Recognizing the challenges faced by retiring lawyers due to a lack of succession planning, Tom, a seasoned attorney in private practice and law firm owner, launched The Law Practice Exchange in 2013. This trusted and innovative platform and service model serves a dual purpose. For lawyers looking to pass the torch, LPE empowers them to smoothly transition their practice and secure their future. For firms looking to strategically grow, LPE provides expert and personal guidance for smooth and efficient law firm acquisition.

Tom spends much of his time as a speaker on law firm valuation, buying and selling of law firms, law firm mergers, and lawyer succession planning. He is a regular guest speaker at legal associations, CLEs, and podcasts, and is also a frequent author of and contributor to legal articles and publications. Tom has co-authored the book Succession Plan for your Law Practice: A Step-by-Step Guide for Preparing Your Firm for Maximum Value with LPE team member Camille Stell.

Tom was appointed to and served on the Transitioning Lawyers Commission and Professional Vitality Committee with the North Carolina Bar Association, and serves as advisor and contributor to legal insurers, law firm lending institutions and others regarding the law firm buying/selling/succession marketplace.

Tom’s mission is to ensure that every law firm owner knows they have an option to sell their firm, that they understand the strategies to make that sale successful, and to motivate them to not wait until it’s too late. He is dedicated to empowering attorneys and law firms with the understanding that achieving a successful succession plan is well within reach.

Tom is a NC State Wolfpack fan and a past Michigander (who has always believed in the Lions). However, his true passion in life is his family, including his wife and two sons, coastal living, and their travel adventures.