Due Diligence

Why you need to do your due diligence on a firm before buying in (and how to do it!)

Does anyone really do their due diligence on a firm before buying in? If you are like nearly every other person in professional services, the day you get offered partnership will be one of the best days of your career. What you won’t be thinking about when the offer comes through is, “how solvent is …

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a man with a magnifying glass to represent doing your due diligence on a law firm

Your top six priorities when you are successful in the partnership admissions vote

Firstly, well done for making it to partner! You have probably made the biggest and toughest step up you are ever going to do in your career. In the few months before your appointment to partner becomes permanent you have some essential activities to see to. In this article, I examine your top 6 priorities. There …

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Doing your due diligence: How to assess if your firm is solvent

When you admitted to the partnership as an equity partner, whether fixed share or full equity, you will be asked to make a large capital contribution to your firm. This means that you need to do your due diligence on your own firm, before formally accepting the offer of partnership. One of the areas of …

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