Digital Value: The New 5th Component to Valuing a Law Firm

As Jeremy E. Poock, Esq. explains, 2020 accelerated the Legal Industry into the 3.0 Digital Era.

As Poock states, today’s consumers of legal services no longer primarily depend upon “Word of Mouth” for referrals to lawyers and law firms. Instead, “they're depending on what we call America's greatest referral source: Google . . . Uncle Google.”

As a result, we have now introduced the following 5th component to valuing a law practice: Digital Value.