Over the past several years, I have bought a number of small, closely held businesses,including professional firms like law firms. Along the way our team has learned that the legal process of getting a deal done is not something to
The hard truth about private equity’s entry into the law firm market The hard truth about private equity’s entry into the law firm market Private equity is beginning to enter the legal industry with transactions such as Uplift’s acquisition of
Larry, a seasoned corporate lawyer, checks the emails on his phone first thing in themorning. In his inbox, he sees an email from Aaron, a client he’s done some work for every year. Aaron’s email attaches a service contract, clearly drafted by
This is the kind of question that entire textbooks can (and have) been written about. Even an entire year of law school would just barely be enough to cover the wide variety of legal issues that can come up in
Earning a summer student job or articling placement at a law firm is competitive in Toronto and the surrounding areas. It’s not uncommon for firms to receive hundreds of applicants for relatively few positions. Given the competition for jobs, some
Bankruptcy is a legal process governed by the Bankruptcy and Insolvency Act (BIA). An insolvent person who has no other way to meet their financial obligations may file for bankruptcy, unless they have not been discharged from a previous bankruptcy.
Better Call Saul and AI: Changing the perception of the‘ideal lawyer’ Better Call Saul and AI: Changing the perception of the‘ideal lawyer’ Charles McGill, the decorated senior partner in the TV series Better Call Saul, is everything the legal profession
Purchasing a home is a goal many of us share, but the journey to home ownership may be a long and strenuous one. The process involves a lot more than just house hunting, making an offer and moving in. Figuring
After initial pushback and criticism, law firms in Canada are finally instituting artificial intelligence (AI) in their offices in a significant way. For example, Torys, one of the largest law firms in Canada, has entered into a partnership with Harvey,
Selling a business can be a complex and challenging process, especially if you are unfamiliar with the legal requirements and procedures involved. If you own a business in Ontario, Canada, and are considering selling it, there are several important factors