If you’re a small firm owner or solo practitioner in your 50s or 60s, the time to plan your exit strategy is now. Every day you wait to start the process, is another lost opportunity to cash in on your biggest investment.
One succession strategy available is the internal transfer. Many attorneys, in fact, believe they want to do an internal law firm transfer when they first approach us. But we find that most lawyers do not fully understand how the internal transfer process works.
The majority of lawyers will implement a multi-stage, multi-year succession plan. This means that time is precious if you are leaning toward an internal transfer. In this video, we will explain how you would develop and implement an internal sale of your firm.
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 Abramson
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.
