Valuations

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How do you allow for owner drawings when valuing a law firm?

A common question in recent times has been how to calculate net profit when working out the price of a law firm and in particular relating this to the situation where a seller is also working as a fee earner and taking drawings or dividend out of the business. The key question is usually whether […]

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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 […]

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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 […]

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How much is my business worth?

You need to get a full valuation from us in order to answer this question. Click here to request a quote. Our valuations are extremely detailed and include advice on improving value and saleabilty of your business. Business value tends to be the number one question for just about everyone running a law or accountancy […]

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Do you provide law firm valuations?

Yes we do – full details of our valuation services are available here – we provide market valuations based on current deal experiences and suggested deal structures. Our valuations are used for a wide range of purposes including partnership disputes & divorce proceedings. We recommend getting a valuation done as a first step to considering […]

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General FAQ's

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?