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    Law Firm Valuation [CC]

    Law Firm Valuation [CC]
    CLE 60 min

    Law Firm Valuation [CC]

    Practice valuation is a central to understanding a firm's ability to secure loan financing, negotiate firm mergers and collaborations, and a host of other important business matters, including but not limited to the value of a firm upon sale. Join this panel of experts as they dive into valuation of a law firm.

    Select your state to learn more about the credit details and status of CLE application. Credit is not available for states not listed.

    1.00 total credit hours including

    • General

      Status:

      Applied for upon completion

      1.00 credit hours

      Available until:

      12/31/2024

    1.00 total credit hours including

    • General

      Status:

      Approved

      1.00 credit hours

      Available until:

      07/15/2025

    1.00 total credit hours including

    • Ethics

      Status:

      Applied for upon completion

      1.00 credit hours

      Available until:

      07/14/2024

    1.00 total credit hours including

    • Practical Skills

      Status:

      Approved

      1.00 credit hours

      Available until:

      07/14/2024

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    Closed Captioned.

    It's common for dentists or doctors to sell their practices but far less common for lawyers to do so. Yet, buying and selling of law practices is a legitimate option for the development, growth, and conclusion of a lawyer's professional efforts. Many lawyers who spend years building up a law practice often leave significant money on the table when they retire and simply “shut down” their practices.

    The Law Practice Division Finance Committee has put this program together to help lawyers and law firms take the first step to understanding the value inherent in their practices. We'll discuss obvious things like revenue and net profit but also intangibles like staff, an attorney's reputation, their client base, and more.

    Attendees can expect to learn the following:

    Explore possible ethics problems and how to avoid them in preparing a practice for sale and selling a practice.
    Explore valuation options other than a sale and how a lawyer or law firm can find a buyer
    Discuss lawyers and law firms should think about value from both a monetary and ethical point of view.

    Product Details

    Product Code

    EP2107LFVOLC

    Duration

    100

    Publication Date

    7/15/2021 12:00:00 AM

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