Sellers

Call in Confidence: 0800 246 5001

What factors make for an easy sale?

In relation to law firms, by far an easy sale is one where the seller has a realistic idea as to the sort of price a practice is worth. Not only that, they have also communicated quickly each time an enquiry has been made, they have got all the paperwork together ready to go each […]

READ MORE >

I am a sole practitioner. Is my law firm worth anything?

Yes it is. We have been involved in transactions for the sale of sole practitioner law firms on numerous occasions and whilst they are not for everybody the firms do still have a value. A couple of things you could consider doing to increase the chances of sale: a) convert your business into a limited […]

READ MORE >

How do we list our firm for sale or merger with you?

Very simple – select the level of service you want to use – Bronze, Gold, Platinum or Platinum Plus, and then place your order. Full information here. Next Steps We will make contact with you to progress. This usually involves providing us with a range of information including your most recent accounts. Paragraph of Sale […]

READ MORE >

Do you vet potential buyers before sending them through to us?

The answer to this question is more complicated than a simple yes. We do a background check on everybody who comes our way and we also keep records as to previous conduct by potential buyers in relation to other firms they have enquired about. We notify our sellers of everything that we know about a […]

READ MORE >

How long will it take to sell my business?

This is the first question we always get asked by everyone who lists their business on the Jonathan Fagan website. It is quite an easy question to answer because it is pretty much always ‘how long is a piece of string’. Law Firm Sales The usual length of a law firm sale depends on a […]

READ MORE >

What price should I put on my law firm for sale?

We do not usually recommend indicating a sale price unless you have something very specific in mind. Law firms in particular are notoriously difficult to gauge a price for, because they do not have the same realisable assets that an accountancy firm for example has. Accountancy practices tend to be valued on the number of […]

READ MORE >

General FAQ's

Why is there a surge in buyers looking to acquire law firms in September and October each year? Why are there so few accountancy firms for sale on your website? Do you provide accountancy practice valuations? Are business brokers regulated? What underhand tactics do business brokers use? How secure is our data? Do you offer due diligence services?