Project Overview
Client: JurisNova Legal Advisors & Attorneys
Partner Firm: LexGuard Partners
Project Title: Strategic Combination Proposal
Project Duration: June 1, 2024 – July 15, 2024
Objective: To develop a comprehensive business proposal that outlines the benefits, structure, and financial projections of a strategic combination between JurisNova Legal Advisors & Attorneys and LexGuard Partners.
Read Proposal Below
Proposal Details
1. Introduction
- Subject: Proposal for Strategic Combination to Expand Services and Geographic Reach
- Date: July 30, 2024
2. Firm Overview
JurisNova Legal Advisors & Attorneys:
- Founded: 2002
- Specialties: Corporate Law, Intellectual Property, Employment Law, Litigation, Real Estate Law
- Team: 50 Attorneys, 30 Paralegals, 20 Support Staff
- Annual Revenue: $25 Million
- Notable Clients: TechCorp, GreenEnergy Solutions, National Retailers Association
LexGuard Partners:
- Founded: 1998
- Specialties: Criminal Law, Family Law, Immigration Law, Environmental Law, Tax Law
- Team: 40 Attorneys, 25 Paralegals, 15 Support Staff
- Annual Revenue: $20 Million
- Notable Clients: Urban Developers Inc., Global Health Organization, State Financial Group
3. Rationale for Combination
Combining JurisNova Legal Advisors & Attorneys with LexGuard Partners will result in numerous strategic benefits:
- Enhanced Service Offerings: Comprehensive legal services covering transactional and litigation needs.
- Geographic Expansion: Expanded footprint in Legal City and Metro City.
- Client Synergies: Cross-selling opportunities and enhanced client relationships.
- Operational Efficiencies: Consolidated administrative functions and cost savings.
4. Proposed Structure and Governance
- Name and Branding: JurisGuard Legal Partners
- Leadership and Governance: Joint Executive Committee with equal representation.
- Integration Plan: Detailed integration plan addressing technology, practice groups, client communication, and culture.
5. Financial Projections and Benefits
- Revenue Growth: Projected combined annual revenue of $50 million within three years.
- Cost Savings: Annual cost savings of approximately $3 million.
- Client Benefits: Access to wider range of services, deeper expertise, and greater geographic reach.
Implementation Plan
Phase 1: Discovery and Planning
- Conduct a thorough analysis of both firms’ current state and identify key areas for improvement.
- Develop a detailed project plan outlining timelines, milestones, and deliverables.
Phase 2: Service Expansion and Integration
- Redesign the combined firm’s website to reflect new branding and expanded services.
- Implement technical and on-page SEO strategies to improve search engine rankings.
Phase 3: Marketing and Client Communication
- Develop a comprehensive marketing strategy to promote the combined firm’s enhanced capabilities.
- Communicate the strategic combination to existing clients through newsletters, webinars, and meetings.
Phase 4: Operational Consolidation
- Integrate administrative functions, technology platforms, and support services.
- Monitor the progress of the integration and address any challenges promptly.
Client Testimonial
Maria W. A.
Managing Partner, JurisNova Legal Advisors & Attorneys
Enovista Digital Ltd. provided exceptional service and expertise in creating our strategic combination proposal. Their strategic approach and dedication to our success were evident throughout the project.
Project Impact
- Enhanced Capabilities: The combined firm, JurisGuard Legal Partners, offers comprehensive legal services and has an expanded geographic reach.
- Operational Efficiencies: Consolidation of administrative functions and technology platforms resulted in significant cost savings.
- Revenue Growth: Achieved projected revenue growth and increased market presence.