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KEEP YOUR BEST PEOPLE

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Lead with confidence

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Build Longevity



How much of your firm's future is at risk because you have no transition plan? 

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Don't let these issues chase your best people away:

  • No leadership transition plan
  • Unclear financial agreements
  • No client transition map
  • No attorney development plan

 

A structured process helps you make the right choices in time

A fair process

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Our objectivity builds credibility

A PROVEN PLAN

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Clear planning steps everyone can understand

A DELIBERATE PACE

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We'll help you keep the process moving

You've built a great firm and had a great run.
Let's figure out what comes next.

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

LAW FIRM TRANSITION PLANNING SERVICES

DESIGNED TO ENSURE THE LONG TERM VIABILITY OF YOUR LAW FIRM

THE NUMBERS

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 BANK

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THE AGREEMENTS

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 CORRECTLY

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THE STRATEGY

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 SUCCESS

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THE REALITY

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 MOTION

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HERE'S HOW IT WORKS

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Contact us an discuss your situation and service options

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We'll create a game plan and fee agreement

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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. In order to do that, you need the right process to ensure a successful outcome. The problem is 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 numbers right
Get the agreements right
Help create a strategy 
Help implement the plan

Get the expert help your firm deserves now. And in the meantime, please visit our blog and download our eBook

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!

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WHAT SOME OF OUR CLIENTS SAY

More information to help you manage your law firm right

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.