If a CPA can appraise a law firm for a divorce settlement, can't they do it for a sale?
I hired Roy when I was presented with the opportunity to buy the estate planning 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 lo…"
Small-firm owners and solo practitioners looking to sell their law firms frequently believe that their particular office space—whether owned or leased—significantly enhances the value of their practice. They usually base this belief on the office’s superior location or their upscale furnishings and design.
When it comes to planning your law firm’s succession, a primary area of concern for your successor is whether your clients will choose to work with that successor after you leave. One way to assess that is to evaluate the type of goodwill that exists with your clients and whether that goodwill carries any transferrable value.
Roy S. Ginsburg, J.D.
“I have the firsthand and marketplace knowledge you need to assess your selling options.”
Like the attorneys he works with, Roy is a lawyer. He has practiced for more than 35 years—in law firms, large and small, as well as in-house coun…