Selling a Legal Software Company: How SaaS Valuations Differ from Services Businesses
If you have started thinking about selling your legal software company, you have probably run into valuation advice that does not quite fit. People talk about multiples of profit — but your company may not be especially profitable, because you have been reinvesting everything into growth, product, and customer acquisition. So you are left wondering whether the business you built is worth far less than you hoped, or whether the people giving that advice simply do not understand how software companies work. They probably do not. A legal software company and a legal services business are valued in fundamentally different… Read more »