Due diligence is a critical step in finding the right match for law firm mergers or group acquisitions. Due diligence goes far beyond financial metrics, but there are a handful of Key Performance Indicators (KPIs) that, in my view, are
When law firm leaders ask for recommendations on how to grow their firm we start the discussion at a high level. Most firms adopt one or more of the same growth strategies: Markets, clients, services, location, economics and/or competitors. In
More and more of my meetings with managing partners start like this: I’m worried about the Firm’s growth. Our corner-stone clients are asking for write-downs, we lost out to our top competitor on a couple of summer interns and a
Every month or so there is an article or BLOG about law firm culture. According to Forbes Magazine references to “culture” in leading business publications have leaped from under 500,000 in 2019 to well over two million in 2021. What
The challenge: ● Find and execute on optimal growth strategies ● Help to evolve the firm in line with current legal marketplace demands ● Maintain culture and client-value while staging for strategic growth ● Build consensus around market-based solutions to
EvolveLaw worked with a 15 lawyer Denver firm to set and execute strategy. The client was struggling to find its value proposition in the New Normal legal market after the 2008 recession. Its historical growth pattern was to add practices
Roxanne Jensen, Founder and Managing Director of EvolveLaw, worked as a consultant for a mid-sized Rocky Mountain regional firm to help set, refine, and execute a comprehensive strategy in the New Normal legal marketplace. Roxanne’s work was pivotal to the
William Henderson — Professor at Indiana Maurer School of Law and Chief Strategy Officer at Lawyer Metrics – knows legal market data and technology. Bill recently presented at Wolters Kluwer’s ELM User Conference. His topic: Bridging the Gap between clients