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;

• Shresbury. Three directors. Turnover £604k with profit before tax of £110k. Landlord & Tenant. Commercial & Residential conveyancing. Has CQS and on 50 panels. PI, Medical negligence, Company and Commercial matters. 1 full time, 2 fee earners and 2 administrators. S1062

• 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 £75,000. 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