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Law Society Gazette - Law Firms Put a Lid on M&A Activity - Really?

Law Society Gazette - Law Firms Put a Lid on M&A Activity - Really? The recent Law Gazette article  Risk-averse law firms put brakes on M&A  paints a somewhat skewed picture of the current M&A market. It uses a single survey of 308 lawyers and frames risk aversion as the primary driver for a perceived slowdown in mergers, overlooking rather a lot of other factors that drive the law firm sales market. 308 Lawyers Make a Market? Firstly, the article’s central premise – that law firms are "putting the brakes on M&A" due to "risk aversion" – appears to be built on rather flimsy foundations. The sole piece of evidence presented is a LexisNexis survey of 308 lawyers, stating that only 5% are considering mergers or acquisitions in their growth plans, down from 10% and 13% in previous years. The UK legal sector comprises of over 9,000 law firms, ranging from sole practitioners to global giants. A sample of 308 can hardly be considered representative...

Legal Recruitment News April 2025

Welcome to the April 2025 edition of Legal Recruitment News. It includes our legal job market report, locum hourly rates, a solicitor salary guide, CV, interview & careers advice and a spotlight on one of our charity donations.   https://legal-recruitment.co.uk/legal-recruitment-news-april-2025/ Jonathan Fagan is Managing Director of Ten-Percent Legal Recruitment and a non-practising Solicitor. Ten-Percent Legal Recruitment provides online Legal Recruitment for Solicitors, Legal Executives, Licensed Conveyancers, Legal Cashiers, Fee Earners, Support Staff, Managers and Paralegals . Visit our Website to search our Vacancy Database.

Should I Close My Solicitors' Firm or Sell It?

  Should I Close My Solicitors' Firm or Sell It? Balancing the Advantages and Disadvantages Deciding the future of your solicitors' firm is a significant decision that requires careful consideration. Whether you're contemplating closing your practice or selling it as a going concern, each option presents unique advantages and disadvantages. We always advise on speaking with us first to discuss, because it has to be said that a) most law firms have a value and b) most law firms are capable of being sold regardless of their structure (sole practitioner, LLP, limited company, ABS), location and size. Closing a Solicitors' Firm: Advantages and Disadvantages Advantages: Complete Control Over the Process: Closing your firm allows you to manage the wind-down process, ensuring all obligations are met without external influence. Simplified Regulatory Compliance: By closing, you eliminate ongoing regulatory responsibilities, such as compliance with the Solicitors Regulat...

Legal Recruitment News March 2025

Welcome to the March 2025 edition of Legal Recruitment News. It includes our legal job market report, locum hourly rates, a solicitor salary guide, CV, interview & careers advice and a spotlight on one of our charity donations. https://legal-recruitment.co.uk/legal-recruitment-news-march-2025/   Jonathan Fagan is Managing Director of Ten-Percent Legal Recruitment and a non-practising Solicitor. Ten-Percent Legal Recruitment provides online Legal Recruitment for Solicitors, Legal Executives, Licensed Conveyancers, Legal Cashiers, Fee Earners, Support Staff, Managers and Paralegals . Visit our Website to search our Vacancy Database.

January 2025 Legal Recruitment News

Legal Recruitment News for January 2025 Welcome to the January 2025 edition of Legal Recruitment News. It includes our legal job market report, locum hourly rates, a solicitor salary guide and a spotlight on one of our charity donations. You can read the entire content below, or read the newsletter in PDF format at   www.legal-recruitment.co.uk         Jonathan Fagan is Managing Director of Ten-Percent Legal Recruitment and a non-practising Solicitor. Ten-Percent Legal Recruitment provides online Legal Recruitment for Solicitors, Legal Executives, Licensed Conveyancers, Legal Cashiers, Fee Earners, Support Staff, Managers and Paralegals . Visit our Website to search our Vacancy Database.