Buy a law firm, don’t start a new one
For many lawyers, COVID-19 has presented numerous professional and financial challenges. Avinash Singh, however, saw an opportunity to purchase a legal practice.
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On this episode of The Lawyers Weekly Show, the new owner and principal of Astor Legal, Mr Singh, chats with host Jerome Doraisamy about why he wanted to purchase an existing legal practice rather than starting a new one from scratch, the pros and cons of such a decision, and how he managed the process of purchasing.
Mr Singh also offered advice to other lawyers who may want to run their own legal businesses, what he learned along the way, and what works and doesn’t work when it comes to the financial, professional and personal complexities of acquiring a law firm.
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Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
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