Areas of Practice
Research & Project Management
Many law firms, particularly in the Midlands are seeing huge spikes in the number of approaches from smaller firms looking to be acquired. Due to startling increases in the cost of public indemnity insurance, unsuccessful succession planning or a longer term plan, an increasing number of firms are looking to be acquired.
Apis Strategy offers a retained service, making us available to you as and when you need us, as soon as the conversation starts.
With ever growing demands on partners, Apis Strategy does the time consuming analysis and due diligence. We are an outsourced service to analyse and advise to proceed or reject before you enter into conversations, saving your most valuable resource; time. Should the firm be a good strategic option once we’ve researched and highlighted the value, if any, to your firm, we project manage the process from start to finish, mediating between the firms to ensure communications are open, efficient and all parties feel comfortable communicating candidly to reach a stronger and more effective outcome.
People Growth
Human capital is the most valuable resource to any firm. Whether you’re looking to expand your market share geographically or enter into a new market altogether; Apis Strategy has the experience, market understanding and discretion to execute senior level team hires. There are few better ways to create a wave in the market and show clients your strength than to invest in your human capital and grow in a smart and strategic manner.
We work with you to poll, research and execute senior level acquisitions from full market mapping to research, intelligence to headhunting, enabling you to acquire senior led teams, key stakeholders and leadership hires.
Bringing in new partners is a risk, but acquiring a team mitigates the risk not only smoothing the transition period for both parties but enabling a stronger portable business case and a better outcome for both clients and the firm.
Apis Strategy has the experience, sensitivity and understanding of such political and highly complex projects. Using a third party in such cases enables both parties to communicate and discuss openly their feelings and views; This enables a more transparent and fluid process of engagement, and thus a far higher success rate giving you the best chance of a successful acquisition.
Partnership & Process Reviews
Whether you are looking to reengage the partnership, assess your strengths and weaknesses from the view of your most critical minds, or gain an honest opinion on future change or restructure, we speak to your team, analyse and provide detailed reporting and open communication.
For any law firm, international or boutique, both the firm and the people change. Whilst associates are easier to manage, communicate with and incentivise, once in the partnership and officially a business owner, communication channels between partners and management often become less transparent. With more at stake and the natural inclination to avoid confrontation and contention, senior management are often unable to get a clear picture.
Apis Strategy acts as an intermediary to ask the critical questions, and give you the information you need in a collated and clear analysed report.
The value of a review is limitless. Your partnership feels heard, are able to speak freely and without fear or consequence leaving you in a far clearer position to proceed with a new process, reevaluate your plans or just to increase and improve your working process.
The value and result of this is both immediate and drastic.
Business Strategy & Development
With the ever growing list of responsibilities a partner in a law firm has to face without affecting their fee earning opportunities; it is not always easy to step back and look at their practice, growth and business case.
At Apis Strategy, we help work with you to identify key areas for growth, strategic partnerships and ‘referer’ relationships.
We work with senior management teams and listen to your visions for the firm in the longer term. We evaluate the current firm offering, identifying key relationships, verticals and cross selling opportunities and highlight a strategy to take advantage of untapped opportunities and expand the practice aligning with your values, firm culture and visions.