Valuation of a Professional Practice

The Valuation of a Professional Practice Can Be Complex, Expensive, Yet Critical to A Divorce

The valuation of the professional practice – such as that of a lawyer, physician, or professional engineer – is one of the most time consuming and potentially expensive tasks in a divorce case.

This spouse who is in a professional practice will often complain about double dipping in the sense that the same earnings which are used to calculate spousal and child support are used to find a value for the practice. The professional may also argue that the methodology used to pro five a value is flawed because a willing buyer for a practice might not even exist.

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