Brooke Lively - What's My Practice Worth & Can I Sell It?

Send us Fan Maillovethylawyer.comA transcript of this podcast is available at lovethylawyer.com.Brooke Livelyhttps://cathcap.com/Brooke discovered her passion for helping entrepreneurial lawyers build their firms by working with her father. After getting her MBA in corporate finance and investments at Texas Christian University and a quick stint at a hedge fund, she found herself helping her family establish a new firm, which hit the seven-figure mark within eighteen months. Soon thereafter, she started talking to other lawyers who asked, “Can you do for us what you do for your family?”  This is when Brooke realized that most attorneys don’t run their firms by the numbers. They are making decisions based on their gut, and that causes a lot of anxiety — not to mention a loss of profitability. With that insight, Brooke started Cathcap, a fractional CFO company designed to maximize law firm profitability. Since 2013, Brooke and her team have helped hundreds of firms make data-driven decisions to drive faster growth and more predictability in their businesses. As a CFO, Brooke looks at every part of a firm that touches the money — and that’s the whole firm. This eventually led her to become an EOS Implementer®. Through EOS, Brooke helps firms gain clarity on their vision, discipline, and accountability to increase traction and develop a healthy, functional leadership team.  Brooke weaves the technical knowledge from her MBA with her real-world experience to create speeches that have entertained groups worldwide, such as Entrepreneur’s Organization, bar associations, and conferences like PILMMA Super Summit, 360 Advocacy, and the Louisiana Association of Justice. She has written numerous books, including her international best-selling series From Panic to Profit. Brooke has been featured in Forbes, US News and World Report, and on CNBC. She also has a monthly financial column in Attorney at Work and is frequently requested as a podcast guest. Brooke can be reached at [email protected] the Quiz and link to the book:https://cathcap.com/new-book-exit-on-top/ . Please subscribe and listen. Then tell us who you want to hear and what areas of interest you’d like us to cover.  Louis Goodman www.louisgoodman.comhttps://www.lovethylawyer.com/510.582.9090Music: Joel Katz, Seaside Recording, MauiTech: Bryan Matheson, Skyline Studios, OaklandAudiograms: Paul Robert  [email protected]