PRACTICE BROKING SERVICES

How you are served

Sale of your practice or equity holding

We help you leverage your life’s work by:

	Preparing your practice for sale with: •   Practice overview and offer documents •   Valuation •   Accounting and tax advice on transition structures and the implications of selling your practice
	Providing strategy tools and skills to increase profitability and grow your exit value
	Conducting discrete and effective marketing of your practice to find the ideal purchaser
	Negotiating the sale in a neutral and totally confidential environment

Merging or acquiring a practice

We can assist your growth strategies by:

	Introducing you to practices of interest
	Conducting due diligence and independent financial assessment including: •   Modelling the business and financial implications of the merged entity •   Valuation and acquisition proposition •   Tax implications of acquiring a practice •   Financial systems and accounting policy integration
	Thoroughly examining all factors that will arise in the merged entity and developing appropriate solutions
	Negotiating the purchase or merger in a neutral and totally confidential environment

Pre Sale Due Diligence

If you are considering the succession or sale of your practice we can help increase the sale price by conducting a presale due diligence. The process involves:

	Reviewing the current operations of the firm
	Developing strategies that will increase profitability and the resultant sale price
	Equipping you with the tools and skills to plan the sale of your practice including exit strategies and succession planning

FMRC – intimate knowledge of the legal profession

FMRC is a specialised consulting business that has been providing management advice to law firms throughout Australasia for the past 30 years.

Through our consulting and research activities we have an intimate knowledge of performance levels and trends in private practice and contacts within those firms wishing to change their circumstances. We act for firms wishing to sell their equity and have a list of clients who are looking for the right firm to acquire or merge with.

We know and understand what drives value in a legal practice and can assist you in optimising your equity transfer or acquisition.

Today we act for law firms throughout Australasia, from major national firms to mid-sized, boutique and progressive small firms. In addition, we also serve a number of government departments and bodies.

Sam Coupland B Ec, Grad Dip Fin Mgmt, CA

Sam is a Chartered Accountant and a licensed business broker.

He is involved in all facets of practice management consulting, working with partners and managers to develop and grow their practices. His consulting interests and experience includes profit improvement strategies, law firm valuations, strategic planning, merger negotiations and business coaching.

From his research, training and consulting activities, Sam is in a unique position to work with you to successfully manage equity decisions in your firm. Prior to joining FMRC, Sam was a member of the consulting division of a Big 4 accounting firm.

Neil Oakes B Ec, Grad Dip Fin Mgmt

Neil has been working almost exclusively as a management consultant with the legal profession for 20 years. He undertakes consulting assignments for law firms throughout Australia and New Zealand, specialising in strategic advantage, profit growth strategies, contemporary leadership and change management. Each year he is involved with some 110 law firms of various sizes and specialty areas of practice.

Confidentiality

Confidentiality is of paramount importance. We operate within a totally confidential and neutral environment.

Our purpose is to find the best solution for your practice. We are discrete in the approaches we make in the market and will not approach any third parties or disclose any information about your practice without your prior consent.

No information is disclosed to a third party until they have signed a confidentiality agreement.

Contact details

For a confidential and obligation free meeting call Sam Coupland 02 9262 3377 samcoupland@fmrc.com.au

DOWNLOAD BROCHURE

Where we provide any advice on this website, it has been prepared without considering your objectives, financial situation or needs. Before acting on any advice on this website, you should consider its appropriateness to your circumstances and, if a current offer document is available, read the offer document before acquiring products named on this website. Past performance of any product described on this site is not a reliable indication of future performance