How To Sell A Law Firm feat. Victoria Collier

Victoria Collier, a lawyer and founder of Quid Pro Quo,
specializes in helping lawyers buy and sell law firms, as well as
coaching law firms on how to build value and become sellable in
the future. In this conversation, Victoria shares her journey of
selling her own law firm, the importance of education and options
in the legal industry, and the power of niching down and finding
your expertise within a niche. Tune in to gain valuable insights
into the world of law firm buying and selling.





Lawyer Side Hustles





Quid Pro Quo, founded by Victoria Collier, is a unique business
that specializes in helping lawyers buy and sell law firms. With
a focus on providing coaching, valuations, and guidance on
building law firms with future sellability, Quid Pro Quo offers a
comprehensive range of services to support lawyers in their
transition. Victoria's own experience of selling her law firm in
2020 and her early success in helping others sell their firms
inspired her to start the business. Through her podcast, Smart
Lawyers Position to Transition, Victoria aims to educate lawyers
about their options and the process of selling a law firm. She
emphasizes the importance of positioning oneself for a successful
sale and highlights the various ways lawyers can exit their
firms, whether by stepping back from their role or completely
exiting the firm.



“I want them to know that they have options, that there is no
one way to exit… I want people to get out of the podcast is number
one is that you have options, you have so many options and number
two is that there are things that you can and should do to position
yourself to sell that you can't just wake up one morning and say, I
don't want to do this anymore and think that people are going to be
knocking on your doors,” explains Victoria Collier in Episode 121
of You Are a Lawyer.




Quid Pro Quo's mission is to empower lawyers with the knowledge
and resources they need to make informed decisions about their
law firms and successfully navigate the process of selling or
transitioning their practices.


LISTEN TO LEARN


The valuation process for selling a law firm

Different ways to exit a law firm

The importance of education and options when it comes to
selling law firm



WE ALSO DISCUSS


Adapting leadership skills for virtual teams

The process of selling a law firm using Facebook

Finding a niche area of law






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Kyla Denanyoh hosts the You Are A Lawyer podcast. 


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