#2: Paul Floyd on How to Value and Sell a Law Practice

Today’s guest is Paul Floyd, a business lawyer for lawyers — and a very successful one. Paul finally explained law practice valuation so I could understand: the best way to value a law practice is not to value it. Today's question is from our forum: How do you calculate flat fees when starting out. Aaron and I offer our own suggestions for coming up with flat fees early on in your legal career.