Legal Sector Breakfast Briefing - Carlisle

If people are a law firm’s biggest asset why do they get ignored in M&A transactions?

A good merger or acquisition can transform a business and give a step change in revenue and profit.

A transaction which misfires can create huge inertia and end up reducing profit even if it improves revenue.

The biggest reasons why mergers don’t work relate to people.

That is really interesting given that in the discussion and due diligence processes which go on before a deal is done, people and the potential for people related issues after the deal are largely ignored.

Why does that happen and what can be done about it?

What difference can it make if you get the people element right?

Speaker Profile – Phil Jepson

Phil qualified as a solicitor in 1989 at Irwin Mitchell in Sheffield.  He rose through the ranks to become a Salaried Partner and then an Equity Partner before leaving to join Dibb Lupton Broomhead (now DLA Piper) as a Partner in Birmingham in 1994. At DLA he was part of a successful and fast growing department in Birmingham before taking over a specialist team and doubling its size and revenue in 18 months. In 1998 Phil joined Davies Arnold Cooper in Manchester as an Equity Partner and head of its Insurance team there. He later became Head of the Manchester Office before leaving in 2001.

In 2002 Phil became an executive search consultant, joining what was then the largest specialist legal head hunting business in the UK.

In 2004, along with Alex Holt, Phil set up Jepson Holt as a specialist legal executive search firm, based in Manchester.

15 years later Jepson Holt is thriving and is the largest business of its type outside London and focuses on the acquisition of Partners, teams and other firms for retained law firm clients.

Jepson Holt completed their first law firm merger in 2006 and have been dealing with merger and acquisition transactions for law firms ever since, alongside their lateral hiring and team acquisition activities.


Date & Time

Date: Thursday, 9th May 2019
Time: 8:00am - 10:00am


Address

Clydesdale Bank
325 Kingstown Road
Carlisle
CA3 0BQ.