Insight, Strategy, Action.

Providing research, training & management advice to law firms throughout Australasia for the past 40 Years.

Merger Checklist – Operational Issues

  1. Trust account
    1. Law Society Audit
    2. Trial balance and Statutory report
  2. Office and other bank account
  3. Cash and other deposits
  4. Loans and other finance facilities
  5. HP or asset lease arrangements -any gurantees or off balance sheet liabilities
    1. Each firm to provide schedule of leases (equipment, location, amount, term and residual)
    2. Proposed leases – changes to premises
  6. WIP
    1. Aged WIP by Fee earner
    2. WIP conversion reports
    3. Fee earner WIP budgets and reports
  7. Debtors – Aged debtors by fee earner
  8. Productivity and Fees
    1. Details of productivity reports and fee earner reports for each fee earner
  9. Draft Budget
  10. Company/practice structure – minutes and records of practice
  11. Retirement and other policies and protocols – Keyman insurance
  12. Engagement/retainers & fixed fee arrangements
  13. Client lists
  14. PI Insurance claims/notifications
  15. Practice structure – Practising certificates
  16. Conflict files
  17. Problem files
  18. Agency arrangements
  19. Precedents and other resources
  20. Library
  21. Website, logos, letterhead, intranet, extranet and marketing materials
  22. Legal personnel
  23. Support staff
  24. Leave and other entitlements
  25. WorkCover& superannuation arrangements
  26. WAN/LAN – desktops/serverse/applications and other software
  27. Telephone and other connections
  28. Premises – lease/other
  29. Furniture
  30. Other agreements e.g., service agreements