Tom Lenfestey is the Founder of The Law Practice Exchange, LLC as well as a practicing attorney and licensed CPA. Tom’s years in the legal world focused on transition and succession planning for other professions including creating, advising and implementing strategic business and estate plans for those clients. In doing so, he came to recognize the lack of knowledge, attention and options that were provided in the legal profession to attorneys for their own practices, specifically in the realm of succession planning and other transition or exit opportunities. As a result, The Law Practice Exchange aims to increase the understanding and acceptance of the options for lawyers looking for exit or growth options through transition planning in the legal marketplace or within their own firm.
Tom Lenfestey has been appointed and serves on the Transitioning Lawyers Commission with the North Carolina Bar Association and has provided numerous educational events to attorneys hosted by state and local bar associations, legal insurers and law related professional organizations on the topics of succession planning, selling your law practice, valuing a law practice and others related to lawyer transitions. In addition, Mr. Lenfestey has been interviewed or published in a number of legal publications in regard to transition planning for lawyers and law firms.
Are you an attorney or law firm looking for your law practice transition plan or exit path? The Law Practice Exchange provides exit and transition plans that help preserve client goodwill, attorney legacy and allows for a value-based exchange to a buyer. The Law Practice Exchange serves attorneys as your confidential law practice broker or transition advisor.