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There are any number of reasons to determine the value of your firm, especially if you are planning to sell your practice. But how do you do that?
In this episode, Darren Wurz talks with Serena Amlie, CFA, a manager at ComStock Advisors, about the process of performing a valuation for a law firm. She also explains what you can do to improve the value of your business to sell it for top dollar.
Serena discusses:
- Two reasons why law firms get a valuation done
- Ways a law firm valuation is different from other businesses
- Two different methods she typically uses to evaluate the law firm
- Ways to improve the value of your law practice ahead of sale
- And more