To Sell or Not to Sell: The Financial, Cultural, and Emotional Reality of Private Equity

Have you ever thought about selling your law firm? In today's episode of LAWsome, co-hosts Tanner Jones and Matt Smyers chat with the CEO of Vista Consulting, Tim McKey, about selling a law firm. Tim talks about how you can run an effective, efficient, and valuable firm while preparing for a sale that will fit your needs and those of your family in the long run.  Tim started his company with a friend named Chad Dudley, who was the COO of a company Tim was working with. Later, Chad left Vista and opened his own firm. Now, Tim is the CEO of an operational and strategic consulting firm whose goal is to help law firm owners through every step of selling or deciding whether or not they want to sell at all.  Tim talks about the steps you can take now to improve your business and become a well-oiled machine that attracts potential investors. He explains the emotional side of deciding to sell and the thought process that will help you determine what is best for you and the people around you. He also mentions the lessons he has learned from other deals he has seen and personally made.  Tune in to the latest LAWsome episode to find out more.  You can connect with Tim on his Website and on his LinkedIn. TLDR: In this episode, you will learn about How to decide if you want to sell your firm or not How to make your firm more efficient and appealing to investors What other law firms went through when selling their firm