The 4 Reasons to Sell Your Law Firm in 2022

2022-02-09

In this State of the Market for Law Firms episode, Senior Attorney Match’s Jeremy E. Poock, Esq. discusses the 4 Reasons to Sell Your Law Firm in 2022. Key points include: · Senior Attorney lead practices will enjoy their highest value this year, as compared to future years during the 2020’s. · If you have would-be Internal Successors in your law practice, those Internal Successors likely do not want to purchase your law firm and cannot afford to purchase it either. · Growing Law Firms ...

In this State of the Market for Law Firms episode, Senior Attorney Match’s Jeremy E. Poock, Esq. discusses the 4 Reasons to Sell Your Law Firm in 2022.

Key points include:

· Senior Attorney lead practices will enjoy their highest value this year, as compared to future years during the 2020’s.

· If you have would-be Internal Successors in your law practice, those Internal Successors likely do not want to purchase your law firm and cannot afford to purchase it either.

· Growing Law Firms want and need Senior Attorney lead practices because of the Synergy Value that Senior Attorneys, together with their lawyer and professional staff, present.

· When Senior Attorneys sell their law practices to Growing Law Firms, they realize significant quality of life benefits for themselves and their families.

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