If you’ve built your law practice but no longer want to run it, and you have no partner or protégé to pass it on to, you might be wondering whether you can sell your law firm. Selling your firm is a great way to ensure your business legacy lives on. And the investment you have made into your business over the years pays off. But the process of finding a buyer and then selling your firm can be tricky, particularly if you’re a small firm or solo. Selling your practice is a viable option to obtain a return on the investment of time, money, and energy you’ve put into building your firm and to help you prepare for retirement. By governing the sale of your law firm, you can also ensure your clients are left in safe and trustworthy hands, even after you’ve moved on from the law firm. Here’s how to sell your firm and receive the maximum value for you, your employees, and your clients.
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