Election Worries: To Sell, Shut Down, or Relocate Your Law Firm

Smart Lawyers Position to Transition

Since the election a month ago, many lawyers, especially women and those owning immigration law firms, are grappling with uncertainty about how the new administration may affect their businesses. In this episode, our host Victoria Collier goes into the emotional and practical challenges lawyers are facing. They discuss whether to shut down, sell, or even relocate a law firm—and what steps and consequences to consider before making drastic moves.

Key Topics Covered

Election Results and Lawyer Anxiety Why election outcomes are creating stress for law firm owners, especially women business owners and those practicing in areas like immigration or environmental law.

Emotional Impacts How societal polarization and shifting regulations are pushing lawyers into survival mode, with some questioning their ability to continue operating.

Finding Opportunities in Crisis How lawyers can pivot their practice areas or perspectives to adapt to changing environments, using immigration law as an example.

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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