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The Art of the Law Firm Merger (Paperback)
Loot Price: R8,340
Discovery Miles 83 400
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The Art of the Law Firm Merger (Paperback)
Expected to ship within 12 - 17 working days
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With the current economic climate hitting growth potential hard,
now may be the time to seriously consider the benefits of a merger.
In the past decade it was not unusual for law firms in the buoyant
market to experience 15% plus organic fee growth, but in the next
five years this figure will be considered exceptional. If you
cannot achieve growth from current client baselines, a merger may
well be the only way to ensure the increases in turnover and
reductions in costs that will prevent the diving economy eating
away at fee incomes. The Art of the Law Firm Merger gives you a
clear understanding of the merger process from start to finish
including how and when to recognise the indicators that the merger
is not in the best interests of your firm. It provides templates
and methodologies that ensure the success of your chosen merger and
that your primary goals are achieved. The report will help you
achieve success with cultural change to ensure your law firm works
as a business, embracing best practice, technology and new
management structures. It explores staff selection, management
approaches, in-house training, reward structures and review methods
that will make successful change a reality. The Art of the Law Firm
Merger defines an effective communication strategy for keeping
stakeholders informed and supportive of the process, assists you in
setting timelines for all stages of the merger and even discusses
methods for measuring the results. The Go-Path template (Goals,
Objections, Process, Approval, Timetable, Help) is explained in
detail but above all, the merger process in this important new
report is always placed exclusively in the context of the very
unique considerations relating to law firms.
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