What size legal practice is ideal to buy?
Common criteria for buying a legal practice are geographic location and type of work but how does the size of a practice fit into the...
Public listing of law firms – UK surges ahead of Australia
The latest development comes from UK-based multinational law firm DWF which is weighing up an IPO. The firm has more than 2,700 people...


Perfect Numbers
I have been selling and valuing legal practices for 15 years. During that time I have analysed the financial statements of literally...
Alternatives to the late-career wind-down for sole practitioners
Is this your situation? You’ve had a successful career. You’ve achieved your success on your own as a sole practitioner without being...
Why Buying a Practice is Better
Better than partnership I’m not anti-partnerships. It depends on the partnership. But if you have a great idea and you need resources to...

A Blue Chip Result for ASX-Listed IPH Limited
Australia’s first publicly listed Intellectual Property practice has reported its 2016/17 full year financial results. The financial...
A US court considers the goodwill value of a partner's equity in a large law firm even when that
In a matrimonial case, an appellate court considers the decision of a lower court in relation to the goodwill value in a large law firm....
The Goodwill Value of Sole Practitioner Legal Practices - Is There a Rule of Thumb?
I recently received the following query about the value of legal practices: “Some have suggested that they should use ‘1/3rd of gross...