Professional Services Firms: If They Want To Buy Us, Should We Sell? Ten-Minute Talk
July 12th, 2024 by Stuart Smith
![ZulonCorinneAndy](https://www.cm-murray.com/wp-content/uploads/2024/04/ZulonCorinneAndy.png)
In this second of our two-part series of Ten-Minute Talks, special guest Andy Poole (COO and Legal Sector Partner at Armstrong Watson), Corinne Staves and Zulon Begum (Partners at CM Murray LLP) explore strategies for professional services firms in responding to an offer from an acquirer. How do you assess if the price offered is fair? Should you negotiate it, and if so, how? How […]
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SRA Warning Notice on Law Firm Mergers, Sales and Acquisitions: Ten-Minute Talk
June 28th, 2024 by Stuart Smith
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In June 2024, the SRA issued a warning notice on law firm mergers, sales and acquisitions, seemingly in response to the fallout from the collapses of Axiom Ince and SSB. In this Ten-Minute Talk, Partners Corinne Staves, Zulon Begum and Andrew Pavlovic discuss the content and implications of this SRA Warning Notice, with a particular focus on how […]
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Professional Services Firms: Will They Buy Us, and How Much Will They Pay? Ten-Minute Talk
April 26th, 2024 by Stuart Smith
![ZulonCorinneAndy](https://www.cm-murray.com/wp-content/uploads/2024/04/ZulonCorinneAndy.png)
In this first in a two-part series of Ten-Minute Talks, special guest Andy Poole (COO and Legal Sector Partner at Armstrong Watson), Corinne Staves and Zulon Begum (Partners at CM Murray LLP) explore strategies for mergers and acquisitions in professional services firms. This discussion will be of particular interest to professional services firms, including founder led businesses, considering merger or sale as a means of […]
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Significant shift by HMRC will force LLPs to review their partner compensation
March 5th, 2024 by Mitchell Blythe
HMRC has recently updated its guidance on the salaried member tax rules. The key consequence is that LLPs which rely on the contribution of capital to be confident that members are not taxed as employees need to review, and potentially change, their approach. In the simplest terms, the salaried member rules required LLP members to […]
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Effective Integration of Lateral Hires in Law Firms: Ten-Minute Talk
January 29th, 2024 by Stuart Smith
![ZulonStephenCorinne](https://www.cm-murray.com/wp-content/uploads/2024/01/ZulonStephenCorinne.png)
In this Ten-Minute Talk, Partners Corinne Staves and Zulon Begum speak with legal recruitment expert Stephen Rodney, founder of IntoGreat Coaching, about how to ensure the effective integration of lateral partner hires in law firms. Key discussion points from this Ten-Minute Talk: How effective are lateral hires within law firms overall? Are firms and individuals getting it right and what improvements […]
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Defining the Perfect Partner – Podcast Recording with Zulon Begum and Moray McLaren
January 22nd, 2024 by Stuart Smith
In this podcast recording, Partner Zulon Begum and leading international law firm management consultant, Moray McLaren discuss new research by the IBA’s Law Firm Management Committee (LFMC) which explores recent trends in partner profit sharing, remuneration and reward. The research has been published by Harvard Law School and is available here. Key discussion points from […]
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View our top 5 most popular Partnership and Regulatory Law content from 2023
January 11th, 2024 by Stuart Smith
In this news alert, we bring you a round up of our top 5 most popular Partnership and Regulatory Law content from 2023. What Are The Key Aspects of LLP Agreements That Firms Need to Update in the Current Climate? – Ten(-ish) Minute Talk In this Ten-(ish) Minute Talk, Managing Partner Clare Murray and Partner Zulon Begum discuss […]
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Updating Your LLP Agreement to Prepare for Merger: Ten-Minute Talk
December 15th, 2023 by Stuart Smith
![ZBCMM](https://www.cm-murray.com/wp-content/uploads/2022/03/ZBCMM.png)
In this Ten-Minute Talk, Partner Zulon Begum and Managing Partner Clare Murray discuss LLP agreements, focusing on how firms should update their agreements in preparation for a merger. Key takeaways from this Ten-Minute Talk: The three common ‘gaps’ in LLP Agreements in relation to potential future mergers or transactions are usually (i) unachievable decision-making thresholds […]
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Partner Remuneration & LLP Agreements: Updating Your Firm’s LLP Agreement to Reflect its Changing Partner Remuneration System: Ten-Minute Talk
November 21st, 2023 by Stuart Smith
![ZBCMM](https://www.cm-murray.com/wp-content/uploads/2022/03/ZBCMM.png)
In this Ten-Minute Talk, Managing Partner Clare Murray and Partner Zulon Begum discuss LLP agreements, with a particular focus on partner remuneration. Key takeaways from this Ten-Minute Talk: The importance of ensuring the firm’s partner remuneration system, metrics and procedures are clearly documented within the LLP Agreement and any associated policies and allow for a degree of flexibility to respond […]
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CM Murray Launches Online Tool to Review LLP Agreement Compliance and Best Practice
October 18th, 2023 by Stuart Smith
CM Murray has launched a unique, interactive online tool to assess Limited Liability Partnership (LLP) agreements. The tool, named CheckYourLLPAgreement, is free to use and can help General Counsels (GCs) and management teams in professional practices and law firms ensure their LLP agreement is robust, competitive, appropriate and in line with market practice. The tool […]
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