• 10: Buying or Selling A Law Firm with Tom Lenfesty

  • Jun 27 2024
  • Length: 1 hr and 12 mins
  • Podcast

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10: Buying or Selling A Law Firm with Tom Lenfesty

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  • Summary

  • 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. 💰✨
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