Articles

Provincial city firm achieves rapid opportunistic acquisition

In this article Howard looks at why you should always expect the unexpected, having recently assisted this four partner firm based in a provincial city.

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Ten partner firm finds target firm is insolvent

Howard reflects on how the early involvement of a Lead Advisor and the formation of a merger sub-committee of partners can save a significant amount of management time and expense. This case involved a major single office, full service high street firm with 10 equity partners, based in a County town.

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Succession Can Create A Difficult Conversation, But It Doesn’t Have to…

Preparing to pass the business to the next generation is often seen as one of the biggest challenges facing the family business, resulting in changes both for the family and the business. Howard looks at 7 key steps to help with the succession planning process.

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Creating An Internal Market For Shares In The Family Business

As family businesses pass through the generations, there is a tendency for the shareholding to become more dispersed as more family members own shares in the business. Howard explores the questions that need to be asked to help families determine some ‘ground rules’.

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Back from holiday, seconds out – Don’t let conflict hit the family firm!

Family firms are built upon relationships and clearly when you work with your nearest and dearest there is a tendency not to draw the line between business and family life. 70% of family firms fail to survive to the second generation. Howard looks at some key steps for reducing the risk of a family feud developing.

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Family Businesses, Surviving the Generations

Family businesses are the backbone to the UK economy but few survive to the 3rd generation. In this article Howard considers why and how to avoid being one of the statistics. He also looks at the role of the adviser.

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Managing Your Partner Resource

Howard presented to the Law Management Section of the Law Society on 18th September 2013 – here are the key points from the webinar, applicable to PI firms.

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Selling your Law Firm

The purchase and sale of law firms are at unprecedented levels given the strategic changes that continue to take place in the “legal industry”.  In this article Howard considers the issues involved and how best to maximize value.

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Managing Your Escape

Giving up practicing life comes to us all and realisation of value becomes the key issue. This can be achieved by outright sale, planned closure or admission of partners. Howard looks at the practical issues.

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Moving On

Howard Hackney looks at the practicalities of succession planning for private client firms, either through selling the firm or bringing in new partners – and what retiring partners need to do to plan their own future.

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Press Releases

Leading Cheshire Firms Facilitate Specialist Acquisition Deal – Cheshire-based firms Aaron & Partners LLP and Howard Hackney LLP have concluded a significant acquisition deal on behalf of a leading asbestos litigation practice. Read Full Release

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