New Law Firms for Sale 13th December 2022

Call in Confidence: 0800 246 5001

Click here for our regularly updated list of firms for sale.

100314 London Solicitors’ Firm

London solicitors’ firm (SRA regulated partnership) looking for a sale or merger. c£850k turnover. Team of staff for TUPE including solicitors and support staff. Local and nationally based clients, mix of work is 41% wills & probate, 6% crime, 29% conveyancing, 22% family and 2% housing. LEXCEL & CQS accredited firm, with legal aid contracts for family, crime and housing. Firm on most lender panels. PII £30k, present offices on lease from a partner of the firm.

100313 South East London Solicitors’ Firm

SE London Solicitors’ Firm (SRA regulated partnership) looking for a sale/merger/disposal ideally by April 2023. £1.2 million turnover, solicitor and support staff team for TUPE, mix of work is 40% conveyancing, 13% wills & probate, 12% matrimonial, 35% litigation including property (landlord clients). Huge scope for expansion particularly in conveyancing, family and private client work, with firm currently turning away private client matters. 3-3,500 will bank. Firm located within 15 minutes of London Bridge with very few local competitors. Over 30 years old, the practice is CQS accredited with lender panel membership. Work referred by existing clients and recommendations. Owner prepared to stay on for up to 2 years post-sale, act as COLP & COFA and supervise the office if needed. Keen to ensure a smooth handover. Leasehold offices. All proposals considered.

100312 Junction 26, M25 – Quick sale sought due to ill health

SRA regulated partnership based near junction 26 of the M25 looking for a sale or disposal due to ill health. No staff for TUPE; salaried partner (conveyancing) prepared to stay on remotely if required. 60% conveyancing, 15% commercial property, 18% wills & probate, 5% employment work. PII £33k with no recent claims, expiring September 2023. Firm on lender panels for Halifax, Lloyds, Barclays & Nationwide and others. Fast move welcomed. Huge potential for expansion.

100311 East Anglia £3 million T/O Solicitors’ Firm – QUICK SALE SOUGHT

Self-operating solicitors’ firm in East Anglia (LLP structure) looking for a sale or merger. High street offices (flexible leases available) in good accessible location. c£3 million turnover, fully functioning team of staff (fee earners and support staff) for TUPE. Clients via established sources, recommendation, website & walk ins. CQS accredited. 100% Residential Conveyancing. Full lender panel membership. PII £235k. Owner retiring, but very limited involvement in day to day running – ideal practice to acquire and run as a standalone conveyancing unit.

100304 North Wales Solicitors’ Firm

Very well established North West Wales Solicitors firm (SRA Partnership) with two offices looking for a sale or merger due to retirement of Senior Partner. 55% Conveyancing, 35% Probate, 10% Wills, LPA’s and Family. Turnover c 500k. CQS firm and on most Lender’s panels. No Lease commitments if not required. 5000+ Wills bank. Staff for TUPE including fee earners. Seller happy to remain in the short term as a Consultant if required.

If interested in any of the above please reply to this email.

An updated list of firms for sale is available on our website here: https://jonathanfagan.co.uk/law-accountancy-firms-for-sale/

Kind regards

Jonathan Fagan
jf@jonathanfagan.co.uk
www.jonathanfagan.co.uk

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