Smart Lawyer's Position to Transition brings valuable information to lawyers seeking to sell or buy a law firm! Join Victoria Collier as she discusses the topic of "Cash is king when selling a law firm." Learn about the current market, the importance of seller financing, and creative options to maximize your sales price. Whether you're a buyer or a seller, this podcast is a must-listen for anyone looking to navigate the legal market.
In this podcast you will find:
👉 The significance of seller financing and how it impacts the sales price.
👉 Insights into creative options for seller financing, such as accepting a lower cash up-front price in exchange for a tail of income.
👉 An overview of law firms actively for sale on the Internet and the typical sales prices.
