The Lateral Move: Navigating Partnership Transitions in Law Firms
Description
In this episode, host Victoria Collier goes into the complexities of lateral partner moves in the legal industry. She explores why attorneys make this career shift, the benefits for both the individual and the firm, and the potential risks involved.
If you've ever wondered what a lateral partner move entails or how it differs from other transitions like mergers, this episode unpacks it all. Whether you're a law firm looking to grow strategically or a partner contemplating a move, you'll gain valuable insights to make informed decisions.
Key Takeaways (Without Spoilers):
1. Understand what motivates lateral partner moves and why they’re increasingly common in today’s legal market.
2. Discover the mutual benefits and challenges for firms and attorneys in these transitions.
3. Learn the crucial factors—beyond compensation—that ensure a successful partnership fit.
Victoria Collier is a seasoned attorney, entrepreneur, and expert in law firm sales and valuations. With a background in law and accounting, including her prior military service and CPA training, she brings a unique perspective on the financial intricacies of business valuations.
Victoria helps transform law firms into more valuable and sellable businesses, guiding attorneys through life after law.
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