Law firm succession

Your case inventory is an asset. We value it from the record.

Criterica Capital provides succession capital, acquisition capital and a sale or merger path for owners of contingency-fee firms, and values the case inventory from the record. A written read of the docket comes first, with no obligation.

The firm is the owner’s largest asset, and the hardest to price.

A contingency docket has no balance sheet that shows what it is worth. Partners who want to retire, sell, merge or buy need someone who can read the inventory matter by matter and say what it supports.

Paths

Five ways to transition or grow a practice.

Succession capital

Capital so the next generation of partners buys the founders out, repaid from the firm’s fees as cases resolve.

Acquisition capital

Capital for a firm buying another practice or a book of cases, sized on the inventory it acquires.

An outright sale of the practice

The case inventory is valued from the record and the practice is sold, to a buyer we bring or to one you choose.

A merger with the inventory financed

Two firms combine and the combined inventory finances the transition.

Keep your name and your clients

Some structures leave the firm’s name, its staff and its attorney-client relationships in place. The structure is set with the owners and reviewed by counsel.

What comes back first

A written read of the docket.

No obligation, and nothing is said to anyone without your instruction.

Entry offer

The docket read

We read the docket matter by matter: stage, venue, expected resolution and what the inventory supports. You receive it in writing, and you decide what to do with it.

Value my practice
How it works

From docket to a transaction.

  1. STEP 1
    Value my practice
    Tell us who you are, what you want and when.
  2. STEP 2
    Send the docket
    A case list and the fee agreement template.
  3. STEP 3
    Written read
    What the inventory supports, in writing.
  4. STEP 4
    Path and structure
    The path you choose, set out in writing and reviewed by counsel.
What to send

Three items start the read.

Send what you have. We tell you what else is needed.

Item
What it covers
Case list
Each matter with its stage, venue, filed date and expected fee.
Fee agreement template
The agreement the firm signs with its clients.
The partners’ horizon
When owners want to transition and what they want afterward.
By state

Law firm succession in all 50 states and DC.

Each state page covers the legal market and practice areas, and how the three paths apply to a firm there.

Value my practice.

FAQ

Questions

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