Smart Lawyers Position to Transition The Questions You Should Be Asking about High Profit Law Firms
High profit? Sounds like a dream. But is your law firm’s profitability actually as valuable as you think it is to a buyer?
In this episode, our host Victoria Collier breaks down why impressive profit margins aren’t always enough to close the deal.
She dives into the critical questions buyers are asking today, about staffing, systems, and sustainability, and why many high-profit firms fail to deliver when it counts.
If you’re planning to sell your law firm, or considering buying one, this episode will help you see beyond the numbers and understand what truly drives value in a firm.
3 Key Takeaways 1. Buyers want a business, not a job. 2. Staffing and systems tell the real story. 3. Brag about your numbers — but back them up.
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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