Smart Lawyers Position to Transition After the Ink Dries: The Little Things That Make or Break a Smooth Law Firm Transition
You've signed the papers, the wire hit your account, and you're ready to celebrate, but your work isn't done yet.
In this episode, Victoria Collier uncovers the often forgotten post-sale details that can create real problems if they are ignored. From websites that go dark to phones that stop ringing and trust accounts that are not properly transferred, these "little things" can quickly turn a smooth sale into a stressful mess.
Victoria shares real examples from law firm transitions to help you avoid costly mistakes and protect your firm's reputation, clients, and cash flow.
In this episode, you will learn
• Why closing day is not the finish line, but the start of your transition • The most overlooked post-sale tasks that can disrupt your firm's operations • How to correctly transfer your website domain, phone numbers, and trust accounts • What to do if your firm owns its office building, including utility changes that are easy to miss • How to keep your team and clients reassured during the handoff so business continues without interruption
If you are preparing to sell or buy a law firm, this episode will help you handle the small details that make a big difference once the ink dries.
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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