Tuesday, July 23, 2024

You think running your law firm is hard?

Well, check out this interview by Michael Mora and Lisa Willis of John Morgan or Morgan & Morgan.  He has over 1000 lawyers, just sold 60% of his software company for $430 million, and plans on giving the keys to his kids:

Morgan, 68, sat with ALM’s Daily Business Review to discuss succession plans for the law firm he built from into one of the largest personal injury plaintiff firms in the country.

This plan appears to increasingly involve his adult children as the face and drivers of the law firm in preparation for whenever Morgan calls it quits.

“My boys are 41, 39 and 35. They’re all very capable. They’ve all had gigantic verdicts,” Morgan said, as he then proceeded to list some of their accolades, including a multibillion-dollar verdict. “They have worked at the law firm their whole lives and they are taking over the firm.”

5 comments:

Anonymous said...

Glorified ambulance chaser. Small businesses are being crushed by obscene monthly insurance premiums. 90% of his cases are nuisance lawsuits. But insurers settle for 25-50k to avoid the hassle. legalized extortion pure and simple.

Anonymous said...

"I don't think she's authentic," said Democratic fundraiser John Morgan, who said he won't raise money for Harris. "All politicians are phony. Let's start with that. But some seem really sincere, and some seem like what I call fake phony, and fake phony is the worst phony."

"Not only was it not good, it was horrible," Morgan added of her 2020 race. "And she f----- over Joe Biden, and that's why I'm never going to be for her."

Anonymous said...

Ridiculous.

Anonymous said...

921am and people like him crack me up. Haters gonna hate.

John Morgan has built an incredibly successful and fully lawful business. He has established a lasting legacy for his family for generations to come. And he appears to have done it on his own terms. It's the American dream. Good for him.

Rumpole said...

For the people.

Not a bad slogan.

Nit a hater. Props.