Smart Lawyers Position to Transition
Business:Careers
In this episode of "Smart Lawyers Position to Transition", Victoria Collier, a renowned expert in the field, delves into the ideal timeline for selling a law firm within a perfect world scenario. Victoria emphasizes the importance of early planning and the necessary steps to ensure a successful transition. These steps include personal and financial assessments, valuing the law firm, decisions about ownership and involvement, and the choices of listing, holding, or enhancing the firm.
Key Highlights:
Succession Planning: The episode underscores the importance of planning for the eventual exit from a law firm, whether voluntary or due to various factors.
Key Assessments: Personal and financial assessments play a crucial role in helping lawyers prepare for life after law practice.
Valuation Insights: Understanding the current value of a law firm is essential in gauging its financial standing and potential areas for improvement.
Quid Pro Quo Law Services: Quid Pro Quo Law, led by Victoria Collier, provides services for personal and financial assessments and law firm valuations to support lawyers in their transition. Book a Call Here .
https://calendly.com/quidproquolaw/increase-law-firm-value-clarity-calls?back=1&month=2023-11
Community Engagement: Lawyers are invited to join "The Art of Buying and Selling Law Firms," a private Facebook group, to engage in valuable discussions and seminars on this topic.
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Connect with Victoria Collier
https://quidproquolaw.com/
Private Facebook Group
https://www.facebook.com/groups/1284225722042602
https://www.linkedin.com/company/victoria-collier-coaching/
Why Would You Buy a Law Firm?
Should You Change the Name of Your Law Firm?
When Valuing Your Law Firm, Do You Trust Your Gut?
What Do You Value? Value Billing v. Hourly Rate Billing
Not Enough Time? Stop Selling It!
Cut the Cord Already - 3 Ways to Decrease Dependency on the Owner
Beating The Odds Pt 2: What Can You Do to Increase the Odds of Selling Your Law Firm?
Beating the Odds Pt 1: What a Kentucky Derby Champion Can Teach You About Selling Your Law Firm
Goodwill: What Is it and Can I Sell It?
So Close, Yet So Far: When Your Law Firm Sale Falls Through
Value Versus Sellability: What's the Difference?
Expanding Through Acquisition with Law Firm Owner Jonathan Sparks
Buyers, Buyers, Buyers: Finding Your Match
Show Me the Money: How Much Can You Really Expect to Get for Your Law Firm
What are the First Steps in Selling a Law Firm
Is Selling a Law Firm a Real Thing?
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