Why law firm mergers fail
Wolf Shark and Co Ltd and Puppydog Kitten & Co LLP are looking to merge although there are certain areas that need to be addressed before this can complete such as name, management, profit sharing, cars, borrowing and profitability.
Nigel Haddon (Burcher Jennings) and Paul Bennett (Bennett Briegal LLP) will assume the roles of Managing Director and Managing Partner of the respective firms and act out a typical scenario that is not uncommon in such negotiations, moderated by our own Tom Blandford.
Speaker Profile – Nigel Haddon
Nigel Haddon has more than eight years as the Managing Partner of regional law firm SAS Daniels LLP, Nigel has the kind of career context that makes him both invaluable and unique in his ability to understand the needs of his clients.Nigel held the position of Chair of the Law Management Section of the Law Society for three years, is Editor of the Law Management Section Merger Toolkit and Joint Editor Law Management Section Guide to Business Development. Nigel’s consultancy concentrates on three services: Pricing, through market leading Burcher Jennings; being a critical friend for the leadership of law firms: and Mergers and Acquisitions, through Mosaic Legal.
Speaker Profile – Paul Bennett
Paul Bennett is a Solicitor, Mediator and Arbitrator who advises law firms and solicitors on SRA regulatory matters, Anti-Money Laundering, employment and partnership law at the specialist law firm to other lawyers Bennett Briegal LLP. Paul’s work is national, and his experience includes advising hundreds of law firms from high street, niche firms and city and US law firms on legal issues, reporting serious misconduct to the SRA, regulatory investigations and responding to enforcement proceedings. As an arbitrator he can be appointed in the event of a partnership dispute.
Paul writes, lectures and advises on the issues of being in business as a solicitor. He recorded a free to access Podcast on Freelance Solicitors for the Law Society in July 2019 and was commissioned to write the Law Society’s well received Practice Note on Freelance Solicitors which was released in September 2019. His next book How to be a freelance solicitor is due out in October 2019.
Date: Wednesday, 29th January 2020
Time: 8:00am - 10:00am