Your Reasons to Not Go Solo Are Wrong: The Top 10 Fears of Going Solo
The Problem of Too Few Rural Lawyers
Adding Partners When You’re a Small Firm Owner
You’ve successfully owned your law firm for a decade and have employed two lawyers for most of that time. Both are all pretty decent but are not superstars. One day, they come to you and ask about the possibility of becoming partial equity owners. Your initial thinking is “I knew this day would probably come. Now, what do I do?” Well, here’s what you do.
... Read MoreWhat’s New in Law Firm Ownership?
Buying a Firm That’s Dependent on Marketing & Advertising Dollars
When purchasing a law practice, buyers seek revenue they ordinarily could not obtain on their own. For example, buyers hope that, with the proper introductions, the relationships that a seller has with repeat clients can be successfully transitioned to the buyer. The same can be said for a seller’s referral network, be they former clients or other professionals.
... Read More