Succession, exit, valuation, acquisition, founder dependency, leadership transition. One issue a month. Written by someone who has sat on both sides of the table for forty years.
New subscribers receive The Great Divide in UK Architecture, the latest Legacis Intelligence report, free.
Most architecture publications cover the profession. The Practice Briefing® covers the business of running one — the decisions that don't appear in design reviews or RIBA bulletins but determine whether a practice survives its founder, sells at a fair price, or quietly fades.
"A practice that cannot survive its founder's absence for six months is not a business. It is a job with overheads"
If you run a practice of five to fifty people and are thinking about what comes next, in five years or twenty, this is written for you.
The founder dependency problem. What a real succession plan looks like. Why most practices don't have one.
How practices get bought, at what multiples, and what acquirers look at before they look at revenue.
What your practice is worth, and the gap between what founders believe and what the market will pay.
The choices that scale a practice and the ones that quietly cap it.
Handing over. Bringing in. The mechanics and the human reality.
Practitioner, advisor, and author of 'Pathway to Exit'. Forty years of architectural practice and advisory work across the UK and internationally. Founder of Legacis Intelligence, the intelligence platform built for the global architecture sector.
UK architecture recorded a record £5 billion in 2025. Behind that number, the profession is dividing in two, a globally successful upper tier pulling away, and a much larger group of practices under sustained pressure.
This report reads that split for what it means to valuation, succession, and exit. Yours free the moment you subscribe.
Edition 3 — The money arriving from outside the profession
Edition 2 — What a bifurcating market looks like from the transaction table
Edition 1 — The founder dependency index