Scale Up: Expanding Your Legal Practice Through Law Firm Acquisitions

“Acquiring a law ﬁrm is more than a growth strategy—it’s a way to accelerate your ﬁrm’s value by bringing in established revenue streams and client relationships.” — Jonathan Hawkins “In today’s market, law ﬁrm acquisitions offer an unprecedented opportunity to gain both clients and skilled staff, allowing ﬁrms to scale with less risk than organic […]

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Friday Mailbag: Business Value in a Crisis & Earn-Out v. Fixed-Price Sale

General Advice [Videos] / Ed Alexander

Last week, we responded to questions about the various provisions of the CARES Act, which were critical for businesses as they navigated the Paycheck Protection loan applications. This week, for our second installment of our Friday Mailbag series, we had two more great questions from clients who are still trying to figure out how their

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The Secret to Creating a Salable Law Firm

Selling A Business [Videos] / Ed Alexander

Salability is an important concept for attorneys who want to exit their firms. So important that “Is my firm salable?” is arguably a more important question than “How much is my firm worth?” This is where many attorneys go astray. Just because your firm is valuable to you doesn’t mean someone is going to buy it.

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The Right and Wrong Exit Strategy for Your Law Firm

Selling A Business [Videos] / Ed Alexander

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.

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Can You Sell Your Law Firm?

Selling A Business [Videos] / Ed Alexander

There is an insidious misunderstanding that I hear from attorneys, which leads far too many in our field to lose out on capitalizing on the years of hard work they’ve spent building up their firms. Despite what rumors, gossip, or “veteran advice” you hear, you are absolutely allowed to sell your law firm! In 1990,

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What You Need to Know about the Florida Bar Rules before Selling Your Law Practice

Selling A Business / Ed Alexander

If you are a solo practitioner or a small firm lawyer, a serious discussion about succession planning should be in your future. Be aware that there are only four ways that you can leave your firm, and only two of those paths are profitable. (Read more about the external sale or the internal sale.) The first

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law firm sale

Scale Up: Expanding Your Legal Practice Through Law Firm Acquisitions

Friday Mailbag: Business Value in a Crisis & Earn-Out v. Fixed-Price Sale

The Secret to Creating a Salable Law Firm

The Right and Wrong Exit Strategy for Your Law Firm

Can You Sell Your Law Firm?

What You Need to Know about the Florida Bar Rules before Selling Your Law Practice

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