How not to offer equity to a junior partner or member of staff
April 14, 2022
We regularly get approached to provide valuation reports and advice to law firms and other businesses on offering equity stakes to members of staff or junior partners or salaried partners. Here is our guide on how not to offer equity. Decide your practice is worth considerably more than it is, and indicate a figure based […]
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What is my law firm worth?
April 14, 2022
We often get contacted by partners and managers of solicitor practices in the UK, wanting to know what their business is worth. It may be that somebody has approached them to ask them if they want to sell, or it may be that they are looking to retire and one of their colleagues is keen […]
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Ref 100293 South East England SRA Limited Company for Sale
April 14, 2022
Limited company SRA regulated solicitors’ firm looking for a sale as a shell. Established in 2005, the owner is planning to retire. Firm has been undertaking employment law work and PII is c£2k. No claims, no staff and no assets.
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My PII premium has rocketed and I don’t know what to do – help!
March 25, 2022
It is that time of year again when firms are getting their insurance premiums through and discovering that their quotes have shot up because of factors around the property market. This means that a number of firms are in the unenviable position of finding themselves without any cover in a week’s time and wondering what […]
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How do I increase the value of my law firm?
March 13, 2022
We regularly prepare valuation reports for law firms of all shapes and sizes across the UK, and one of the sections of our reports is how to increase the value of, and the ability to sell, a law firm. Here are some of our top tips for any law firm, but if you do require […]
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Solicitors – how to plan a successful retirement
March 13, 2022
Working for 35 to 40 years and then deciding (virtually overnight at times) that the moment has come to walk away is extremely common amongst owners of law firms. Quite a few people work away day after day, week after week, month after month and don’t actually have a long term plan for their lives, […]
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New Law Firms for Sale – update 7th March 2022
March 07, 2022
Click here for our regularly updated list of firms for sale. Law firm valuations available – standard and enhanced reports – click here for details. Obtain valuation/deal structure advice before making an offer and increase your chances of success. Recently Added Firms Ref 100287 London £700k Solicitors Firm London solicitors’ firm (SRA regulated partnership) looking […]
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Valuing Law Firms and Accountancy Practices – a Business Broker’s Experiences
February 28, 2022
As this is one of the most common telephone calls we take every day from owners of law firms and accountancy practices, it is also one of the most common articles that we choose to write about. It remains one of the hardest things to correctly predict when it comes to selling law firms. Accountancy […]
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Legal Recruitment News January 2022
January 27, 2022
Legal Recruitment News from Ten Percent Legal Recruitment and Interim Lawyers Locum Lawyers. Includes our monthly legal job market report, locum hourly rates, interview guides for candidates and employers, predictions from a psychic and our annual request for charity suggestions.
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Legal Recruitment News December 2021
December 08, 2021
Welcome to the December 2021 edition of Legal Recruitment News. It includes our legal job market report, locum hourly rates, advice on DIY legal recruitment, changing locum hours mid-assignment, making sure you are not the asset in a law firm sale, careers advice and suggested interview answers.
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