Question
I am the sole owner of an estate planning firm in the San Francisco Bay Area. We have one branch office and are contemplating acquiring another practice that would give us a third office. We have a total of
Olmstead & Associates
Olmstead & Associates is a practice management, marketing, and technology consulting firm that works with law and other professional service firms ranging in size from 100 professionals to firms with solo practitioners. The firm, founded in 1984 and based out of St. Louis, Missouri, serves clients across the United States assisting them with implementing change and improving operational and financial performance, management, leadership, client development and marketing. Our clients benefit from our results-orientated team approach to consulting engagements where we focus on implementing change and improvements rather than simply providing advisory services. We partner with our clients and serve as a member of our clients management team and function as an advisor, coach, teacher, and facilitator. Our coaching program provides attorneys and staff with one-on-one as well as group coaching to help them get “unstuck” and move forward on initiatives, reinventing both themselves and their law practices.
Website:
https://www.olmsteadassoc.com/
Olmstead & Associates Blogs
Blog Authors
Latest from Olmstead & Associates
Law Firm Succession and Exit Strategy – Referring Out Work too Soon
Question:
I am an estate planning attorney in Chicago. I am currently 72 and have been in practice and owned my own firm for 45 years. In the past I had an associate attorney in the firm and a couple…
Law Firm Succession – Using Affiliation or Of Counsel Relationships as a As a Pre-Merger Pilot Test
Question:
I am sole owner of a law firm in San Rafael, California with an estate planning practice. I have two part-time attorneys, four paralegals and three legal assistants. I am in my late 70s and want to retire in…
Law Firm Structure and Governance
Question:
We are a group of six partners that are in the process of leaving a well established firm in Los Angeles, California and will be starting our own firm. In our early planning we have been discussing how we…
Law Practice Succession Planning for a Sole Owner – A Question of Value
Question:
I am a sole owner of a three attorney firm in Chicago suburbs. I am sixty-five and have two associates in the firm. We do estate planning, elder law, and estate administration exclusively. While I want to continue working…
Law Firm Succession – Transition of Senior Partners Leadership and Management Roles
Question:
I am one of three founding partners in a 17 lawyer insurance defense firm in Houston. We have a total of 18 lawyers in the firm – 3 founding equity partners, 4 other equity partners, 5 non-equity partners, and…
Law Firm Practice Group Management – Practice Group Leader Roles and Responsibilities
Question:
Our firm is a 17 attorney insurance defense firm in Cincinnati, Ohio. We are in first generation and we have 9 equity partners, 3 non-equity partners, and 5 associates. We are managed by a three member executive committee and…
Law Firm Equity Partnership – Buy-Ins and Buyouts
Question:
I am the sole owner of a personal injury practice in Orlando, Florida. I am in my mid-sixties and am looking to transition out of the firm and retire in the next five to seven years. I have three…
Equity Partners – Valuation of Shares and Affordability
Question:
I am one of three founding partners in a 12 lawyer general litigation firm in San Francisco. All three of us are in are sixties and are looking to begin admitting others as equity partners. We have three non-equity…
Law Firm Compensation – Compensating New Equity Partners
Question:
Our firm is a seventeen lawyer insurance defense firm in Austin, Texas. The firm was founded by the two existing partners twenty-five years ago. In addition to the three founding equity partners we have five non-equity partners and ten…