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Duplicative Expenses: The Hidden Boost to Law Firm Value
Manage episode 502879838 series 3371055
When it comes to selling or buying a law firm, what you see on the books isn’t always the whole story. Some costs are real for the seller but won’t carry over to the buyer — and those hidden savings can dramatically change a firm’s true value.
In this episode, Victoria Collier uncovers the overlooked world of duplicative expenses. From accounting to software to office rent, these “double costs” can either drag down your firm’s valuation or create hidden upside for savvy buyers.
What You’ll Learn in This Episode
Duplicative expenses can mask a firm’s true profitability — learn how to spot them and why they matter in valuations.
Buyers can find hidden opportunities to instantly boost net income by cutting redundant costs.
Sellers who highlight these expenses proactively can position their firm as more valuable and secure a better price.
About Victoria Collier
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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181 episodes
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