What size legal practice is ideal to buy?
Common criteria for buying a legal practice are geographic location and type of work but how does the size of a practice fit into the equation? Can a practice be too big or too small?
Let's consider various sized practices:
A legal practice with $200K annual revenue
This size practice would be ideal for a practitioner with a high level of competency in the field of work practised.
The level of fee revenue is too small for the current principal of the practice to be to