Size Matters

The most common exit strategies for retiring solo practitioners and small law firm owners typically include recruiting a successor, merging with another law firm, or selling the practice. All of these options have advantages and disadvantages.

However, there’s one strategy that is rarely considered, though it may make the most sense in terms of the retiring lawyer’s financial and personal well-being. That strategy is downsizing.

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Roy’s marketing coaching was thorough and thoughtful. But perhaps what I valued most was that his advice was tailored to my practice, which is very much a niche market. Roy’s well-balanced and customized approach was perfect for my needs." Read the rest
– Partner, small Washington, D.C., law firm

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