Seasoned equity partners are increasingly striking out on their own, leaving BigLaw to build specialist firms that reflect their vision and ambition.
In the recent episode of Non-Billable, our Founder James Hacking and Partner Michael Estill unpack why this trend is gathering pace, and how for founding partners that take the decision to launch, they get the freedom to build a firm around the clients, culture, and values that matter most to them.
“There has never been a better time to have a conversation with a business like us than there is today, most of our clients don’t start up, they spin out. They’ve got existing books of business and loyal clients.” they note.
James and Mike explain how the combination of businesses like Kindleworth, increased access to capital, technology, and client demand for true practice specialism are removing the barriers that once made launching a specialist firm feel risky.
As Mike puts it “There are partners with very, very good practices who just don’t fit anymore. There’s a real opportunity to help them stand on their own two feet and create really interesting businesses focused exclusively on their client base.”
Launching a firm isn’t just about leaving something behind, but more about building something lasting, bespoke, and entirely your own. This episode offers a clear view of the process and a glimpse of what’s possible when the operational hurdles are removed.
Listen now on the following platforms:
