Our Company is lifting the bar in legal recruitment and creating the perfect people fit for legal teams. One point to factor into the fee structure is that the broker normally only markets your business and potentially works out the rate.
It is therefore important to determine precisely what in general services will be supplied by the broker and to add the list to the broker's terms.
In this video op-ed Richard Susskind, co-author of "The Future of the Professions: How Technology Will Transform the Work of Human Experts," lays out the challenges facing law firms today, and what he believes will be the difference.
In the upcoming second part of our video series, Susskind will respond to questions about the ideas he presents in his book, which was co-written with his son, Daniel Susskind, a lecturer in economics at Balliol College, Oxford
Any seller wants to ensure that they get maximum value for the company, which is payable as quickly as possible and with minimum continuous liabilities including warranties or indemnities.
This exercise can either be carried out by yourself or alternatively by a specialist consultant with experience of preparing a company for sale. If you opt to carry out the exercise yourself then you might consider using a Financial and Legal Due Diligence Questionnaire as a guide. These are due diligence documents which are sent out by a potential purchaser to a seller in advance of a sale as part of the reality finding or due diligence exercise.
Jeff A. Bucher
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