Legal Practice Succession – Understanding the value of your practice 2024

Description

In this Introductory overview Rob Knowsley will address practical considerations for owners intending to exit small-medium firms, and intending purchasers. In New Zealand and Australia these size firms make up the very large majority of all law firms.

There is the opportunity to increase awareness of how to de-stress the whole process, for seller and potential buyers and prepare for a strong sale value. This is particularly important if attendees know that there is a growing awareness that a significant number of departing partners have unrealistic inflated views of what they should be paid.

The value of a partner’s interest in a legal practice has been a fraught subject for as long as your presenter has been in the Legal Profession, and almost certainly a lot longer. The key reason is a paucity of knowledge of the legal business financials, in both sellers and buyers.

The webinar content will include everything your presenter considers relevant... drawn from his long exposure to the profession, including representing the best interests of sellers and buyers of practice interests right up to the present day.

LEARNING OUTCOMES 

Attendees will complete the webinar with an increased awareness of the raft of issues that go to determining both what is a fair value for a departing Principal’s interest, and how to ensure the available options for getting paid are optimised.

SUITED TO 

Legal Profession... Intending vendors and purchasers of interests in small-medium legal practices.

PRESENTERS

Rob Knowsley LLB, Managing Partner, Knowsley Management Services

1.5 CPD Hours

  • Aug 15
    • $215.00 excl. GST
    Thu, 2:30 PM NZST - Thu, 4:00 PM NZST Online
    • $215.00 excl. GST

Coming Soon

All Coming Soon >>

One-connection-one-fee

Our webinars operate on a 'one-connection-one-fee' basis so you can have your whole team participate for one cost effective price and claim CPD points.

Recordings

All registrants to a live webinar will automatically be sent a recording at the end of that week along with a full transcript of the webinar, regardless of whether you attended or not.

Sole practitioners

A discount on webinars is available for sole practitioners. Please contact us at NZ‑learning@wolterskluwer.com to confirm eligibility.