Law firms looking to expand into new markets must determine the best strategy. Some start from scratch, open a satellite office and attempt to grow it. Others seek to buy existing law firms and put them under their umbrella. The potential pros and cons of each strategy are below. Does Buying Existing Law Firms Make…
Tag: growth
Is your law firm growing?
Many law firms are static in size. From year to year, there is the same number of employees. There are the same number of offices. The number of clients is relatively the same. This means that the revenue of the law firm and law firm salaries are relatively the same. All things being considered, having…