Goodwill included in Virginia law firm partnership valuation

Business Valuation UpdateVol. 5 No. 5
Legal and Court Case Update
May 1999
8111 Legal Services
541110 Offices of Lawyers
marital dissolution/divorce
buy-sell agreement, intrinsic value, marital dissolution

Howell v. Howell (I)
46 Va. Cir. 339, 1998 Va. Cir. LEXIS 256
September 4, 1998
State Court
United States District Court
Robert P. Raymond (for wife); William Stephens (for husband)


This case is confusing to read because there are mixed, and sometimes seemingly contradictory, references to both the appropriate standard of value and the valuation methodologies used by the respective appraisers.

See Also

Howell v. Howell (I)

At issue is the valuation of the goodwill of husband's law partnership interest.