(l-r) Jim Cunningham, CEO of CunninghamLegal, Josh Kubicki, director of legal innovation and entrepreneurship at the University of Richmond School of Law, and Tom Lenfestey, founder of the Law Practice Exchange. Courtesy photos
Over the last two decades, the primary means of growth for California-based CunninghamLegal has been through acquisitions of other trust and estates law firms—23 in total over the last 20 years, said CEO Jim Cunningham.
The firm’s acquisition strategy is a natural byproduct of its niche as an estate planning shop, Cunningham said. Indeed, the firm owners that have sold to him have been boomer-aged attorneys seeking an offramp from the profession and others accepting judgeships who need to divest from their firm.
