Feb 5, 2025
In this final installment of our four-part series, Prospective
Buyer Meets Prospective Seller, we dive into the critical
boundaries that must be set before a Letter of Intent (LOI) is
signed. If you're in the process of selling your law firm, knowing
what to disclose and what to withhold can make the difference
between a smooth transition and a deal that falls apart.
Confidentiality isn’t just a legal formality—it’s the foundation
for protecting the value of your practice. Victoria Collier breaks
down the no-go zones in law firm sales, explaining the risks of
premature disclosure and how to navigate these delicate
conversations strategically.
What You'll Learn in This Episode
• The difference between due diligence before and after
an LOI is signed.
• Why NDAs alone aren’t enough to protect your firm’s
sensitive information.
• The types of confidential details that should never be
disclosed too soon.
• How potential buyers can misuse your data, even with an
NDA in place.
• And much more!
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.
We want to hear from you!
You can leave us a rating and review in Apple Podcasts. Click here and then scroll down the page to the rating and review section.
You can also leave us a rating in Spotify by clicking here.
Connect with Victoria Collier
Private Facebook Group
https://www.facebook.com/groups/1284225722042602
https://www.linkedin.com/company/victoria-collier-coaching/