Chris Batz on the State of Consumer Law Firm M&A and What’s Ahead - Ep 7

What makes a consumer law firm attractive to outside capital—and what separates a true platform from just a profitable practice? Jeff sits down with Chris Batz of Columbus Street Consultancy and MergerWatch to unpack the rapidly evolving market for law firm M&A. Chris explains how private equity, family offices, and other investors are approaching consumer law firms, why MSO structures are opening new possibilities, and which practice areas are drawing attention. They also dig into the metrics investors care about—from EBITDA and client acquisition to management depth, talent retention, and owner dependence—and why firms with $2–3 million in adjusted EBITDA can begin to look like viable platforms. It’s a practical look at how investors evaluate law firms and what owners should understand before pursuing a transaction.