Background
GRM's Partner Recruitment Team were selected to find a new Litigation partner to strengthen the growing office of SME law firm, Alchemy, in Johannesburg.
Assisting growing SME law firms is a niche speciality for GRM.
Challenges Faced
Attracting Partners from bigger law firms to join small, but profitable and growing law practices, is sometimes challenging. The shift in size, the support, and many more aspects of change, means that we have to be incredibly detailed and careful whom we focus on.
It won't suit everyone, but for those that are perfectly matched it can be a career, and remuneration, enhancer.
Solutions Implemented to tackle these challenges, GRM adopted several strategic measures:
• Market mapping, cultural understanding
Our methodical and careful approach, is designed to ensure we know everyone and everything about them.
And can match them to a unique law firm personality.
• Technical Analysis
Deep case and deal flow analysis by our analytical team, combined with research houses, to test the track-record of every Partner we assess.
• Checks and Balances
Our data team supported by our Transaction Team worked for months on checking the depth of client relationships, deal experience and finding the truth behind the revenues.
Introduction
Alchemy Law Africa is a niche South African law firm specialising in corporate and commercial legal services, with expertise in M&A, private equity, corporate finance, and securities, led by internationally recognised lawyers.
Results and Impact
What must be remembered is that there is a home for everyone. Law firms are filled with many different personalities, and SME law firms that have a strong growth plan need a certain type of personality.
Once you find the right people to join them, just one person can make a massive difference to the organisation.
Conclusion
GRM identified and secured a phenomenal Disputes Partner with a 25 year track record and millions in transferable revenue from one of the market leading firms in SA. Another successful conclusion to a mandated project.
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