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How to Approach a Law Firm Merger/Acquisition
Many law firms ' of all sizes and types ' believe that their future organizational and financial security is linked to growth and/or diversification. They are seeking the lateral addition of experienced lawyers through the acquisition and merger of practices. These firms are seeking to anticipate trends of their clients and in legal practice.
The merging/acquiring of practices results from a variety of situations, including: elderly lawyers in firms blending their practices with small, medium-size or larger law firms; large city law firms seeking to combine their respective talents and practices; expatriates from larger firms forming smaller boutique law firms; government attorneys moving back to private practice; and spin-offs from seemingly successful firms.
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The Article 8 Opt In
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Major Differences In UK, U.S. Copyright Laws
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Transfer Tax Implications on Real Property Leases
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.