Preparation is key to successfully selling your law firm on good terms.
You can only sell your law firm once, and so, it is worth investing the time to make sure your firm is sale-ready to maximise your result.
Outlined below are some tips to help you get your practice ready for sale:
If you have good records, good systems and a good client work mix, you will attract the maximum price for your practice, as well as multiple purchasers. Good systems also make it easier to do a hand over and if in 12 months time there has been a smooth transaction, it also serves well for a positive outcome regarding any retention clauses you may have negotiated.
If you would like more information about selling your practice please contact John Castello on 0407 112 612 or email email@example.com.
Further information about law firm sales can be found here.
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