficiency and professional performance, preventing you from effectively realizing your firm's (or group's) business and marketing potential.
Ask yourself the following questions in a methodical and measured manner. If you find the questions accurately describe your situation, a merger or absorption may be the answer:
- Does the lack of a particular practice area (or the limited availability of personnel in such an area) diminish your firm's or group's ability to adequately service your clients?
- Might the addition and/or growth of a particular practice area expand your client base and provide additional opportunity for your already existing practice areas?
- Will increasing your geographical footprint enhance your capabilities in marketing services to existing and potential new clients?
- What savings can be accomplished by minimizing redundancy in the cost and efficiency of operation?
Are you interested and prepared to answer these questions?