To learn more about attorney Roy Ginsburg’s ability to help you sell your legal practice or purchase an existing practice, review the testimonials provided here or contact Roy by email or by phone at (612) 812-4500.
Roy and I both agreed that my best exit strategy for my estate planning practice was to seek an "of counsel" position at another firm. His advice was particularly valuable when together, we vetted the various firms. He knew all of the important questions to ask to determine if the firm would be a good fit for me, as well as for my clients. Roy's perspective and measure of objectivity were so helpful when comparing the firms. I am now happily "of counsel" at another firm without any of the headaches of running my own firm. What a relief being no longer personally responsible for all of those files and the comfort of knowing that they are now all in a place that will generate future referral payments. Hiring Roy was an excellent decision and an investment that I wouldn’t hesitate to make again.
I just turned 70 and have successfully owned a 7 figure small firm practice for years. There were a lot of moving parts as I was trying to determine my best exit strategy and I knew I couldn’t do it alone. Roy quickly grasped the nature of my practice and provided an easy to understand appraisal of its value and suggested next steps. I was extremely pleased with his services, particularly his availability and ability to move my transaction forward. He did a great job!
I hired Roy so I can get my hands around what my law firm was worth. I already had a buyer in mind, but didn’t know where to start when it came to my price. Working with Roy was simple and straightforward. He was easy to reach and communicate with and he timely completed his appraisal. I also greatly appreciated Roy’s insight about successor transitions.
I found Roy to be both professional and knowledgeable and am grateful for the guidance he provided as I navigated uncharted waters.
Roy was such an integral part of our lives for so many months. I appreciated the incredible professional and personal support he extended to my husband during his law firm's transition. My husband is accustomed to handling all things himself, but Roy was so good at his job that he was able to rely on him tremendously. Roy's calm demeanor and vast knowledge were invaluable; my husband could not have made this critical transition without him. Thank you very much for all of your help.
One of the reasons my partner and I hired Roy was that we recognized the difficulty of how to value a partnership or law practice. There are many different theories and goodwill is such a variable. I liked the fact that Roy had definite ideas about how to value a practice and could create a valuation as a jumping off point.
I hired Roy when I was presented with the opportunity to buy the practice of a recently deceased attorney. Initially, I was apprehensive about doing it, but the approach he suggested was unique, and offered me the reassurance I was looking for to move forward with the deal. I appreciated that along the way, Roy also coached me on not only on the purchase, but also on law firm practices . I would not have felt confident going in as a purchaser without Roy by my side.
My partner and I hired Roy to provide ideas about how to best transition my interest in the firm to my other partner and perhaps some associates. It was clear to me from the very beginning that he was genuinely interested in helping us define and resolve our issue. I could tell that Roy had thoroughly understood each of our characterizations of where we were and our thoughts on where we wanted to be. His non-judgmental questions helped us keep moving forward and motivated us to reach a solution my partner and I are very pleased we achieved.
I hired Roy to help me transition my entire Plaintiff’s personal injury law practice to my associate as I was approaching retirement. He focused my attention on all of the relevant issues and expectations. I was completely satisfied and pleased with all of his services.
I initially hired Roy to assess buying a practice. I enjoyed his "wake-up call" advice which was real, pragmatic, affordable, and beneficial /profitable. In fact, absent Roy’s advice, I would have spent a quarter million dollars in excess of what a particular practice was actually worth. Instead, I was coached on how to build a practice and maintain a digital footprint. Further, there was an intangible value having Roy by my side during the process, a great comfort that my coach /mentor was here to assist whenever necessary and always available.
I hired Roy because I needed help to assess my options for my last years as a practicing lawyer. What I appreciated most was the timeliness of his responses and input to the coaching process. I also had a sense that Roy was really listening and responding to my concerns, not just to his expectations of my concerns. That made our conversations frank and constructive.
I originally hired Roy to help me value my firm with the idea of passing it along to my senior associate. Instead, he convinced me that I first had to make a few changes to the firm in order to get it ready for a successful transition. I really liked the fact that Roy made us pay attention to such facets of the practice that we would normally not take the time to deal with. When all of those changes have been implemented, I plan to rehire Roy to help start the actual transition.
Roy did an excellent job finding potential buyers. I greatly appreciated the vetting that he did so I didn't have to spend time assessing them. To be honest, when I first got the idea of selling my practice, I was not that optimistic that the concept would work. Sure enough, it did.
I greatly valued Roy’s advice and counsel because he challenged me to find clarity on the important threshold questions of selling my law firm: why sell, why sell now, what do I do after? If you are thinking of selling your practice, you can only benefit by confronting the issues that an experienced coach and consultant such as Roy knows to raise and how to best resolve.
I hired Roy to help assess my preconceived notion that selling my firm was my best exit strategy. He effectively debunked that idea, but was able to advise me about more realistic and profitable alternatives. Roy's consulting was thoughtful, timely and in plain English. I couldn't have asked for more.
I found all of Roy's assistance to sell my law practice extremely helpful. Perhaps what I appreciated the most about his services was his sensitivity to the emotions that I experienced while going through the entire process. It is never easy to plan change, but that is especially true when planning the end of a proud and accomplished career.
I owned a successful workers compensation practice for 30 years. I needed a good succession plan; so I called on Roy Ginsburg. Together we devised a plan where I became "of counsel" with a larger firm which took over most of my existing case load. The plan provided me with an excellent income stream, plenty of free time, and just enough involvement to keep my professional mind active. Roy's help and my results have exceeded all expectations.
Roy's advice about downsizing and possibly merging with other immigration firms was practical and appropriate for my interests and needs. He helped me narrow down my options in a short time.
What I liked most about Roy services is that he asked the right questions to force me to think about what I really want to accomplish as I contemplated winding down my practice. It was a really helpful exercise for me to provide a foundation solid enough to ensure that I was doing the right thing. Roy got me to where I wanted to go (after being a solo for years, I merged with a small law firm) and I'm very thankful to him.
I am in my mid 50's and have a very successful solo personal injury practice. I have enough money that I can now afford to slow down and fully retire now, but anticipated doing so in my early 60's, as I still enjoy working. I had many ideas about how to transition to that stage, but had little confidence that my succession plan ideas were practical. I hired Roy to brainstorm the various alternatives. With his expertise, he quickly dismissed some potential options, and steered me in the direction to downsize my practice in a manner that has provided me with almost as much income as I have historically earned. After doling out legal advice for decades, being on the receiving end of expert advice was not something I was used to, and was extremely welcomed. Roy's analysis and his thoughtful insights have been exceptionally helpful.
Roy helped me when I purchased a small solo rural practice. His advice was always spot on, to the point and very helpful. Like most lawyers, I never had any experience buying a practice. It was great to have Roy to rely on whenever I had any questions about the deal.
I was very pleased to have Roy's assistance when trying to determine the best way for me to buy out the previous owner of the firm. The knowledge that he has from his coaching and consulting experience from past deals was very useful and valuable. He kept me focused on the deal points that were most important to ensure the future success of the firm.
I hired Roy when I was fifty-five to help me lay the groundwork for my eventual exit from practicing law. He provided some valuable advice about how to tweak my existing practice in a way that will make is easier for me to work part-time before I completely retire.
I wanted to buy a practice and hired Roy to help me assess the law firms I was considering. What I found most helpful was his knowledge and insight into what other firms are experiencing and doing in regard to succession planning and buyouts. That type of information is simply not readily available to make comparisons. I found it very valuable.