Blog
Discover expert tips and practical advice on how to sell and position your law firm for maximum value. From team building and marketing to standard operating procedures, we cover everything you need to know for a successful transition.
What We Learned from Sachin Bakhai About Building and Selling a Successful Law Firm
Summary: Victoria sits down with Sachin Bakhai, CEO of LawKPIs, to explore why law firm owners often work hard without seeing profit reflected in results. They discuss tracking KPIs like write-offs, matter conversion, and practice area profitability to run smarter,...
Law Firm Value Based Pricing That Increases Profitability
Summary: This blog explains what law firm value based pricing is, how it differs from the traditional billable hour model, what the real profitability benefits look like, how to implement it in your practice, and what it means for your firm's long-term value. If your...
The Law Firm Exit Planning Process Explained Step by Step
Summary: The law firm exit planning process isn't a single event. It's a multi-year sequence of decisions, preparations, and structural changes that determine how much your firm is worth, how cleanly the transition goes, and whether you walk away with the outcome you...
Seller’s Discretionary Earnings for Law Firm Owners Planning a Sale
Summary: This blog explains what seller's discretionary earnings are, how they're calculated, why they matter specifically for law firm owners planning a sale, and what you can do right now to improve your SDE before going to market. If you're thinking about selling...
SDE vs EBITDA for Law Firm Valuation and Transaction Planning
Summary: This blog breaks down the difference between SDE and EBITDA, explains when each metric applies to law firm valuations, walks through real numbers showing how the choice affects your sale price, and clarifies what transaction planning looks like under each...
How Value Creation Drives Successful Exit Planning
Summary: This blog breaks down what value creation in exit planning actually means, why it's the foundation of every successful business transition, and how law firm owners can start building transferable value today, regardless of when they plan to exit. If your...
M&A Deal Structures That Maximize Law Firm Value
Summary: This blog breaks down the primary M&A deal structures available to law firm owners, explains the tax and liability implications of each, walks through payment structures including earnouts and seller notes, and clarifies what maximizing value actually...
Business Valuation Law Firm: Understanding Your Firm’s True Worth
Summary: There is a significant difference between what most law firm owners think their practice is worth and what it is actually worth, and that gap is almost never in their favor. This blog walks through what really happens when a proper business valuation law firm...
Why Law Firm Valuation Methods Matter Beyond Selling Your Practice
Summary: Most law firm owners associate valuation with one thing, which is selling. But the law firm valuation methods used to value a legal practice are some of the most powerful diagnostic tools available to any firm owner, whether a sale is five months away or...