Our objectivity builds credibility
Clear planning steps everyone can understand
We'll help you keep the process moving
Building a great law firm came with sacrifices and rewards. Now it is time to plan for the firm to continue with a different ownership group. You may worry that successor lawyers are not ready or about buyout economics. Unfortunately, if you wait too long, your best people may leave causing clients to lose confidence.
At PerformLaw, we have lived the challenges with our clients for the past 17 years. We have experienced the economic and psychological complexities of transitioning a law firm. Whether it is one partner or several, we are here to guide you through the process of transitioning your law firm.
A transition plan is a strong signal to your best people that it is worth sticking it out
DESIGNED TO ENSURE THE LONG-TERM VIABILITY OF YOUR LAW FIRM
Once you identify the transition period, you will need to consider compensation, firm valuation, buyout calculation, production needs, and transition financial plans. We all read the horror stories about the effects of unaffordable retirement programs in law firms.
AVOID BREAKING THE BANKCONTACT US
Once you crunch the numbers, you need to create/revise equity owner agreements, buyout agreements, implementation policies, and square things with your CPAs.
DOCUMENT THE DEAL CORRECTLYCONTACT US
You crunched the numbers and made the agreements. Now you need to work on the strategic factors to make your plan work. The key elements include marketing, recruiting, attorney development and client and practice transition maps
SET THE PLAN UP FOR SUCCESSCONTACT US
You now have a thoroughly considered plan and several action steps, but now it is time to see how it works. Great plans often fail during implementation. You need experienced experts to ensure your plan gets properly implemented.
SET THE PLAN IN MOTIONCONTACT US
Contact us an discuss your situation and service options
We'll create a game plan and fee agreement
You take comfort in knowing you are on a path to transitioning your firm
Give your lawyers and clients what they need to stick with the firm!
At PerformLaw, we know you want to perpetuate your firm. To do that, you need the right process to ensure a successful outcome. The problem is that you're pressed for time, which causes anxiety in yourself and your team. We understand the complexity of transitioning a law practice, which is why we break the process down into progressive modules.
Here's how we do it:
Get the expert help your firm deserves now. So you can stop watching the clock and get busy securing a future for your firm.
Our pricing is fixed and transparent. No Surprises!
Give your people something to believe in!
"PerformLaw helped us to grow and transition from a first-generation law firm with their expertise in business strategy, compensation plans, and law firm management. Any firm- especially small to mid-size firms - can benefit from working with Brian and PerformLaw."
"For almost 25 years, I have relied on Brian Kennel for providing spot-on financial, strategic, and marketing advice."
"PerformLaw helped our firm determine our profitability model and helped us to increase our business growth. We thoroughly enjoyed working with them through the process."
"PerformLaw is great with the small details while maintaining perspective on the big picture. They have helped us to reduce our firm's overhead and increase profitability."
"Brian is a true expert in the areas of law firm strategic planning, management, and marketing. The legal marketplace is rapidly evolving, and his approach helps firms deal proactively with these changes."
"Brian analyzes potential obstacles to the continued growth of a law firm and creates ways to overcome them. His experience and overall knowledge of law firm management are invaluable."
"Over a three month period, PerformLaw worked with each member of our firm and created a written marketing plan with specific recommendations on how our firm can take our marketing efforts to the next level.”
PerformLaw offers more than concepts and ideas for improving performance. Our dedicated team provides rich law firm management content to help lawyers and law firm managers make better decisions. Check out our blog and free resources.