Michael Kelley was quoted by Frederick Shelton in Attorney at Work about the seven pillars of legal management services organization (MSO) deals.

The article focused on valuation, upfront capital, partner compensation, governance, capital deployment, cultural alignment, and opportunities in deal structures for equity.

“The critical questions from a regulatory, ethics, and business perspective are: Do attorneys preserve control over the pure legal function and legal services to clients?” Michael told the publication. “And do lawyers continue to have a meaningful stake in the growth strategy of the firm/MSO? If the deal is structured properly and equitably, the answer to both will be, ‘Yes.’”

Click here to read the full article: The Seven Pillars of Legal MSO Deals

Attorney at Work covers the business of law for lawyers, law firm owners, and business professionals.