Fundamental trends in professional services firms are creating opportunities for BV

BVWireIssue #104-4
May 25, 2011

And, at a third session at the AICPA Family Law Conference last week, Ron Seigneur (Seigneur Gustafson) told the audience that professional services firms, such as accounting and law practices, are in a state of transition.  Professionals have made money over the years, are getting older, and are now asking themselves: Who are we? Where are we headed? Who is along for the ride and who is driving?

“We’re seeing a huge issue in the Denver market with law firms– a lot of upheaval,” he says Seigneur. “This month two large and established law firms are dissolving, and there are disputes over partnership agreements. Lawyers never quite want to resolve buy sell agreements because they want to keep their options open. And law firms are litigious and fight over things, which present opportunities for us.”

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