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Artwork for Law Deals:  Succession Planning, Partnerships, Purchases, and Sales

Law Deals: Succession Planning, Partnerships, Purchases, and Sales

Ed Alexander
Law Firms
Private Equity In Law Firms
ABA Model Rule 5.4
Private Equity
Legal Service Organization (LSO)
Succession Planning
Digital Assets
Arizona Private Equity ABS
Direct Ownership Of Law Firms
Florida Bar
Florida Lawyers Mutual Insurance Company
Branding
Domain Hosting Email
Mergers and Acquisitions
Digital Continuity
Florida Bar Rule 4-5.4
Indirect Ownership Of Law Firms
Artificial Intelligence
Professional Liability Insurance
Claims-Made

Welcome to "Law Deals: Law Firm Succession Planning, Partnerships, Purchases, and Sales" - the essential podcast for legal professionals navigating the complex world of law firm management and ownership transitions. Each episode, we delve into the intricacies of succession planning, explore the dynamics of effective partnerships, and demystify the processes behind buying and selling law firms. Joi... more

PublishesTwice monthlyEpisodes37Founded3 years ago
Number of ListenersCategories
EntrepreneurshipBusiness

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Artwork for Law Deals:  Succession Planning, Partnerships, Purchases, and Sales

Latest Episodes

Your law firm's digital assets can be among its most valuable assets. Yet, while most law firm owners can tell you exactly how much cash is in the bank, ask them who owns the firm's website, domain name, or Google Ads account, and the answer often ge... more

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In this episode of The Law Deals Podcast, I sit down with Daniel Feiman, founder of Build It Backwards, to explore a proven five-phase framework for effective law firm succession planning. Drawing on decades of experience and work with more than 100 ... more

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Most lawyers know they should have professional liability insurance—but few truly understand what it actually covers, when it applies, or how it protects them as their firms evolve. In this episode of The Law Deals Podcast, I sit down with attorney P... more

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Too many law firms spend heavily on ads, SEO, or the “latest marketing trend” without first laying the groundwork for success. The result? Burned budgets, scattered strategies, and frustration when the phone still doesn’t ring. In this episode of The... more

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In this episode of The Law Deals Podcast—the second in our two-part series with attorney Jonathan Hawkins, founder and managing partner of Law Firm GC—we shift the focus to indirect ownership of law firms and the growing role of management and legal ... more

In this episode of The Law Deals Podcast, the first in a two-part series, I’m joined by attorney Jonathan Hawkins: founder and managing partner of Law Firm GC. Together, we explore one of the most significant shifts facing the legal industry: the ris... more

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From Chaos to Cash-Out: How One Attorney Turned a Century-Old Firm Into a Practice that Served Her and a Successful Exit. What happens when a tech-savvy attorney walks into a law firm that's been doing things "the old way" for decades? In this episod... more

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The Law Deals Podcast celebrates its 30th episode with an important conversation between host Ed Alexander and financial advisor Jennifer Lee. Together, they explore the realities of preparing for life after law firm ownership, from tax strategies an... more

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Recent Guests

Paige Wiese
Founder and CEO of Tree Ring Digital
Tree Ring Digital
Episode: Protecting the Value of Your Firm's Digital Assets - Law Deals Episode 37
Daniel Feiman
Author of Succession Planning Systems; founder of Build It Backwards
Build It Backwards
Episode: Building Your Firm's Future with Daniel Feiman - The Law Deals Podcast Episode 36
Peggy Hewitt
Resources and Services Manager at Florida Lawyers Mutual Insurance Company
Florida Lawyers Mutual Insurance Company
Episode: What Lawyers Get Wrong About Malpractice Insurance with Peggy Hewitt - The Law Deals Podcast Episode 35
Carrie Flynn
Marketing strategist and consultant, owner of Virtual Simplicity
Virtual Simplicity
Episode: Proven Marketing Strategies for Law Firm Growth with Carrie Flynn - The Law Deals Podcast Episode 34
Jonathan Hawkins
Founder and Managing Partner of Law Firm GC
Law Firm GC
Episode: Direct Ownership & Law Firms: Is Private Equity Already Your Competition? with Jonathan Hawkins - The Law Deals Podcast Episode 32
Jennifer Bondy
Attorney and law firm owner who modernized and sold a long-standing Florida firm
Bondy Law
Episode: From Chaos to Cash-Out with Jennifer Bondy - The Law Deals Podcast Episode 31

Host

Ed Alexander
Host of the show focusing on law firm succession planning, partnerships, purchases, and sales.

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Talking Points

Recent interactions between the hosts and their guests.

What Lawyers Get Wrong About Malpractice Insurance with Peggy Hewitt - The Law Deals Podcast Episode 35
Q: What should firms negotiate when a partner with high-risk practice leaves the firm?
They should negotiate tail or nose coverage, ensure the departing partner or the remaining firm retains coverage for past events, and include these terms in the partnership agreement to avoid unexpected premium spikes or coverage gaps.
What Lawyers Get Wrong About Malpractice Insurance with Peggy Hewitt - The Law Deals Podcast Episode 35
Q: What is the difference between claims-made and occurrence coverage, and why does it matter for someone moving between firms?
Occurrence coverage pays based on when the claim occurred, regardless of policy period, while claims-made coverage requires both the incident and the claim to be reported during the policy period; this distinction affects tail and nose considerations during transitions.
What Lawyers Get Wrong About Malpractice Insurance with Peggy Hewitt - The Law Deals Podcast Episode 35
Q: When should a lawyer start thinking about professional liability coverage in relation to their practice area and risk history?
As early as possible and at renewal time, because coverage is tailored to the individual practice, risk history, and state, and changes in practice or personnel can require adjusting limits and notifications to the insurer.
Building Your Firm's Future with Daniel Feiman - The Law Deals Podcast Episode 36
Q: What does the preparation phase look like, and what are the most common mistakes firms make in that phase?
The preparation phase challenges leaders to define their purpose, whether for a short-term exit or to bring in the next generation, and to document current and future realities with an org chart and roadmaps to prevent misalignment.
Building Your Firm's Future with Daniel Feiman - The Law Deals Podcast Episode 36
Q: Could you walk us through why most law firms struggle with succession planning and how your system addresses these challenges?
Daniel explains that many firms fail to plan because leaders lack a clear purpose, and the five-phase system provides a concrete road map with tools like critical roles, success profiles, and a formal implementation plan to bridge the gap between current and future realities.

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Frequently Asked Questions About This Podcast

What is This Podcast about and what kind of topics does it cover?

The series covers governance, ownership transitions, and strategic deals within law firms. Across episodes, listeners get practical guidance on succession planning, ownership structures (direct and indirect), partnerships, and the buy/sell process. Guests share frameworks, templates, and real-world anecdotes that help firms protect value, manage risk, and structure deals for smoother transitions. The show blends actionable steps with strategic considerations—ranging from insurance and risk management to marketing, governance, and leveraging technology for scalable growth—making it useful for firm leaders, aspiring owners, and professionals involved in firm exits or mergers. A notable strength is its emphasis on compliance, ethics, and pract... more

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this podcast launched 3 years ago and published 37 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on this podcast?

Recent guests on this podcast include:

1. Paige Wiese
2. Daniel Feiman
3. Peggy Hewitt
4. Carrie Flynn
5. Jonathan Hawkins
6. Jennifer Bondy

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