In this insightful discussion, Richard James and MPS dive deep into the valuation of law firms, highlighting essential financial metrics like revenue and EBITDA. They break down value attractors—factors like revenue growth, client retention, and operational systemization that boost a firm's worth—and contrast them with value detractors, such as key man risk and data vulnerabilities, which can lower valuation. Whether you're planning an exit strategy, scaling your practice, or strengthening your firm’s foundation, this episode offers actionable strategies to maximize your law firm’s value.

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