This session aims to show you how to navigate the complexities of practice transitions, whether buying, selling or merging firms.
Learning Objectives
- Upon completion of this course, you'll be able to:
- Examine the evolving landscape of practice transitions and shifting ethical requirements.
- Formulate strategies for successful transitions, maximizing value, and identifying the right fit.
- Analyze the intricacies of firm valuation and address common misconceptions.
- Evaluate transaction structures, including LOIs, payment terms, client relationships, and post-transaction considerations.
Major Topics
- Overview and Trends: Understanding the evolving landscape of practice transitions and shifting ethical requirements.
- Planning: Strategies for successful transitions, maximizing value, and finding the right fit.
- Valuation: A deep dive into the intricacies of valuing firms and common misconceptions.
- Transaction Structures: Deal structures including LOIs, payment terms, client relationships, and post-transaction considerations