August 15, 2024
Ref 1003x
Part qualified lawyer looking to buy into a law firm. Looking to pay a lump sum as a non-refundable deposit, work as an employee (without net cost) for 2 years, and then pay the balance to acquire the full equity of the business. Offers a solution for a sole practitioner or small firm seeking succession in the medium term. Looking specifically for a 1-2 partner practice within the M25. May also have work to introduce depending on location of the firm.
Ref 100370 London Solicitors Firm
Unique situation with details on request once an NDA has been signed. Private Client and Conveyancing work in the TW and KT postcode areas. Potential for a start up to acquire a caseload of clients of good quality without high levels of investment (CQS accreditation may be available), or for an existing law firm to acquire caseload with minimal up-front expenditure. 2,000 wills & LPAs may also be available. Or for referral from longstanding CQS accredited firm of high reputation. Option to take over/acquire premises and run cases on site or receive cases for external handling. Seller flexible on referral terms, whether a fee per case or percentage split.
Recently Updated
Ref 100350 – National ABS Law Firm
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.
Ref 100354 Solicitors Firm (partners remaining as required – 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 100368 Accountancy Practice
Very well established ACCA Accountancy practice with £1 million turnover in the Greater London area. Staff team for TUPE, established GRF client list. Asking price will be above £1 million. Huge scope for rapid expansion via untapped marketing channels.
Other firms for sale or merger include:
Ref 100367 – East Midlands – £480k turnover
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.
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