Acritas provides law firm leadership with confidential merger intelligence, cost-effectively.
Achieving sustainable growth in the toughest recession on memory is more than challenging. In the legal industry we are seeing more and more firms utilizing the potential a merger or acquisition offers.
The strategic rationale of mergers are both opportunistic and defensive. A successful merger can really propel a firm forward in terms of its size, capabilities, client list and in most cases, geographical footprint. It is a significant challenge to get right.
Finding the perfect suitor and convincing the partnership remain challenging. Many firms fail in their choice, through poor integration and cultural alignment.
Market research increases the chances of a successful fit. Internal research to evaluate values and culture alignment and an independent external perspective are highly recommended as part of the strategic analysis. However, commissioning custom external market research can be problematic in terms of anonymity and time constraints and it can be expensive.
sharplegal is the ideal evidence-based addition to your merger due diligence.
sharplegal is the leading survey of General Counsel from the world’s top companies. Now in its 4th year, sharplegal provides independent and robust market insight that enables law firms to make strategic decisions based on credible data, at a fraction of the cost of commissioning their own study. The data can also be used as evidence to convince the partnership of the merits of such a strategic move.
Working with firms, under NDA, Acritas' produces insight about your potential suitors. We can uncover real client experiences of quality and service and prospects’ perceptions of the potential firm and its strengths. The evidence-based insight adds an important dimension to any financials and the Chairman we work with report positively about the information provided and its part in ultimate decision making.
Acritas is also experienced in providing evidence-based insight post-integration to improve stakeholder and employee acceptance, brand development success and ultimately contribute to sustainable growth. Popular post-merger services include employee satisfaction and engagement studies, new brand development and brand concept testing. At this time client reviews are highly recommended to understand any hopes and fears they have of the new firm.
All enquiries are confidential.
If you would like to find out more about how Acritas and its sharplegal® survey is supporting merger strategies please contact us.