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Professional Services

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During periods of economic slowdown, the competition within the professional services industry can be fierce.

Maintaining the right portfolio of clients and proper deployment of human resources to meet client needs is no small feat, especially amidst stricter regulatory and compliance requirements. Morrison Cohen has long represented professional services firms in accounting, management consulting, advisory and law to expand their businesses and improve operational efficiency. We combine our deep legal acumen with best-in-class business practices and creative problem solving to ensure our clients’ success.

As a professional services firm, we fully understand the unique challenges facing our peer clients – accounting firms, business consultancies, engineering firms, advertising agencies, architecture firms and other law firms. Our interdisciplinary team of lawyers advises clients on both the day-to-day management and long-term plans for growth and partnership succession. We strive to minimize disruption and risk, and are prepared to defend against disputes when necessary.

Business Litigation: Our dynamic bench of business litigators defends professional services companies in complex, high-stakes matters in courts throughout the country, including allegations of professional malpractice and breach of duty. We are singularly focused on achieving successful outcomes for our clients, whether in the courtroom or across the negotiating table. Mindful of our clients’ risk profile, time horizon and budget, we tailor each strategy to be efficient and cost-effective. Our clients appreciate receiving hands-on, senior attention from a lean team of dedicated lawyers who are involved in every facet of their case.

Corporate: Clients engaged in the professional services sectors rely on our Corporate team to efficiently handle their private equity transactions, mergers and acquisitions, joint ventures, divestitures, equity financings and other complex corporate transactions, as well as all related Tax matters. 

Executive Compensation & Employee Benefits: C-suite executives of professional services companies rely on our team’s counsel in connection with the full range of executive compensation and employee benefits matters. Our team designs, negotiates, drafts and implements agreements including employment, separation, settlements and restrictive covenants, as well as equity compensation programs, incentive and deferred compensation arrangements, and ESOPs.

Mergers & Acquisitions: We are involved in all aspects of M&A transactions, representing all types of buyers and sellers, as well as special committees, investment banks and the lenders that finance acquisitions. We have a 360-degree perspective on M&A deals that gives us both a practical approach to structuring and the insights necessary to develop and implement creative solutions to new issues as they arise. With a focus on helping clients expedite growth and enter new markets or verticals, our work ranges from small acquisitions of companies, divisions or assets to representing publicly held and multinational companies in complex cross-border acquisitions.

Technology, Data & IP: The success of your company depends on protecting your brand and retaining customer trust. We advise on the full range of legal services relating to the acquisition, enforcement and commercialization of IP assets. We also counsel clients on the unique intellectual property issues affecting professional services companies and their transactions and data. We help our clients establish compliance programs, manage data privacy and security risks, respond quickly to data breach situations and implement corrective action plans following a data privacy/security breach. In addition, our team counsels clients in understanding and mitigating the risks of using third-party technology and transferring technology to outsourced vendors. Our IP team partners with clients to safeguard the value of their products through the registration and enforcement of copyrights, patents, trademarks and trade dress. 

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