Case Studies

Case Study: Legal team supports acquisition of longstanding solicitors by MAPD

Armstrong Watson's Legal Sector team supported Bromleys by arranging and securing an acquisition of the business by the MAPD Group, a Wirral-based firm focused on building a group of successful law firms across the country and aiming to make a positive difference.

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Case Study: Armstrong Watson legal sector team support Cumbrian Law firm in sale to national house of brands consolidator

The Armstrong Watson team helped secure a deal with a firm that shared similar cultural values and support them to protect and grow their already thriving business.

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Case Study: Legal sector team help secure disposal of niche family law firm

Armstrong Watson's Legal Sector team helped secure the acquisition of Sheffield-based Acclaimed Family Law by Sills & Betteridge Solicitors.

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Case Study: Legal sector team help secure future of longstanding Cumbrian law firm

Background

Whitehaven-based Bleasdale & Co was established in 1920 and has a longstanding reputation in the local area. The firm’s directors Pam Thomas and Sarah De-Maine wanted to secure a deal with another firm that has similar cultural values to protect their future and strengthen the services on offer to their clients.

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Case Study: Facilitating partner conference

We regularly facilitate partner retreats/conferences for law firms.  These are usually a full day strategic session to include workshops and breakout sessions, all ultimately with the intention of bringing partnerships closer together to achieve their strategic aims.

Topics covered can vary including goal setting, strategic reviews, ultimate objectives, exit planning, growth, lock up reduction, profit maximisation etc.

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Case Study: Profit Share Review

Profit share seems to be a particular hot topic for law firms at present, with many reviewing whether their profit share mechanism is appropriate.  Most are considering whether it is fair; whether it is in line with competitors/the market; whether it encourages the right behaviours; and whether it helps to attract and retain the best people.

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under review written on a post-it note

Case Study: Governance & Profit Share Review

Governance and profit share seem to be particular hot topics for law firms at present, with many reviewing whether their approaches are appropriate.  Most are considering whether they are fair; whether they are in line with competitors/the market; whether they encourage the right behaviours; and whether they help to attract and retain the best people.

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two businessmen shaking hands

Case Study: When “Big Law LLP” comes calling – a niche law firm acquisition

Armstrong Watson was engaged by a significant niche firm who were being purchased outright by a large global player in order to create a fully formed specialist team within the significantly larger practice. We were therefore engaged to value the smaller practice, to negotiate heads of terms, to comment on the taxation aspects of the deal and to perform the “reverse due diligence” on the acquirer.

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Case Study: Protection of Interests in Law Firm Closure

Armstrong Watson was engaged by Genus Law Limited to find a firm to acquire the ongoing matters, client relationships and successor practice status; monitor compliance and lead on interaction with the SRA; and to ultimately liquidate the business.

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Case Study: Taking Your Team and Setting Up On Your Own

Armstrong Watson was engaged by a head of practice area who was keen to take his existing team and clients from his current multi-partner firm to create his own sole practice. We were therefore engaged to value his current position in isolation, negotiate an exit value, incorporate a new entity, register the new entity with the SRA, establish lines of financing with bankers and ultimately assist in the ongoing financial compliance of the new business (e.g. in respect to payroll requirements, HMRC etc.).

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