Share External investment for law firms

(www.ark-group.com)

The changes in the Legal Services Act will see the introduction of the first Alternative Business Structures come 2011. Additionally, the tumultuous economy of the past 18 months has dealt a valuable lesson to partners across the legal sector to secure the long-term stability and fund the long-term development of their firm. With another wave of change in the legal profession approaching, how can law firms prepare themselves financially and structurally, as well as ensure that they can remain competitive? One option that is gaining increasing momentum is seeking external capital.

Managing Partner Webinar is happy to be working with Giles Murphy, a Director within the Professional Practices Team at Smith and Williamson, to bring you our Examining the Alternatives: External Investment for Law Firms.

Find out what options are available to you so that you can form a strategy that will allow you to draw ahead of your competition. About your webinar speaker: Giles is National Head of Smith & Williamson's Assurance and Business Services Division and specialises in advising professional practices and regulated entities. Giles advises on a wide range of partnership issues, including incorporation as companies and LLPs, on improving the manner and presentation of financial and non-financial information, risk management and general financial matters.
Giles also has a great deal of experience in valuing professional practices, both in relation to mergers and acquisitions, but also in relation to disputes, including being cross examined in Court as an Expert Witness. Giles has contributed to a number of books and regularly writes articles on the partnership sector. Giles is a member of the Association of Partnership Practitioners and a former member of Smith & Williamson's Finance Committee and former Chairman of the firm's Partnership Technical Group that is responsible for educating staff on the technical aspects of partnerships.