The lawyer's guide to buying, selling, merging, and closing a law practice

Reference & Research Book News, May, 2008

The lawyer's guide to buying, selling, merging, and closing a law practice.

Ed. by Sarina A. Butler and Richard G. Paszkiet.

American Bar Association

2008

215 pages

$99.95

Paperback

KF315

Editors Butler, American Bar Association (ABA) Associate Executive Director, and Paszkiet, ABA Deputy Director of Book Publishing, have compiled a guidebook specifically intended for solo and small firm lawyers interested in buying, selling, merging, or closing a law practice. The volume's 12 detailed chapters offer what is almost a step-by-step guide. Chapters include an overview of buying and selling a practice or niche practice, ethics aspects of acquiring a practice, valuation and price setting, tax issues, issues to consider in mergers, file preservation, and ending client and employee relationships. Written by 11 experienced lawyers, the chapters are organized point-by-point, followed by a conclusion, and recommendations for further reading. While some topics are complex, the writing is uniformly clear and concise.

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