Exit Strategy

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Challenge: A large National law firm with interests in many practice areas had a large group of partners looking for an exit strategy and needed help executing a plan that would protect the firm and it’s reputation while ensuring the future for it’s partners that remained to run the firm and take it into the future. 

Nordstrom and Company worked with the partners who were looking to stay and build and connected them with outside resources willing to bridge the gap necessary to buyout the partners looking to exit. Monitizing the existing cases retained by the firm across multiple practice areas, we were able to assign a value the could be used as collateral and combined with the good will of the brand identity, all parties were able to agree to a fair and equitable transition.