Law Deals: Succession Planning, Partnerships, Purchases, and Sales

In this episode of the Law Deals podcast, Attorney Ed Alexander hosts Jonathan Hawkins of Law Firm GC to explore the ethical concerns of law partnerships. They discuss the critical issues that partners face, including conflicts of interest, maintaining client confidentiality, and upholding professional standards. Jonathan brings his extensive experience to the conversation, offering valuable insig...

Join us for Episode 10 of the Law Deals Podcast, where we chat with Victoria Collier, a seasoned attorney and entrepreneur. Victoria began her career in the Air Force before opening her own law firm straight out of law school, eventually pioneering Veterans Benefits for Seniors in elder law. She ran her successful firm for 18 years, then strategically sold it to focus on new ventures. In this epis...

In the ninth episode of The Law Deals Podcast, host Ed Alexander sits down with Attorney Jordan Ostroff, a dynamic figure in the legal field whose career trajectory took a fascinating turn from state attorney to law firm owner. Jordan shares the story of his transition, offering listeners an intimate look at the challenges, surprises, and ultimately, the rewards of purchasing and revitalizing a la...

Join us in Episode 8 of the Law Deals podcast with your host, Ed Alexander, as we delve into the crucial topic of The Conversation when selling your law firm. This episode explores the vital dialogue every firm owner must initiate with their associates when considering the sale of their practice. Ed Alexander navigates the complexities of this conversation, highlighting the importance of transpare...

In this enlightening episode of "Law Deals," we delve into the intricate world of goodwill in the legal industry, an asset as intangible as it is valuable. As we unpack the essence of goodwill, we explore its critical role in the valuation and success of law firms and businesses alike. Discover how goodwill, often hidden in plain sight, can significantly impact a firm's reputation, client loyalty,...

Unlock the Secrets to a Successful Strategy with Episode 6 of the Law Deals Podcast, hosted by Ed Alexander. In 'How Your Firm Compensation Can Crater Your Exit,' Ed dives into the crucial yet often overlooked aspect of employee compensation and its pivotal role in your firm's future. Learn from industry experts about designing a compensation plan that not only motivates your team but also secures...

In the fifth episode of the Law Deals podcast, titled "The Need for a Second Act," we tackle the crucial yet often overlooked aspect of succession planning for legal professionals: what comes after selling your law firm. This episode emphasizes the importance of having a post-retirement plan, exploring the diverse opportunities and challenges that come with stepping away from a lifelong career in...

In this episode of the Law Deals podcast, "Three Types of Law Firms," we delve into the distinct landscapes of the legal world: process firms, relationship firms, and 'brain surgery' firms. This episode provides a comprehensive overview of each type, highlighting their unique characteristics, operational models, and market positioning. We explore process firms known for their efficiency in handlin...

In the third episode of the Law Deals podcast, titled "Associate Made Partner," we delve into the journey of making an associate a partner in your law firm. This episode offers an in-depth look at the challenges and pivotal moments for an attorney looking to bring on a new partner, and why you need the right Partnership Agreement to protect your assets.

In this episode titled 'Four Ways to Exit,' we explore the various pathways for transitioning out of your law practice. Whether you're considering retirement, looking to pass on the torch, or seeking new ventures, we break down four primary exit strategies you can employ when exiting your firm. Ed Alexander discusses the advantages, challenges, and key considerations for each option, providing val...

In the inaugural episode of the Law Deals podcast, we dive in with Attorney Ed Alexander as he introduces himself, delves into the origins of Alexander Business Law, and gives a tantalizing preview of the diverse and engaging legal topics that Law Deals will explore in upcoming episodes.