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.
Building a Legacy: Staying True to Your Values
Selling a law firm can be a complex and emotional process, but it can also be an opportunity to create a lasting legacy that extends beyond the legal services provided. However, to build a successful legacy and ensure a smooth transition, it's crucial to stay true to...
Key Considerations for Law Firm Mergers
Several law firms are looking towards mergers and acquisitions as a means to broaden their service offerings, boost their bottom lines, and better position themselves in an increasingly cutthroat legal market. Merging two legal firms is a difficult and challenging...
Retirement Planning for Lawyers: Sell or Close Your Law Firm?
You've spent your entire career as a lawyer focused on doing right by your clients and expanding your practice. However, you'll get to a point where you'd like to start thinking about retirement. When you're preparing to retire from the legal profession, the subject...
The Surprising Benefits of Specializing in Niche Law Firms
Are general practices better than niche law firms? When it comes to growing a law firm, it may be tempting to add new practice areas in order to attract more clients and increase revenue. However, our recent podcast episode, "Subtract Don't Add to Your Law Firm...
Buyers, Buyers, Buyers.
When a lawyer wants to sell their law firm they have to find a buyer that is the right match, but what does finding your match mean? Is there an app for that?
First Steps to Selling Your Law Firm
In today’s blog, we will be assessing two of the four key areas regarding selling your law firm: The first is our personal readiness, the second is our emotional readiness, and the third is financial readiness. Finally, we get to our firm readiness which is the fourth...
Is Selling a Law Firm a Real Thing?
Is selling a law firm a real thing? It is when lawyers are ready to retire or they just don’t like running their practice anymore, or maybe they have an illness that makes it more difficult, if not impossible, to continue to practice. But how do you exit? Selling a law firm is actually an option, a real option, but that’s not the option that so many people take.