1. Law Firm Growth:
Overview of Firm Financials
A complete and accurate analysis of key trends in law firm
financial issues, led by a leading law firm banker, with emphasis
on the financial issues associated with law firm growth through
lateral partner acquisition, practice group acquisition and law
firm mergers.
2. Growth Through Lateral Partner
Acquisition: Overview of Lateral Partner
Movement in 2007
In 2006, movement of lateral partners was down from prior
years. Join us for an overview of lateral partner movement
during 2007. Learn which firms have been hungry for lateral
partners in the past year and what it takes to lure - and retain
- laterals today.
3. Lateral Hire Dos and Don'ts:
Why Firms Focus on Lateral Growth
To be competitive, today's firm management have different
priorities when it comes to long term growth potential. While
some firms focus their efforts on finding the right opportunity
to merge firms, others are 100% focused on acquiring lateral
talent. Our panel of firms that have aggressively hired laterals
will offer some insights into reasons to grow laterally, how
to use lateral hires to gain more geographic diversity, how to
cherry pick the right lateral candidates and screen them for
compatibility. They'll analyze warning signs, delve into how
to ensure new lateral hires actually deliver what has been
promised, evaluate the need for diversity in lateral hiring and
offer advice on how to make sure your own lateral hiring
practices are aligned with your firm's strategic plan. You will
leave armed with essentials that
4. The More the Merrier:
Considerations for Firm Expansion
Through Practice Group Acquisition
Rather than seek out merger prospects from other firms with
synergies, firms have successfully lured entire practice groups.
By bringing on a cohesive group of attorneys who work well
together along with its client base, a firm can make a big
impact in the legal market. Whether your firm is looking to
extend its reach into a new geographic market, strengthen
a weak practice area or acquire a new area of expertise,
you will benefit from the frank discussions by those in the
trenches. Expect a hearty discussion of what to look for (and
what to avoid) when evaluating practice group acquisition.
5. The State of the Merger:
Did It Work?
With a panel comprised of firms in the Midwest and Southeast
markets that have merged recently, we will examine what
worked and what didn't. By looking at firms that merged in
2007 as well as in years prior, you will hear an in depth analysis
of what made for a successful merger, what caused growing
pains, and where things are going.
6. Merger Dos and Don'ts:
Tips from Law Firm Leaders
The most successful law firm mergers have been strategically
imperative but not tactically necessary. Firms that merged
to avoid getting weaker have not achieved the same success
as those that merged to become stronger. To be successful,
firms must forge a new common culture and evaluate the
professional staffing needs of the merged firm. It is all too
easy to let past loyalties get in the way of good judgment.
This esteemed panel of law firm leaders will walk through an
analysis of what to do and not to do pre- and post-merger,
and will offer some insights into integration, suggestions for
establishing firm success criteria, and ideas for enhancing
leadership opportunities in the new firm.
7. Who, What, Where, When:
The Essentials for Merging Firms
Growth is essential to the long term success of any law firm,
but mergers are never a sure fire guarantee of success. For
every deal that happens, there are ten times as many that do
not. This panel will offer insights into the players outside the
law firm involved in a successful integration. Considerations
about merging technology, insurance and payroll systems
along with risk management, office space, conflicts and human
resources, to name a few are all essential to merger success.
Look to our distinguished panel of experts to analyze the
considerations - and decisions - to be made before and after
a merger to ensure merger success.
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