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Selling Your Law Practice

Selling a Law Practice Should Be Profitable

Listing your practice is as easy as 1-2-3.

Ed Poll can help you successfully transfer the value of your practice through a sale, merger, retirement, or breakup, turning your years of effort in building client files and a reputable practice into real money. Thanks to changes in the American Bar Association's Rules of Professional Conduct in 1991, small firms, sole practitioners, and their heirs can now get paid for the goodwill of their practices.

For those considering selling their practices, Ed offers four options to help you get the most return on the business you’ve built.

Option 1: Web Site Listing

Your law practice will be listed on the LawBiz® Registry web site, a site reviewed by many lawyers who are seeking to jumpstart and expand their current law practices. This may be the closest service to a multiple listing currently available. The listing will contain the contact information you choose to provide and all further information and contact shall be with you. Be sure to provide an enticing description of the practice; remember, you want people to get excited about your practice and call you directly for more information. Feel free to contact Ed Poll for more information or assistance in preparing the verbiage for your ad.

Fee: $79/month.
Minimum of six months required

It takes time to match the right law practice buyers and sellers. That's why web site listings should be for a minimum of six months.

Sign up for a six month listing @ $79/month

Listing will automatically renew on a monthly basis until cancelled.

Option 2: Coaching: Prepare for The Next Phase

Ed Poll will work with you to help you prepare your practice for sale during a six-month coaching engagement. During this time, you and Ed will review the fundamentals of your practice and discuss where you should be focusing attention and resources in order to position your firm to get the most value during a future sale.


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Option 3: Practice Valuation

LawBiz® will provide you with a ballpark valuation of your practice, based on Ed Poll’s more than 20 years of experience in buying and selling law practices and other businesses, and his extensive writing on the subject. Contact us for more information.

Option 4: Consulting for the Sale of your Practice

LawBiz® will value your practice, as well as consult with you to sell your practice. We’ll work with you throughout the entire process.

With this option, Ed will:

Contact us to learn more.

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