Summary: The Reasons Why Growth by Acquisition Has Arrived to the Legal Industry

As Jeremy E. Poock, Esq explains, Growth by Acquisition has arrived to the Legal Industry because:

1. Senior Attorney Lead Firms Have What Growing Law Firms Need: Senior Attorney lead firms typically have Mature Practice Areas built upon 6 Core Foundations;

2. During Today’s 3.0 Digital Era, Growing Law Firms Have 3 Primary Needs: To accelerate growth, Growing Law Firms have the following 3 needs in today’s 3.0 Digital Era: (i) New Clients; (ii) An experienced workforce; and (iii) Digital content; and

3. The Two-Fold Benefits of Growth by Acquisition: Growth by Acquisition presents the following 2 primary benefits to Growing Law Firms: (i) Pure growth by acquisition of acquiring like-kind practice areas; and (ii) Cross-marketing opportunities when Senior Attorneys join Growing Law Firms.