10: Buying or Selling A Law Firm with Tom Lenfesty

Looking to buy or sell a law firm? Join Jay Ruane and Tom Lenfesty as they break down the essential factors and strategies for a successful transition in "Buying and Selling Your Law Firm." 🏛️

• The emotional and financial preparedness necessary for selling a law firm. 💼💡
• Key performance metrics and payment terms involved in law firm deals. 📊💵
• Finding and evaluating potential buyers, including internal candidates and external markets. 🔍🤝
• The importance of a solid transition plan and succession planning. 🗂️📈
• Methods for determining the value of your law firm and maximizing its marketability. 💰✨