Massachusetts Family Law Attorneys
Law firms, even solo legal practices, are businesses. They are also assets that are included in the property division that occurs during a divorce. If you own or are a partner in a law firm and are divorcing, you owe it to yourself to obtain experienced, aggressive and knowledgeable legal representation to protect your interests. Attorneys should not represent themselves in such matters — the stakes are simply too high.
Why Choose Us?
At The Massachusetts Family Law Group, our attorneys bring a range of business experience to the practice, making them particularly knowledgeable about the role that professional groups and other businesses play in developing a comprehensive financial settlement. Our goal is to preserve the firm and our client's interest in it; rarely is it necessary to dissolve the partnership or sell the firm. With more than 40 years of combined experience, our lawyers have the skill and knowledge necessary to seek the most favorable result possible. We prepare each case as if we are headed all the way to trial.
An Accurate Valuation Is Key
As with any business during divorce, it is critical to have an accurate value of your interest in the firm — even if the firm is deemed an income stream rather than an asset — in order to arrive at a fair child support and spousal support settlement. Our lawyers conduct discovery, seeking information that goes beyond basic financial statements to include reports of accounts receivable and accounts payable, contingency fees pending, fixed asset lists, goodwill assessments, client lists and state and federal tax returns. Our well-regarded business valuators are experienced at appraising legal practices. Our experts are known for their ability to uncover hidden assets and assign a correct value to any professional practice.
Spouses, Partners and Contributors
Divorcing spouses who are partners in a law firm need to decide whether they can continue to work together. Our attorneys know how to help clients navigate this difficult territory so they can arrive at the right decision. If they decide they cannot continue as business partners, one partner will need to buy out the other. Circumstances such as these make it critical to have a correct value assigned to the practice and an accurate determination of each partner's percentage.
A spouse who contributed to the success of a legal practice, whether by supporting the other person during law school or by entertaining prospective clients, must be properly compensated during the property division process. Our attorneys have the analytical skills to develop an accurate representation of a spouse's intangible contribution to the firm.
Referrals Tell the Story of Our Success
When it comes to representing attorneys who are dissolving their marriage, we receive many referrals from former clients and opposing attorneys from former cases — a strong indication of our firm's success.
For more information about Boston divorce for lawyers at (800) 763-1030. Or, send an e-mail to schedule a free initial consultation. We represent people throughout Eastern Massachusetts, including clients in Essex, Norfolk, Suffolk and Middlesex counties. If, like many of our clients, you already have a lawyer but are wondering if you are getting the advocacy and care you need, call us. Together we can evaluate your situation.
