Sell Your Law Practice for What It’s Really Worth
Ed helps you sell your practice in one of the following ways:
Option 1:
Basic Valuation
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- Purchase Selling Your Law Practice: The Profitable Exit Strategy. This is a do-it-yourself approach
Option 2:
Basic web site listing
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- Your law practice will be listed on this web site, a site reviewed by many lawyers seeking to jump start and expand their current law practice. This may be the closest service to a multiple listing currently available.
Option 3:
LawBiz valuation of your practice
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- LawBiz will provide you with a “ball park” valuation of your practice based on the almost 15 years experience of Ed Poll in buying and selling law practices and writing on the subject.
Option 4:
Executive consulting (LawBiz valuation) + consulting for the sale of your practice
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- LawBiz will value your practice as well as consult with you to sell your practice. We’ll work with you on the entire process.
In Option 4, Ed will:
- Based on financial data and marketplace guidelines as well as an evaluation of your firm's revenue and client base, Ed will first help you put a value on your practice.
- Ed is familiar with the legal marketplace. A “prospectus” or “statement of offering” will be developed to represent your firm and appeal to specific potential buyers.
- Ed will also advise you on your negotiating strategy so you can get the best offer possible.
- Ed will ensure that your sale complies with the Rules of Professional Conduct that govern the transfer of your practice.
- Once the sale is complete, Ed will help you in the transition into the merged practices.
Check out these resources:
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