Smart Lawyers Position to Transition Two Heads, Double Trouble: Why Selling a Law Firm with Partners Isn't Twice as Easy
Selling a law firm is rarely simple—but when there’s more than one owner at the table, things get exponentially more complex. Whether you’re in business with a professional partner, your spouse, or both, this episode unpacks the hidden challenges of shared ownership and why “twice the brainpower” doesn’t always equal twice the ease.
Victoria Collier draws from firsthand experience to explore why deals between co-owners often fall apart, even with the best of intentions. She pulls back the curtain on the emotional, structural, and financial landmines that make partnership exits uniquely difficult—and why early alignment isn’t just helpful, it’s essential.
This is a must-listen if you’ve ever wondered how to sell a firm without losing your mind—or your relationship
What You’ll Learn in This Episode
• The surprising emotional dynamic that can quietly sabotage a firm sale between partners • What makes co-owned firms uniquely vulnerable during negotiation • The overlooked step that can prevent major conflict before the deal even hits the market
Victoria Collier is a seasoned attorney, entrepreneur, and expert in law firm sales and valuations. With a background in law and accounting, including her prior military service and CPA training, she brings a unique perspective on the financial intricacies of business valuations. Victoria helps transform law firms into more valuable and sellable businesses, guiding attorneys through life after law.
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