Dive into the great divide between solo small law firms and mid-to-large law firms regarding valuations and sales. Did you know that almost two-thirds of completed law firm mergers and acquisitions involve small law firms? Large law firms are looking to absorb smaller ones in order to gain a competitive advantage in performance and profitability. But size isn't the only thing that matters – how we define size is just as important.
Listen to learn:
�� Why perception is reality and how larger firms are buying up smaller ones.
��Why does the rule of thumb only apply to a small segment of law firm owners and why it's causing so much frustration among paid-for lawyers.
��The story of a solo practitioner who may only have the option of being absorbed without true compensation.
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Smart Lawyers Position to Transition