New partners and law firm transmission

Appointing new partners and transmitting business (and equity) are essential stages in the life of a firm.

JENSEN & SCHWEBLIN assists lawyers, law firms and other regulated professionals in these key moments.

JENSEN & SCHWEBLIN assists its clients in defining the criteria for partnership, presenting a motivating project to the prospective partner and determining the terms of the partnership.

For a firm structured as a corporate entity, this will involve transfers of shares. JENSEN & SCHWEBLIN advises its clients on how to structure these transactions so that they are attractive to both the transferor and the new partner.

The end of a career can take the form of the sale of a business or shares in a company.

JENSEN & SCHWEBLIN knows that the key to a successful transfer is anticipation. 

JENSEN & SCHWEBLIN helps its clients to plan and complete the transfer of their practice.

Areas of expertise

  • Terms and conditions of partnership 
    • Criteria for promoting associates to partnership  
    • Partnership offers
    • Structuring of equity and non-equity partnerships
    • Setting up equity acquisitions through holding companies 
  • Career paths within the firm 
    • Associate appraisal procedures
    • Associate status
    • Evolution of the partnership 
  • Transmission strategy 
    • Anticipating the transition
    • Valuation
    • Transmission agreements, progressive transmissions
    • Transfer of clients
  • Sales of professional firms 
    • Implementation of the sale
    • Structuring, LBOs, OBOs 
    • Taxation of the sale
    • Client transitioning agreements
This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.