ZebraLC works with law firms from sole practitioners to Top 50 law firms with significant external investors. Projects may be as simple as reviewing firms’ current WIP management procedures, to carrying out diagnostic reviews and/or WIP valuations for external investment, bank funding, insurance and succession planning. Specialist experience supporting personal injury and clinical negligence firms.
M&A & LAW FIRM INVESTMENT
Unrivalled experience in legal sector M&A technical and WIP valuation and due diligence. Acting for buyers, investors, sellers, funders and accountants.
BANKS & SPECIALIST FUNDERS
ZebraLC has advised in ‘new to bank’ facilities, refinance, specialised relationship management and restructuring.
We have also advised specialist funders entering the personal injury market including US entrants.
Our reports enable greater visibility and understanding of law firms’ operational risk, governance, technical capability, WIP value and financial performance.
ACCOUNTING, RESTRUCTURING & BUSINESS ADVISORY
Our projects lead us to work alongside and also be instructed by other professional advisors within the accounting, restructuring and business advisory sector. Our technical and financial experience enables us to implement/recommend operational enhancements to improve cash flow maximising recoveries and outcomes for investors and creditors.
ZebraLC helps build positive relationships between law firms, PII and ATE insurers by providing independent reports to add ‘comfort and confidence’.
Invest in expertise, experience & knowledge
M&A in the legal sector is challenging and sits within a highly regulated environment.
ZebraLC is a trusted advisor to law firms, investors and PLC Boards and has experience of handling large-scale DD processes, through to small WIP book acquisition including personal injury WIP valuation.
Our aim is to provide clarity around our client’s key decision making by reducing risk, identifying value and guiding them to take advantage of real opportunity.
We are instructed to carry out specialist reports on vendor, funder, investor and acquisitor due diligence. Our reports are independent.
Our due diligence reports span all areas of legal service. Growth areas include projects within personal injury, clinical negligence, conveyancing, private client and commercial litigation. We have unrivalled expertise in personal injury WIP valuation.
Why is independent due diligence valuable?
As an SRA registered business, client confidentiality is at the heart of every project. Our ISO 9001 accreditation ensures that our processes and procedures encompass SRA guidance on client confidentiality through audit and all M&A projects. Our team works to a strict confidentiality protocol.
We instructed ZebraLC to carry out the technical and WIP due diligence in the acquisition of Lees. The project gave us an invaluable insight to the Firm. Zoe and her team work in a discreet manner and follow a strict confidentiality protocol, which is imperative in law firm acquisition. I recommend them highly. Andrew Holroyd, Jackson Canter
HIGH PROFILE DEALS
For confidential enquiries and for a copy of our technical capability statement, please contact firstname.lastname@example.org
Delivery of legal services is constantly evolving within the context of regulatory, judicial, political, financial and economic change. In response, new and emerging risks are developing.
Management teams want reassurance that the firm is dealing with risk in the right way. Whether they have concerns, or want ‘comfort and confidence’ in their own approach. an independent eye is required.
ZebraLC offers independent ‘red flag’ health checks to provide firms with visibility around emerging operational and financial risks.
ZebraLC’s extensive due diligence experience in bank funding and M&A provides our clients with unique insight into emerging risk trends across;
Our ‘Red flag’ health checks are a cost effective way of exposing, evaluating and subsequently underpinning risk.
Clients also have the option to use ‘red flag’ reports for dialogue with key stakeholders, including funders, professional indemnity insurers and ATE insurers.
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The current legal landscape demands a collegiate approach between law firms and key insurer stakeholders.
ZebraLC helps build positive relationships between law firms, PII and ATE insurers by providing independent reports to add ‘comfort and confidence’ to legal sector insurers, both professional indemnity insurers and ATE providers.
ZebraLC were recommended to us via a professional indemnity insurer. The team carried out an indemnity risk review of commercial property, residential conveyancing and personal injury. The report was extremely helpful, thorough and was of significant value to us. The whole process was professional and efficient. Following the report, Zoe gave us invaluable advice. Her approach was frank, honest and above all commercial. Thank you. John Roberts, Managing Partner,Waldrons
ZebraLC and Allianz Legal Protection are working together to ensure that good quality firms are prepared to meet the challenges that the CN ATE insurance sector brings, head on. Peter Dobie, Head of Legal Protection Portfolio Management
Hera Indemnity have been recommending our clients to ZebraLC for a number of years. They provide an extremely valuable service to law firms, especially with regard to indemnity risk profiling. Zebra have a unique role working with the legal sector and in our experience offer a very professional and comprehensive service. Chris Ficken, Senior Client Manager, Hera Indemnity Ltd
Funders recognise that the lifeblood of legal businesses of the future is dependant on quality, expertise, low operational risk, financial management and healthy asset base (profitable work and valuable recoverable WIP). Independent review of these areas are increasingly required as part of pre-lend due diligence.
ZebraLC provides due diligence reports on all aspects of legal services to enable law firms to obtain funding. This might be to invest in niche areas, fund expansion of existing work, or funding to acquire other law firms and personal injury WIP books.
WIP is usually the largest asset of a law firm, and the only material asset that lenders will use as collateral. Independent audit and technical review of such assets prior to lending are often sought, irrespective of cautious asset/loan ratios.
Understanding the operational and financial management of caseloads/matters is a key factor underpinning WIP value profile and indemnity risk. As experienced technical auditors, ZebraLC has assessed and audited a wide variety of legal service areas where firms use many different IT systems and processes. We are uniquely placed to understand operational risks.
Clients include law firms, banks, funders and private investors who are looking for ‘comfort and confidence’ surrounding WIP value, operational and indemnity risk profiling.
ZebraLC has worked with a number of mainstream banks, including RBS, NatWest, HSBC, and Yorkshire Bank.
Please contact firstname.lastname@example.org for our technical capability statement and Ebrochure
One of the key challenges facing law firms is the ability to bridge the gap between operational performance and financial management. Many firms can claim to have leading case management software, but many find it hard to take full advantage of their system to maximise the monitoring of and overall performance of the firm.
ZebraLC works with management teams to get to the heart of risk management, fee earner performance and financial forecasting, by developing programmes of work to develop meaningful Management Information (”MI”). These programmes enable firm management to understand the relevant MI, and how to drive reporting that leads them to the key questions and decisions, rather than simply reporting factual data tables.
These programmes can include data cleansing, additional MI fields based round our RAMI analytics*, and output reporting development that identifies the relevant questions, exceptions and actions.
* RAMI Key WIP analysis metrics
ZebraLC provides the solution to get to real time data, enabling matters/caseloads to be tracked via prospects, quantum, indemnity risk, disbursement requirement, complexity, costs outcome and predicted timescales.
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Quality, client care and governance are at the heart of successful legal businesses.
Our role is part of a quality improvement process, including review of technical capability, operational performance, consumer focus and financial performance.
In the midst of continued M&A within the legal sector, our projects also include reporting to investment Boards as part of the post acquisition integration.
Our independent reviews form part of annual reporting to Management Boards and/or stakeholders. We report on internal processes and systems, and support Management Boards in the accomplishment of a systematic and disciplined approach.
Our clients value our ability to evaluate and improve fee earner performance, risk management, quality, client care and governance processes.
” ZebraLC carried out a ‘business as usual’ governance audit for Minster Law. The team worked to a challenging timeline and produced a clear and insightful report. Our senior stakeholders found Zebra’s input to be good value.” Jonathan Doughty, Associate Director, Minster Law