Many attorneys seek to increase the value of their law firms. Valuation is important for an attorney who may want to sell, retire, add a partner, or prepare for the possibility of public investment, a trend for which there is significant momentum around the world and - recently - in the U.S.
This is not an exhaustive list, but here are four things you should consider when determining, and trying to maximize, the price of your business.
We frequently focus on helping our clients improve the efficiency of their overall workflow. One of our favorite projects to assist in this regard is with the transition to a paperless, or “less paper”, office.
KPIs (Key Performance Indicators) are important for many reasons and may be used in different areas of your company.
Selling your law practice can be overwhelming. Here are four considerations that will help prepare you before making your decision.