July 31, 2024
Daily updated list of 55+ law firms for sale or merger on our website – click here.
New Firms For Sale
Ref 100367 – East Midlands
Well established SRA regulated Family and Wills & Probate solicitors’ firm in the East Midlands looking for a sale or merger. No legal aid. Turnover of c£480k. Small team of staff for TUPE. Locally based clients mainly from repeat business and recommendations. Very little local competition. Will bank with c1000 wills (firm is executor nominee in a significant number of these). Offices available for leasehold. PII £15k. Owner prepared to remain involved in the short-medium term.
Ref 100358 – East Midlands
Well established East Midlands SRA regulated solicitors firm looking for sale or merger. Turnover c£500k. Small team of staff covered by TUPE. Locally based clients from recommendations, repeat business and online sources. CQS accreditation. Mix of work : 39% Wills and Probate, 37 % Conveyancing, 17% Matrimonial, and 7% Other. Office available for lease or to purchase.
Recently Updated
Ref 100354 (partners remaining – all options considered)
Well established SRA regulated solicitors’ firm in the South West looking for a sale or merger. Turnover of £2.8 million. Team of staff for TUPE. Locally based clients mainly from repeat business, recommendations and referrals. CQS and Lexcel accredited. Family legal aid work included. Mix of work 42% conveyancing (mainly residential but with some commercial), 36% Family, 22% wills & probate. Office available to lease. PII £140k. 2 partners willing to stay on for the medium term.
Ref 100350 – National
For Sale – ABS limited company law firm based in England with a continuous flow of UK-wide clients from guaranteed referral sources in a specialist field of law (litigation). Exceptionally rare opportunity to acquire a highly profitable, fully functioning ABS solicitors’ firm with ongoing regular guaranteed workflows and an established staff team. Firm currently turn non-specialist work away – potential to generate additional fees as well as expand. Turnover c£1 million, net profit margin c36%. PII c£22k. Claims free practice. Business can operate on a fully remote basis, but there is an existing office available to lease (optional). Founder prepared to remain involved if required.
Other firms for sale or merger include:
Ref 100358 – East Midlands – £500k turnover
Ref 100363 – Family law firm – £250k turnover
Ref 100360 – South Wales – clinical negligence – £400k turnover
Ref 100357 – Cornwall – £350k turnover
Ref 100356 – Buckinghamshire – £250k turnover
Ref 100354 – South West – £2.8 million turnover
Ref 100351 – Warwickshire – £600k turnover
Ref 100350 – National ABS law firm with £1 million recurring fees
Ref 100346 – Cumbria – £1.3 million
Ref 100345 – Warwickshire – £700k turnover
Ref 100343 – South Coast – £1 million turnover
Ref 100336 – East Midlands – sole practitioner retiring
Ref 100333 – East Midlands – partnership for sale
Ref 100308 – West Sussex – ABS for sale
Ref 100300 – Norfolk – LLP for sale
If interested in any of the above please reply to this email.
Law Valuation & Retirement Advisory Services
We provide detailed valuations of law firms and accountancy practices based on actual market values. For further information or an informal discussion about your business, please get in touch or visit our website. Law Firm Valuation & Retirement Services – click here.
Updated list of law firms for sale – click here.
Enquire
