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Bigger. Better. Both?

  • 26 February, 2014

    The Ides of Maturity for professional services firms marks a modern-day turning point

    . Accounting. Consulting engineering. Law. Management consulting. Strategy

    The Ides of March marked a turning point in Roman history with the assassination of Julius Caesar (1). What I term the Ides of Maturity for professional services firms marks a modern-day turning point of another momentous kind. These Ides herald an era of life cycle maturity and the start of decline for many firms. […]

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  • 24 February, 2014

    5 opportunities for professional services firms in the Asian Century

    . Accounting. Asia. Law. Management consulting. Strategy

    ‘I have not told half of what I saw’ – Marco Polo The Venetian explorer was the first to reveal Asia to the Christian West in his infamous book, Livres des merveilles du monde written during the 13th Century. The book, which is the first documented account of Asia, triggered the Age of Discovery. The Asian […]

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  • 21 February, 2014

    NewLaw portents from ReInvent Law in New York

    . Law. LPO. Other professional services. Strategy

    Early in February two significant legal industry events made news among the 800+ delegates at a ReInvent Law conference; many read these as NewLaw portents.

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  • 20 February, 2014

    What’s happening in China? Implications for professional services firms

    . Accounting. Asia. Consulting engineering. Law. Strategy

    The streets of Beijing no longer appear to be paved with gold, so one has to ask What’s happening in China? Not so long ago professional service firms seemed to regard China as the panacea for all their Western-centric financial difficulties. Now look. The Big Four’s local PRC offices have, subject to appeal, been banned […]

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  • 14 February, 2014

    Earn-outs: not worth the paper they are written on?

    . Accounting. Consulting engineering. Engineering. Law. Management consulting. Mergers & Acquisitions. Other professional services. Strategy

    A major Beaton Capital client recently gave up insisting on earn-outs for its acquisitions and switched to the deferred payment of an agreed amount. I must say that I found this realisation refreshing since after 30 years of executing transactions (from both sides) I have found that earn-outs tend to destroy rather than create shareholder […]

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