We are delighted to invite you to join the Professional Practices Alliance (PPA) discussion as it continues to explore ‘Growth Strategy’ with a 2-part mini-series on professional services firm mergers on Tuesday, 24 May and Thursday, 26 May 2022.
In the first session, join Chair Corinne Staves (Maurice Turnor Gardner LLP) and expert panel, Simon Slater, (Guest Speaker, Cripps Pemberton Greenish and Byfield Consultancy), Giles Murphy (Guest Speaker, Smith & Williamson), Rob Millard (Cambridge Strategy Group) and Zulon Begum (CM Murray LLP) as they discuss planning and preparation for a possible merger, including:
- How can a firm identify if a merger is right for it? An examination of both the positive reasons, such as the pursuit of a growth strategy and the negative, including avoiding a distress situation.
- When should you merge?
- What makes a good merger partner and where do you find one?
- How to ensure the firm is ready for merger.
- Using reverse due diligence to address potential obstacles in advance.
- Is a governance overhaul needed?
- Annuitants, pensions, dilapidations and other potential balance sheet horrors.
Date: Tuesday, 24 May 2022
Time: 9.30 am – 10.30 am BST
Speakers:
Simon Slater, Non-Executive Director, Cripps Pemberton Greenish and Byfield Consultancy (Guest Speaker)
Giles Murphy, Partner and Head of Professional Practices and Head of Professional Services Strategy, Smith & Williamson (Guest Speaker)
Rob Millard, Director, Cambridge Strategy Group
Zulon Begum, Partner and Head of Non-Contentious Partnership Practice, CM Murray LLP
Chair: Corinne Staves, Partner and Head of Professional Practices, Maurice Turnor Gardner LLP
Should you have any questions that you would like to be put to the speakers, please email Corinne Staves.
In the second session, join Chair Corinne Staves (Maurice Turnor Gardner LLP) and expert panel Zulon Begum (CM Murray LLP), Andrew Pavlovic (CM Murray LLP), David Fisher (CM Murray LLP), Rob Millard (Cambridge Strategy Group) and David Shufflebotham (Pep Up Consulting), as they explore the merger process and post-merger integration, including:
- Road map of the merger process:
- What should be included in heads of terms?
- Agreed press statements.
- Decision-making processes and timing.
- Managing rogue partners and pre-merger partner exits.
- Managing the impact on the two firms’ teams.
- Aligning different compensation systems and managing partners’ financial expectations.
- Aligning cultures.
- The importance of good post-merger integration and how to achieve this.
Date: Thursday, 26 May 2022
Time: 9.30 am – 10.30 am BST
Speakers:
Rob Millard, Director, Cambridge Strategy Group
David Shufflebotham, Founder and Partner Remuneration specialist, Pep Up Consulting
Zulon Begum, Partner and Head of Non-Contentious Partnership Practice, CM Murray LLP
Andrew Pavlovic, Partner and SRA Professional Discipline and Regulatory Investigations Specialist, CM Murray LLP
David Fisher, Partner and TUPE specialist, CM Murray LLP
Chair: Corinne Staves, Partner and Head of Professional Practices, Maurice Turnor Gardner LLP
Should you have any questions that you would like to be put to the speakers, please email Corinne Staves.
Join us for our next Professional Practices Alliance Discussion:
Save The Date: 29 June 2022
Time: 9.30 am – 10.30 am BST
Topic: “The Greater Good; how professional firms are embracing B Corp status, ESG and other non-profit making objectives”
Further details to follow.
The Professional Practices Alliance is a multi-disciplinary collaboration between leading UK independent legal, accounting and law firm management specialist advisers, CM Murray LLP, Maurice Turnor Gardner LLP, Pep Up Consulting and Cambridge Strategy Group.
We are delighted to invite you to join the Professional Practices Alliance LinkedIn group, a collaborative networking and information sharing space for professional services firms.
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