When it comes to the financial analysis and valuation of law firms, there is only one certainty: Law firm founders and managing partners will always over-estimate the value of their
What's Your Practice Worth?
Law firms, because of caseload analysis and the project-oriented nature of their work, are notoriously hard to value, even more so than accounting firms and other professional service industries where there is an established schedule of work for at least a 12-month period.
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