How to Prepare a Law Practice for Sale with Victoria Collier

In this episode of The Former Lawyer Podcast, Sarah Cottrell talks with Victoria Collier, founder of Quid Pro Quo Law, about the process of preparing a law firm for sale. Victoria shares her own journey, from building her practice to successfully selling it, and offers critical insights into the steps lawyers can take to make their firms scalable and attractive to buyers. From establishing processes and delegating tasks to cleaning up financials, Victoria breaks down the key factors that make a law firm a valuable asset.Whether you’re a law firm owner thinking about your long-term exit strategy or simply curious about what goes into selling a legal practice, this episode is packed with actionable advice. Learn how to position your firm for sale, maximize its value, and set yourself up for a successful transition beyond the law.See show notes at formerlawyer.com/242I'm closing enrollment for my self-paced group program, the Former Lawyer Collaborative, permanently on August 31st, 2026. If you've been thinking about joining now is the time. Head to formerlawyer.com/collab to join before doors close on August 31st.