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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Working with Roy was a very positive experience for me – I particularly liked that he was flexible in his program (no need to commit to 12 months without first seeing if it’s a good fit, etc.); Roy was very responsive to my stated needs (explorin…" Read the rest
– Owner, small Fishers, IN law firm

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