- Article 6/6: External Purchasers and Mergers: What Buyers Want to See Before They Commit
External sales and mergers can be powerful succession solutions for law firms, especially where there is no obvious internal successor....
- Article 5/6: Choosing an Internal Equity Transfer Model: Goodwill Firm or Lockstep Firm?
When a law firm chooses internal succession, it must decide how ownership will move from one generation to the next....
- Article 4/6: Developing Internal Successors Without Undermining the Current Owners
Internal succession is often the most attractive option for a law firm, but it is rarely the easiest. It promises...
- Article 3/6: Making Your Law Firm More Saleable Before Succession
Value and saleability are related, but they are not the same. A law firm may be profitable and still be...
- Article 2/6:What Is Your Legal Practice Worth? A Practical Guide to Goodwill and Net Assets
Valuing a law firm can be uncomfortable because it turns years of effort, client relationships, reputation, and goodwill into a...
