Mistake #2 to Avoid: False expectations about “Internal Successors.” During Ep. 54 of the State of the Market for Law Firm Sales In 11 Minutes, Senior Attorney Match’s Jeremy E. Poock, Esq. explains the following: The second mistake to avoid relates to assuming that a would-be Internal Successor(s) wants to purchase their boss’ law firm. By and large, key employee lawyers just want a job. They were hired for a job. They want to continue having a reliable, predictable, and safe job. And, they often just can't afford to purchase their boss’ law firm practice. By contrast, Growing Law Firms present the preferred purchasers of Senior Attorney-led firms because they want and need the following assets that Senior Attorney-led firms offer: (a) More clients; (b) Experienced workforce; and (c) Access to treasure chests of Digital Content needed to attract the attention of new clients in today’s post-2020 Digital Era. Watch here: https://lnkd.in/eUw-JEqF Link to subscribe to The Law Firm Seller YouTube Channel: https://lnkd.in/ewjyRW2F
Mistake #2 to Avoid: False expectations about “Internal Successors.” During Ep. 54 of the State of the Market for Law Firm Sales In 11 Minutes, Senior Attorney Match’s Jeremy E. Poock, Esq. explains the following: The second mistake to avoid relates to assuming that a would-be Internal Successor(s) wants to purchase their boss’ law firm. By and large, key employee lawyers just want a job. They were hired for a job. They want to continue having a reliable, predictable, and safe job. And, they often just can't afford to purchase their boss’ law firm practice. By contrast, Growing Law Firms present the preferred purchasers of Senior Attorney-led firms because they want and need the following assets that Senior Attorney-led firms offer: (a) More clients; (b) Experienced workforce; and (c) Access to treasure chests of Digital Content needed to attract the attention of new clients in today’s post-2020 Digital Era. Watch here: https://lnkd.in/eUw-JEqF Link to subscribe to The Law Firm Seller YouTube Channel: https://lnkd.in/ewjyRW2F #lawyers #trialattorneys #lawfirms #successionplanning #attorneys #justice #Legal #Legalmarketing #attorney #legalnews