Law Firms For Sale

• Dagenham. Sole practitioner established 1980. Commercial, Probate and Family. Member of Law Society Children Panel. Converted to an LLP on 1st Feb 2014. High growth in Domestic Violence Dept. Profitable with growth forecast for 2017 15-20%. Asking price of £250k. S1028​

• ​East Sussex. Very profitable high street practice based in East Sussex offered for sale due to poor health. 2016/17 turnover £280k with last there years average profit before tax and drawings of 44%. MAINLY CONVEYANCING. Asking £140k. S1034​​

• South West London. Established in 2000. Specialists in French property law, Wills, Probate and Litigation. T/O £135k NBT Profit £80k. Full PI insurance cover in place. Part-time Secretary. Part-time accountant. Seeks: Either a buyer of the whole as a going concern. Or a buyer of the legal shell without the business. Or a merger. Or will make an investment in an enthusiastic start-up and provide the registered vehicle within which to operate. S1049​​​

• Mayfair law firm. Asking £1.5 million. Details on Application. S1051​​

• Slough based 3 partner practice with 6 staff established 1998.  PI, Family, Civil. Conveyancing (CQS)  Immigration, Housing, Notary Public & Probate. Sitting on 15 panels. £780k t/o with £111k net profit before tax. No borowings. WIP approx £200k. Asking £350k or offers. S1056​

• Shropshire. Established in 2011 this limited company has three directors. Turnover £603,890.00 NPT £110,000. Landlord & Tenant. Commercial and Residential conveyancing with CQS –on 50 panels. PI & Medical negligence. Company and commercial matters. 1 full time solicitor, 2 fee earners and 2 administrators. S1062​

• Hampshire. A Notary Practice regulated not by the SRA but the Faculty Office of the Archbishop of Canterbury. Focusing exclusively on legal advice to older people, the disabled, their carers and families. Non-means tested funding of care, Powers of Attorney and the Court of Protection, as well as the more traditional areas of inheritance tax, wills, probate and trusts.Turnover av £250k. Comprising probate 56%, POA/COP 21%, residential conveyancing 13%, Wills 8%, Notary 2%. No legal aid franchises held.  Not on any conveyancing panels. S1076

• West London practice details awaited. S1078​

• Birmingham.  £2.5 million turnover high street firm. Details will be released as soon as possible. S1081

• Hertfordshire. Sole Practitioner selling a Family Law law firm based in North West London. Last years turnover was £133k with net profit before tax of £66k. 2 Paralegals. No claims, liabilities loans or overdrafts. £3k PI premium. Rented premises. Referral and web business only. Price reduction to £60k. S1082

• East England. Law firm established for over 10 years. A virtually paperless firm who are well established and respected. 40% children, 20% residential conveyancing, 15% matrimonial and family, 10% probate and 10% wills and trusts. 9,000 wills held plus 1,000 unregistered deeds. The firm holds two legal aid contracts in Civil Matters and Family Matters. With 3 solicitors, 7 legal assistants and 3 administrators they hold a Specialist Quality Mark (SQM). The team are happy to stay but are looking to expand their management structure. S1083

• Peterborough. £600k turnover with £100k profit. Family Legal Aid Contract, Conveyancing, Wills & Probate (2,300 Wills), Civil Litigation and Commercial. Excellent Lexcel report. The Principal will remain for upto 2 years to ensure a smooth transition. S1093

• Ascot. Sole practitioner who wishes to merge with a firm of accountants to increase the range of value-add services which can be offered to both company's clients. S1094

• A UK registered untraded company without a banking licence, but which contains the word BANK within it's name. Registered prior to the ceasation of this word to be used in a company's name. £150,000. S1096.

• Portsmouth. Established in 1999 offering 14% commercial and corporate, 54% conveyancing, (sitting on 54 panels), 6% debt, 3% employment, 4% litigious, 10% wills and trusts and a mixed balance. Holding 1,850 wills and trusts. Turning over £2million with £22k net profit before tax. Current WIP £296k. 28 staff of which 14 are fee earners. S1098

• London Docklands. Combined non-regulated LLP and Ltd company. In 2018 the LLP recorded turnover of £219k and £87k profit before tax while the Ltd recorded £64k and PBT of £51k. Current WIP is £83k of which 50% is Commercial and Corporate, 20% e-Commerce and IT, 25% GDPR compliance, data protection and advisory while the 5% is non-contentious employment. Very low PI cover premium. Clients are broad based and come from a variety of industry sectors, such as data broking to franchises and online publishers. The companies will come complete including ecommerce website selling template, GDPR documentation and remote data protection officer services. S1100

• Dewsbury and London. Two live Family Law Contracts available at £15k each. S1102

• ​Kent. Sole Practitioner who has been in practice on his own account since October 1998, conducting personal injury and clinical negligence claims.  He is considering an exit strategy and the ideal way for him would be to find a firm that he can join as a Consultant, gradually handing over his case load and reducing his working days, with a view to retiring in 2-3 years. S1106

• North London. We have a modern property law firm for sale. They are a CLC accredited conveyancer and an ABS, and have been working to reinvent the process of buying or selling a house. They are on every panel except for Tesco, Metro, Leeds, TSB and Co-op. With 100% conveyancing they have WIP of £350k and draft turnover of £702k for last 12 months. They have developed proprietary technology, including a bespoke app for every customer, to enable house buyers and sellers to track the progress of their move at every stage. With dedicated specialists, no hidden fees, they have been able to develop these systems through loyal and significant investors. The founder and MD now wishes to take up a new challenge. Head of Legal works with 3 technical lawyers and 10 conveyancers supported by 4 telesales and admin staff, with 1/3 home based. Full remote working IT systems and monitoring in place. S1108

• North London. Six person law firm based in North London looking to merge and to further grow their CQS accredited property department. Specialising in residential and commercial conveyancing along with PI and medical negligence and housing disrepair. Turning over £620k with an NPBT of £141k and a WIP of £367k. They now seek a new partner to join them (an individual or firm) and drive the property department forward or indeed a full merger with a firm to undertake this advance. They are fully GDPR compliant. Their IT systems are fully up to date. They have proclaim and in-touch for conveyancing. Their conveyancing software is state of the art – it provides 24 hour updates to clients via an app. Its designed for a high flow of work. S1112

• ​North West. Retiring sole practitioner specialising in crime (95% of revenue) with legal aid contract seeks a buyer. The firm is based in the North West with 7 fee earners and 5 support turning over £650k with average net profit of 20% over last three years. The owner is particularly sensitive to confidentiality in this matter in respect of local competition and staff. Lexcel accredited. S1114

• Manchester. High street practice established in 1980 has come up for sale where the partners both wish to retire but one partner is happy to give a generous handover period. 70% mental health tribunal, children and welfare; 8% residential conveyancing; 16% matrimonial and family and 6% wills (200held), trusts and tax planning. Last audited at £131k and £43k profit before tax and growing steadily over the previous two years. 2 partners and 2 support staff. WIP £25k. They hold a current Family Legal Aid contract. SQA certified. S1115

• Manchester. Specialist Employment Tribunal Law Firm seeks a buyer / partner to support their growth and momentum. Established in August 2012 and became regulated by the MOJ in 2014. The firm became SRA regulated as an ABS in March 2019. 1 Barrister and 1 solicitor as partners and 4 +1 staff. Turning over £250k last year they will hit £477k this year with an operating profit of 47%. 126 live cases with an approximate value of £160k. S1116 

• Northern England. A branch of a well known Northern law firm, established for over 200 years, which is to be sold off. Based in Shropshire. The firm operates in company, commercial, employment, property, tenancy, dispute resolution, private client, agricultural probate and estate matters. There are two lawyers in place plus one fee earner, one lawyer would like to retire in about a year's time. The others will stay on together with two legal secretaries. Turnover £430k Profit £100k. Offered at £90k. S1120

• Norwich. Established in 2013 turning over £687k and producing an EBITDA of £179k, from 20% Notary public, 5% wills & probate 3% non-litigious, 69% residential conveyancing and 3% commercial conveyancing, with 23 staff, 14 of whom are fee sharers. They sit on 77 panels and have 12 satellite regional offices. The Head Office is based in Norwich. Assets include successful custom case management software in which they have invested £300,000, and a recently refurbished high street office with window frontage which they have purchased on a 999-year lease (no ground rent) valued at £300,000. WIP is estimated at £200k. CQS and ISO 9001. Offers invited for the whole in excess of £700,000. S1121

• B11056. A law firm with a retiring sole practitioner in or near Wolverhampton.  
• B11065. Acquisition of a law firm with a Family Legal Aid Contract.  
• B11075. Wanted immediately: A practice that specialises in property and has an established Estate Agency attached. Preferred location is in Yorkshire or adjoining counties. Alternatively an estate agency for sale in this area would be acceptable.
• B11075/2. A Crime Legal Aid Contract(s) within 20 miles of Bradford. Our Client is willing to buy the contract or the firm.
• B11091. A Buckinghamshire based law firm looking to acquire a Criminal Aid Contract anywhere in the UK. Offices facilities in the locale preferred.   
• B11098. Wanted a law firm for sale within 25 mile of Leicester.  
• B11107. A well established law firm based in Rochdale are looking to acquire firms, or WIP, in the arenas of Medical Injuries. Serious Injuries. And Industrial disease. 
• B11139. URGENTLY WANTED. Any law firm with Personal Injury WIP, or our client will buy the PI WIP alone.
• B11148. Law firm shell wanted with PI cover in place, anywhere in the UK.    
• B11150. Any law firm, big or small, based in the North East of England.     
• B11165. Wanted a UK based Claims Management Company.  
• B11176. TRAINING CONTRACT sought in the NORTH WEST for a bright young student. There are no charges associated with this introduction.  
• B11184. Wanted: looking for a Small/medium claimant PI practice in the North West, South West or South Wales.  
• B11195. We have a Canadian client who is looking to acquire an English or Welsh law firm that is both profitable and turning over between £2 - £5 million. The purpose of the acquisition is intended to lead to an IPO on the London Stock Exchange. The purchaser currently consists of two law firms with combined revenues of $5 million. The desired timeline is for a completion within a year.
• B11196. Wanted to acquire a general practice law firm based within reach of Stockton-on-Tees.  
• B11199. Wanted to acquire a law firm with a Criminal Aid Contract in Yorkshire and the North West.  
• B11204. An SRA lawyer looking to acquire a Conveyancing firm with CQS in Leeds.
• B11206. Experienced client with a law degree looking to buy or join an ABS to undertake a training contract and then acquire the whole. Brings a very large clientbase within the Midlands.
• B11207. Wanted: Sole practitioners or small law firms in the West Midlands area looking to retire or wind down to avoid run off costs.
• B11249. To purchase Personal Injury and Medical Negligence WIPs and aged debtors books.
• B11271. Wanted. A law firm in Wales, preferably operating from one office: Turnover £1m to £3m. Profit not important. Run off insurance paid if any directors/partners wish to retire. PI insurance not essential. No legal aid. Skillset required in order of preference (not all essential). A wills bank/ probate work - Conveyancing (commercial and residential) – Corporate - Agricultural law - Anything else specialistic; tax law, etc - Family law (private) – Litigation.

Law Firm Sales, Purchases and Valuations