The lawyer population is aging. In 2005, 34% of lawyers were over the age of 55, and that number will continue to rise. We may even be witnessing a legal “senior tsunami.”
What this translates into is a huge number of lawyers that will be transitioning out of their law practices in the near future. For years the default way to leave a law practice was to close down a practice. With confidentiality restrictions and the other Bar Rules, this isn’t exactly an easy path—plus, you have virtually nothing to show for your years of hard work!
In this video, you can learn why closing down your practice is the wrong choice. We’ll show you how with only a few more steps you can sell your practice and retire with a “bonus”!
Smart Planning for Your Most Valuable Asset
You’ve worked hard to build your firm—now cash in on the investment! Our guide will explain the sale process and show you how to estimate the value of your firm, how to prepare your firm for sale, and much more.
Set yourself apart from other attorneys. Download our guide and say very loudly, “I want to…
Working with Alexander Business Law
As a successful attorney you should be excited about the potential of selling your firm and increasing your retirement fund. With the right help and the right advisors, you can effect a profitable and successful sale of your law practice with about the same mental and emotional hassle as just closing the doors—it just takes some extra planning!
Regardless of whether you want to sell by the end of the year or in 5 years, the first step on your path to selling your law firm and capitalizing on the investment you’ve made is a Sale Readiness Assessment.
We will help you identify your firm’s strengths and weaknesses and develop a transition strategy that fits your circumstances. Call us today at (407) 649-7777 or email a team member to schedule a Sale Readiness Assessment.
