“Teams and groups are much harder to pull off. The degree of difficulty is a challenge. There’s a real prize if you get it right,” says co-host Howard Rosenberg as he and Chris Batz dig into the complexities of law firm growth through team acquisitions. They emphasize the strategic advantage of acquiring teams rather than individual hires. It’s a more challenging process, but the rewards—stronger firm cohesion, better retention, and a lower risk profile—make it worth the effort.
Chris notes that many firms are now open to making bold moves, like doubling their size through mergers. But both hosts point out that the real test is in integrating these new teams into the firm’s culture and structure. What makes for a smooth transition? They agree that a clear plan, strong leadership, and a compelling market story are essential. For any firm aiming to grow, this episode serves as a reminder that success lies in more than just closing the deal—it’s about executing a thoughtful, sustainable strategy.
Quotes
“If a law firm leader can do 10 onesies and twosies over the course of 12 months, that’s going to create some runway. That’s going to make it happen. But teams and groups are much harder to pull off. The degree of difficulty is a challenge. There’s a real prize if you get it right, but again, there’s a lot more work involved in pulling together a team. The team has to go together, and the conflicts have to be resolved.” (00:50 | Howard Rosenberg)
“Everyone wants a team or a group because it lowers the risk profile of doing these deals in the marketplace. They have a better traction rate in terms of… They don’t stick around for a lot longer. They’re embedded in the organization. They don’t leave as easily. There are obviously integration issues, but with the onesies and twosies, a lot of management time is spent just bringing those people to the line.” (01:24 | Howard Rosenberg)
“I think firms need to be focused and strategic, but they also need to be open-minded about how they go about that process.” (05:11 | Chris Batz)
“For firms to remain competitive, they have to think in larger acquisition sizes. But I respect firms that don’t have a desire to grow in dramatic ways. Continuing to do what they’ve done because it works for them is fine but the competitive landscape is changing.” (13:56 | Chris Batz)
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