Are you keeping your clients separate and handling that work on the side, or integrating them into the new firm and giving the new firm a cut? |
Nothing on side. New firm wants me even if no clients follow. I do want to ask for a fair arrangement if any clients do follow me. The reason a client would follow is my existing firm can’t handle the workload without me and couldn’t hire someone to replace me as the economics don’t make sense there. |
I would make sure the new firm accepts the hourly rate or the existing clients are okay with increase. Also try to work in some origination credit like a higher percentage of hourly rate for those clients you bring over. |