When two law firms undertake merger discussions, they eventually exchange financial information. Typically, the exchange is anticipated from both a curiosity standpoint as well as a practical standpoint. Ultimately, no merger will occur if it does not make good economic sense; therefore, critical financial review is essential. Certain missteps involving the financial review appear repeatedly, says consultant Jonathan Kuo, who offers a list of do's and don'ts to combat problems related to merger financials.
December 20, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
When two law firms undertake merger discussions, they eventually exchange financial information. Typically, this exchange is anticipated from both a curiosity standpoint as well as a practical standpoint. Ultimately, no merger will occur if it does not make good economic sense; therefore, critical financial review is essential.
In our experience at Hildebrandt International, Inc. certain missteps involving the financial review appear repeatedly.
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