The market for buying and selling law firms continues to grow. The demand for information, data, and knowledge in this area is significant. Fortunately, Tom Lenfestey with the Law Practice…
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The statistics are disheartening. The ABA estimates that 400,000 lawyers in the United States are age 62 or older and that 63% of law firm partners 60 or older control…
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By Camille Stell There are 1.3 million lawyers in the United States, and 30,000 of them live in North Carolina. Nationwide, there are approximately four lawyers for every 1,000 residents,…
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By Camille Stell Does your 2022 Strategic Plan include expanding your law firm? If so, have you thought about buying a law firm as a way of expanding your revenues,…
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Every law practice has value, including yours. That value is real – as in dollars and cents real – and marketable. And it may be significantly higher than you think.…
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By Camille Stell With an ever-growing number of Baby Boomers considering retirement, have you ever considered buying a law firm? Maybe you should. Why Should You Buy a Firm? You’re…
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The statistics are disheartening. The ABA estimates that 400,000 lawyers in the United States are age 62 and older, and that 63% of law firm partners, age 60 or older, control at least a quarter of their law firm revenue. Yet only 28% of law firms have a succession plan in place.
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