
BigLaw Exit Strategy
& Firm Formation

Build Your Own Firm. We'll Help Build the Platform.
Your Practice Built the Revenue. Let Capital Build the Firm.
For decades, attorneys with significant portable books of business faced two choices. Remain at a large firm and continue building someone else's enterprise value, or leave and assume all of the financial risk of building a firm from the ground up.
Legal MSOs have created a third option.
Today, accomplished partners with established client relationships can launch their own firms with access to the capital, technology, operational infrastructure and strategic support that traditionally required years of investment to develop independently.
Shelton & Steele helps make that possible.
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The New Model for Entrepreneurial Partners
Starting a law firm has always required more than outstanding legal ability. It required financing, office space, technology, recruiting, marketing, accounting, human resources, benefits administration and operational infrastructure, all while continuing to practice law and retain clients.
Legal MSOs dramatically reduce those barriers by providing experienced business support and growth capital, allowing founders to focus on building exceptional practices rather than building back office operations from scratch.
The result is a law firm that can begin competing at a much higher level from day one.
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More Than an Introduction
Launching a firm through a Legal MSO is one of the most important business decisions an attorney will ever make. Every platform has a different investment philosophy, governance structure, operating model and long term strategy. Choosing the wrong partner at the beginning can affect everything that follows.
Before recommending an introduction, we help you evaluate your objectives, your practice, your long term vision and the type of platform most likely to support your success. We explain how different Legal MSOs operate, discuss governance structures, capital deployment strategies and long term growth expectations, then recommend introductions only where we believe there is meaningful strategic alignment.
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Preparing You for Success
Most attorneys have never negotiated with sophisticated investors or evaluated business structures involving governance rights, operating agreements, rollover equity or long term incentive plans. We prepare you before those conversations begin by explaining the concepts, terminology and strategic issues you are likely to encounter, allowing you to enter every meeting informed and confident.
We also introduce experienced advisors, including ethics counsel, Legal MSO transaction attorneys and other specialists when appropriate, ensuring you have access to the right expertise as your new firm takes shape.
Guidance That Continues After Every Meeting
The most important questions are rarely asked during the meeting itself.
After each significant discussion with a prospective Legal MSO, we conduct private debriefings where you can ask the questions you were reluctant to raise, discuss concerns openly and gain a clearer understanding of the issues that matter most. We explain complex business concepts in plain English, clarify governance provisions and help you understand not only what was discussed, but why it matters.
Those conversations often determine whether you move forward with confidence or walk away from the wrong opportunity before making an expensive mistake.
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Building More Than a Law Firm
Choosing the right Legal MSO is about far more than obtaining startup capital. It is about selecting a long term strategic partner that can help you recruit exceptional attorneys, expand into new markets, invest in artificial intelligence, acquire complementary practices and build an organization with lasting enterprise value.
Our objective is to help you launch a firm that is stronger, better capitalized and better positioned for long term success than would have been possible through the traditional startup model.
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The Next Chapter Starts Here
If you have developed a significant portable practice and believe the time has come to build your own firm, the opportunity has never been greater. With the right strategic partner, experienced advisors and thoughtful preparation, you can launch a firm with the resources, infrastructure and growth potential that previous generations of founders could only imagine.
Shelton & Steele helps accomplished attorneys transform successful practices into exceptional law firms.

