Best Practice: Law Firm Practice Sale - Selling a Personal Injury Plaintiff Practice
Asked and Answered
By John W. Olmstead, MBA, Ph.D, CMC
Q. I am the owner of a personal injury plaintiff practice in downtown Chicago. I am the only attorney in the firm. I have two legal assistants. I am 66 years old and am starting to think about retirement and how to exit my practice. I would like to sell the practice to another law firm or practitioner. Does my practice have any value and can it even be sold?