Exit and Succession Planning

As CPAs and financial professionals, we believe it's never too early to start preparing for the longevity of a law firm so we offer succession planning services and exit plans for lawyers and attorneys. The goal of succession planning is to develop an effective business exit strategy either through the sale of the business or through a transition to other family members. The process is highly customized and is designed to attain very specific, personal goals of the current owner.

If your primary goal is to sell the practice for your retirement, our team of succession planning experts can help. We’ll work with you to define your goals, identify the financial strengths and weaknesses and develop a plan to maximize the value of your law firm. If your goal is to keep the practice in the family, we can assist you with identifying and preparing a successor, estate and trust planning, minimize gift taxes and insurance planning. With our guidance, succession planning can be a financially rewarding and pleasant experience.

Call our experienced exit and succession planning team today at 410-466-3779 for more information. We work with lawyers in Maryland and throughout the Mid-Atlantic region.

Our succession planning and exit strategy services include:

• Preparing the business for sale or internal transfer
• Identifying a buyer or preparing a successor
• Tax planning for the sale of your law firm
• Guidance on structuring the sale (stock sale or asset sale)
• Sales projections
• Buy/sell agreements
• Retirement planning