Description

Most solo and small firm practitioners avoid thinking about retirement or the time when they are going to exit their practice. They seldom consider selling their law practice, but it is a viable option for many practicing attorneys. This educational program (not for CLE credit) will assist you in planning for a transition. Join us as we discuss:

  • Goals of a successful transition
  • Challenges of selling a practice
  • Insurance/risk management considerations
  • How to find or groom a potential buyer
  • Who should do the negotiating - consider a broker
  • How to value a practice
  • What is the process? Determine the transition plan
  • Motivating factors affecting successful transitions
  • How to bow out gracefully

Speakers include: representatives from a financial institution, CPA, valuation expert, business consultant, and broker.