The Great Divide between the Solo / Small firm and Mid-to Large Law Firms regarding Valuations and Sales

02/03/2023 20 min Episodio 49
The Great Divide between the Solo / Small firm and Mid-to Large Law Firms regarding Valuations and Sales

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Episode Synopsis

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. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/in/victorywalkcoaching/    

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