Law Firms For Sale

We are constantly discussing the sale, purchase or the merger of legal practices and are actively building our portfolio of clients and interested parties.

 

To advertise here we charge an initial £500 + VAT and will then act on your behalf to find either the best fit or opportunity. 

 

The following may be of interest;

 

  • Croydon. Sole practitioner established in 2007 looking to convert to a limited company and sell his practice. He's willing to stay for a handover period as required. 90% Immigration plus family, criminal, residential and commercial conveyancing.  Turnover down slightly to £158k from £276k as a second partner is preparing to leave but profit up by 8% to 44%. Clean claims history. Asking price £90,000. S1061
  • Staffordshire. An ABS structured limited company, regulated by the FCA, established as an ABS in 2012 and SRA registered and approved. Based in Staffordshire. Private client. Estate & Tax planning. Wills and Trusts. Conveyancing. 4,000 Wills held. T/o £821,026 with net profit before tax of £206,933. 14 staff. S1059
  • Near Halifax. Practice turnover forecast at £200k circa, with £750,000 achieved in last 17 months. Highly profitable. Only solicitors in the village, situated in the centre. The owner will leave all furniture. Low overheads are low. A quick sale is sought. Asking price £70k. S1058
  • Birmingham. ABS practice with 35,000 Wills. Probate and Conveyancing, too. The Conveyancing is via the Council for Licenced Conveyancers. Average turnover of £500k. Offers beyond £1 million. S1057
  • Slough. Three Partners. Six staff. PI, Civil, Family, Immigration, Conveyancing, Housing, Notary, Wills and Probate. £780k turnover with £111k net profit. No borowings in the last 19 years. £200k WIP. Asking £350k. S1056.
  • West Lancashire. Conveyancing, Civil Lit, PI,Wills & Probate. Sole Practitioner with 7 staff. Turnover of £350k and Profit Before Tax of £45k. Current PI workload includes 103 PI cases including 7 large matters and one to the value of £10 million. Asking for £95k. S1055
  • West Yorkshire. Crime, Conveyancing, Wills & Probate firm. Founded in 1916. Currently have 1,000 Wills on file. Turnover of £159k with £71k net profit before tax to May 2017. Outsourcing the Cashiers role. Two partners will stay on, as required. There are an additional 3 staff. The sale will include the property on a freehold basis if wanted. S1052
  • Mayfair. High Court litigation practice. Sport, Entertainment, Technology & IP law. Specialise in dealing with high profile organisations. Revenue of £1.2 million over the last 3 years. Ideal foothold for advancement in Europe. The principal is happy to remain in a consultancy role and may be able to introduce fresh work to the firm at a later stage. Asking £1.5 million. S1051 
  • Suffolk Law Firm. Two directors and five staff. Current turnover of £225,000 and profit before tax of £70,000. Conveyancing (Residential & Commercial) plus Wills & Probate. QUICK SALE wanted, please. S1050
  • South West London. Litigation, Wills & Probate. Established in 2000. Current turnover of £135,000 and profit of £80,000. Part time assistant and accountant. Will consider selling, merging or offering the shell for a new start up. No tyre kickers, please. S1049
  • Bradford area. Sole Practitioner trading since 1984 wishes to retire. Conveyancing, Immigration and General litigation, plus Landlord & Tenant. Turnover of £250k. Avg Net profit before tax £60k. Wills bank of approx 700. 3 full time and 5 part time staff. No current marketing and relying solely on repeat business. Asking £90k.S1048
  • North London. Sole Practitioner looking to retire. Conveyancing (CQS registered) , Wills & Probate, Contract Law, Family, Professional negligence, Civil litigation. Turnover of £213,655 with NBT of £38k. Asking £80k. S1047. 
  • East Sussex. Profitable high street practice based in East Sussex is offered for sale due to ill health. 2016/17 turnover £280k. Average profit before tax and drawings of 44%. Asking £140k. S1034 
  • Newcastle upon Tyne. Private Client, Property, Litigation and General Practice. Turnover to June '16 was £414,440. WIP £70k. Twelve staff. Owner wishes to retire and will potentially remain on a consultancy basis. S1033.
  • South West London. Two Partner firm for Sale, Merger or possible ABS investment. Established in 2000. Specialist in French Conveyancing, Wills, Probate and Litigation. T/O of £136k with a net profit of  £81k. Forward thinking Company name. B2141
  • Wolverthampton. Criminal Practice. Just been awarded two Criminal Contracts. Currently have a turnover of £150k. Sub Contract with CPS. The Principal is happy to stay on as a Fee Sharer. Currently asking for £40k. S1038
  • Dagenham (East London). Commercial, Probate, Family. Member of Law Society Childrens' Panel. Converted to LLP in 2014. Expecting 15 - 20% growth in 2017. Asking £150k. S1028 

 

........... And we have investors seeking;

 

  • England. NASDAQ listed data company looking to spend seven figures on purchasing an ABS. B11071
  • Three qualified and practicing lawyers looking for a Law Firm Shell, preferably with PI specialism, in the London area. B2034/5 
  • General Law Practice in North London area required. Overseas buyer and qualified lawyer. B2040
  • Investment to be made into an ABS of between £500,0000 and £2,000,000. Solicitor and Barrister Chambers, no particular area of law a priority, although Family Law and Immigration would be of interest, Location should be London or the South East. B2107
 

As always we welcome Fee Sharing lawyers and currently have firms through out England & Wales looking for such individuals. 

 

Please contact myself, Jon, for further details via 0845 603 0708 or jon@nationalsolicitors.com or complete the form on the right and we'll call you back.

 

 

Jon Hilton

Director

Law Firm Sales

 

 

Past Opportunities

 

Stoke On Trent. Sole practitioner trading since 1962 wishes to retire. 50% conveyancing. 18% probate. 4% wills and 23% other including Family legal franchise. PI fees of £25k. Fees to March 2014 £388,838. WIP £85k est. 2 solicitors. 1 legal exec. 1 licensed conveyancer. 7 legal secs. No local competition. Mainly repeat business. 3,500 wills (not to be sold separately). Generous handover period (part-time). S1030

 

Manchester. High Street General practice. Established in 1994. CQS Partner to remain. 2015 t/o £428k & 2016 t/o £258k, due to Partners ill health. 3 Fee Fee sharers, Admin & Marketing person. Landlord, Immigration, Family, Wills, Probate, Litigation, Crime, Conveyancing. Ref; JHNP

 

Stoke On Trent. Sole practitioner trading since 1962 wishes to retire. 50% conveyancing. 18% probate. 4% wills and 23% other including Family legal franchise. PI fees of £25k. Fees to March 2014 £388,838. WIP £85k est. 2 solicitors. 1 legal exec. 1 licensed conveyancer. 7 legal secs. No local competition. Mainly repeat business. 3,500 wills (not to be sold separately). Generous handover period (part-time). S1030
 
Manchester. Personal Injury Practice. Profitable turnover £400k and justifiable growth this year of 25% to over £500k. 8 staff in total. For sale with or without premises. S1010
 
Birmingham. Practice looking to sell or merge. Current turnover of £1.3 million. Presently investing in high specification offices as a mechanism to develop the business. Hold Crime, Prison Law & Matrimonial Franchises. Areas of business are Crime, Residential & Commercial Conveyancing, Matrimonial, Litigation & Wills. S1013.
 
Employment Claims Management company for sale. Revenue £74k. NBT £24k. WIP of 50 cases. Average pipeline of 14 pm. S1014
 
North Wales. Specialist Conveyancing firm. Contact us for more information. S1017.
 
North West London. Crime practice. £760k turnover with 36% net margins. S1021.
 
North West England. Criminal Law Firm. Contact us for more information. S1020.
 
North West England. High St practice. Turnover £292k. S1023.
 
North West London. Family Law. Sole Practitioner. £100k WIP. No claims or liabilities. £3k PII premium. Generous handover period. T/O to April £115k & selling price of £80k. S1027.
 
North West London. Specialist immigration law firm. 12 yrs old (Ltd Co for 4 years). 2009 £250k - 2014 £400k. Current WIP £20k pm. 3,200 applications per year. 98% success. Mainly Hispanic, Brazilian and Portuguese. PI only £65 pm. 2 immigration lawyers. 1 paralegal and 1 admin assistant. Referral and Repeat business only. Owner wishes to retire. B2047
 
East London. Established 1980. 2 partner practice (1 retiring immediately, 1 in 3 years). Conveyancing, Probate (1000 Wills held), Family (Domestic Violence & Care Proceedings Legal Aid Contract). Members of the Law Society Children's Panel. Converted to LLP 1st Feb 2014. Expansion into Immigration. 2 Solicitors. 1 Asst Solicitor. 2 Legal Secretaries. 1 Practice manager. Turnover in the last 8 months approx £350,000. S1028
 
ABS based in East London and specialising in conveyancing is looking for an investor / new partner to replace a departing partner. There are currently two partners, two fee sharers and one receptionist. S1035
 
South West. Two offices. Strong agricultural clientele in addition to conveyancing and wills. The turnover last year is lower than normal because of a deliberate winding down by the Principal and a reduction in staff. Previously approx £200k pa. S1036
 

 

Lincolnshire sole practitioner. Established since 1850. Over 6,000 wills held. Turnover of £353,606. 7 staff (3 p/t, 2 to retire). Wills & probate make up 44%, Conveyancing is approx 21%, Commercial Law is 13%. The remainder is spread via a range of sources. S1037

 

South West London. High Street Law Practice. Established over 30 years. Contact us for more information.S1019.  Sold

 

Two office firm in the Blackpool area looking to sell. One office owned. The other leased. Mostly. Conveyancing & Probate work. Wills bank of 1,700. I shouldn't say this, slightly macabre, but the area is renowned for it's aging population. Looking at a purchase price of £115,000  Sold 

 

London Immigration firm...  Commercial (10%) & Immigration (90%) firm. Six full time staff including two business development managers. Turnover of approximately 900k. The Principal is prepared to act as a Consultant in the short term. London.  Sold  

 

Oldham, Greater Manchester, Conveyancing firm. 2 full time staff, 5 part time staff and the Principal. No SRA headaches. Turnover of £260k with £40k profit (nearly double that in the current financial year). The breakdown being 63% residentialconveyancing, 11% commercial conveyancing. Family matters, Wills & Probate and Private Client making up the residual. Wills bank of 2,500. Established over 25 years.... May consider taking on a Partner or a Merger.  Sold   

 

London Solicitors firm, Brixton SW9, looking for either a new Partner to join the business or a purchaser. Current turnover approximately £85 to £100k. Housing, Criminal, Prison Law & Mental Health franchises. Established since 1999. 



Get in touch with your query or requirements
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Jon Hilton

Marketing for Solicitors


We are simply a branding and online marketing solution for solicitors. One that emphasises a firms strengths and provides clients with the reassurance you're part of a Nationwide network.

 

Additionally we can help with Buying & Selling Law Firms, Case Management Software, Fee Sharing, Legal Cashiers, Property Searches, Recruitment & provide PII Quotes... We're a mechanism to help law firms, and solicitors, focus on fee earning. Simple.

Contact
Legal Brokers Ltd,
The Old Police Station,
1 Turton Rd,
Tottington,
Bury,
BL8 4AW.


0845 603 0708