News & Insights

Retirement marks a significant milestone in a lawyer’s career, often prompting the question of whether to leave the firm completely or retain a reduced role. This decision carries weight and requires careful consideration, taking into account individual circumstances and personal preferences. Some plan meticulously for their retirement, others have it thrust upon them, and many…

With a continual procession of new entrants in the already overcrowded legal sector, competition between firms has never been greater. Law practices are using a variety of methods to gain and maintain a competitive edge over their competition, including investing in technology to improve client service, mergers, attracting staff via flexible working, and developing their…

One term that often comes up around law firm mergers and acquisitions is “run-off cover.” Run-off cover essentially provides an extension of liability insurance beyond the policy period for claims that arise after a firm has ceased business or has been sold. This means that the policy will continue to provide coverage for claims that…

Women have been making significant strides in the legal profession in recent years. While there are still challenges and inequalities to be addressed, there has been progress in increasing representation and promoting gender equality in the legal sector. Historically, the legal profession has been male dominated, with women facing barriers to entry and advancement. Women…

Neville Dinshaw Editorial Board for Modern Law – July 2021 Press download to read this article.  

In order to grow, successful law firms need to embrace the future, and technology is just one way of doing this. Technological advancement had resulted in rapid changes, and the legal sector has increasingly reaped the benefits. Firms are now utilising technology to assist and address issues within the practice, and focus on efficiency gains….

When thinking about embarking on a merger, you might have a shopping list of things you want it to achieve. The vast majority of mergers and acquisitions involve little or no planning at all,  and some firms fail to give adequate consideration to whether the other firm is looking for similar benefits or gains. Instead,…

Diversity, Equity and Inclusion (DE&I) are vital elements for attracting, hiring or retaining staff and are a key way to measure success. The Harvard Business Review has reported that inclusive organisations are more likely to capture and lead markets, whilst Global Management Consulting firm, McKinsey, found that 43% of businesses with diverse management deliver consistently…

Well-established legal practices in need of long-term growth prospects often turn to mergers and may look towards smaller firms to help them achieve their aim. But what if the firm is small? Is it really at risk of being swallowed up by a larger firm wanting to nab a bigger share of the market? Or…

Neville Dinshaw and Mark Holt are the Editorial Board for Modern Law – July 2021 Press download to read this article.  

Onboarding and pairing new recruits with mentors is extremely important. It welcomes them into the team, gives them an important insight into how the business works as a whole, and demonstrates how they fit into the team. Once we gain a sense of our new recruit’s strengths and weaknesses, we match them with their mentor…

In our previous article, we discussed valuing your law firm. Here, we look at the sales process and what you need to do to make your firm sale ready.https://www.lawmergers.co.uk/what-is-your-law-firm-worth-a-guide-to-valuing-your-practice/ Getting sale ready really boils down to ensuring your firm can survive without you and any other principals. This could mean expanding client relations in good…