Episode 91

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Published on:

16th Jan 2025

What Is Your Law Firm REALLY Worth?

In this insightful discussion, Richard James and MPS dive deep into the valuation of law firms, highlighting essential financial metrics like revenue and EBITDA. They break down value attractors—factors like revenue growth, client retention, and operational systemization that boost a firm's worth—and contrast them with value detractors, such as key man risk and data vulnerabilities, which can lower valuation. Whether you're planning an exit strategy, scaling your practice, or strengthening your firm’s foundation, this episode offers actionable strategies to maximize your law firm’s value.

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About the Podcast

Your Practice Mastered
Are you ready to take your law firm to the next level?
Tune into The Your Practice Mastered Podcast where we talk about specific problems for law firm owners as they grow their firms. A show that will allow you to learn how to build a law firm that supports a lifestyle that gives you personal and financial freedom. New Episode every Thursday 8PM EST.