Tom Lenfestey is the Founder of The Law Practice Exchange, LLC as well as a practicing North Carolina attorney, licensed CPA and Accredited Business Intermediary. Tom’s years in private practice focused on transition and succession planning for other professions including creating, advising and implementing strategic business and estate plans for those clients. As a result, Tom founded The Law Practice Exchange in 2013 to provide education, options and brokerage and consulting services to the legal profession on selling, buying and overall law firm succession strategies.
In this episode, Stephanie talks with Tom Lenfestey about the marketable value of law firms and how to value your firm.
We’re joined by business owner and author, Tom Lenfestey, where we talk through succession planning and what it looks like to sell your practice.
Business owner and author, Tom Lenfestey, shares his best practices and steps for how to buy a law firm.
Tom Lenfestey shares his best practices for a law firm succession plan and his top tips for buying and selling law firms.
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