Selling a law firm (or any business) involves more than finding a buyer and agreeing on a price. It's also about understanding what that sale means for your financial future.
Counterweight Private Wealth Founder and President Nick Murphy, CFP®, recently joined Tom Lenfestey of The Law Practice Exchange on The Exchange podcast to discuss the financial considerations that often get overlooked during a business exit.
From taxes and deal structure to retirement income and life after ownership, their conversation explores why financial planning should begin well before a sale and how having the right team involved early can help owners make more informed decisions.
Listen to the full conversation below.