Buy a Solicitors Practice

We charge £500 + VAT for firms to advertise here. ie. looking to buy, sell or merge. We will also discreetly use our database, on your behalf, to see whether we can "tie deals together".

 

Alternatively if you're an individual looking to set up a legal Practice you might want to consider our National Solicitors "network" and fee share.

 

The branding would be, "Your Name, National Solicitors". We'll provide the infrastructure, PII cover, Compliance Support, Cashiers. You fee earn. Simple. www.NationalSolicitors.com

 

Stop Press

 

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

 

South Yorkshire Criminal practice (Doncaster 'ish area). Turnover approx £1 million pa. Will consider a sale, merger or external investment.  Principal retiring due to ill health but will remain as a consultant if required. Very affable gent. 

 

West Midlands / Warwickshire law firm. Crime (55%), Family (25%), Residential conveyancing (10%). Turnover of approximately £600k. The Principal is looking to sell but may stay on as a Consultant. A merger might be considered.  

 

Surrey firm specialising in corporate and commercial law. Possess a nationwide client base but with the majority of clients in London and the South East. Meeting rooms in Harley St. Two partners. The business has been trading over 15 years. Approximately 10 staff. No o/s indemnity claims. £1 million turnover. 

 

Birmingham Practice looking to sell or merge. Current turnover of £1.3 million. Presently investing in high spec' 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.

 

London law firm (Greenwich area) with Crime, Family and Housing Franchises. Turnover of £200k. 2.5 fee earners. Looking to sell immediately (December 2012). Excellent opportunity. Great platform to develop work in Central London. We also need a 3 year PQE solicitor, too. Ideally seeking £110k to purchase. 

 

London Practice. 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, WC1. Sold March 2013

 

Conveyancing firm. Oldham, Greater Manchester. 2 full time staff and 5 part timers. No SRA issues. Last years turnover was £260k with £40k in profit (the current year is nearly double that). 63% residential conveyancing. 11% commercial conveyancing. Family, Wills & Probate and Private Client making up the rest. Wills bank of 2,500. Established over 25 years. Looking to sell may take a Partner or consider a merger.... Sold January 2013

 

 

Please contact us for further details.

 

Past Opportunities  

 

• 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.  

• London/Peterborough based law firm looking to acquire/merge with another firm in a major city... ideally London, Birmingham, Leeds, Manchester or Liverpool with a turnover in the region of £0.5m - £2m. They have a strong infrastructure and clients that can be introduced. May also be able to financially assist the exit of partners if required. Currently focus on property and litigation work but have departments in several other areas of law.  

• Watford firm closing it's doors. Very cheap PI costs. Established 3 years. Principal looking to act as a consultant. Very good brand. Essentially a shell through which another lawyer could hit the ground running. Will consider offers.

• Barnsley Mortgage Broker, with 6 advisors, wants to invest in a small conveyancing practice with the intent to grow the brand and develop Conveyancing and Wills & Probate work. Currently refers 50 plus cases to local firms.    

• Manchester, top 30, law firm looking to buy personal injury and or conveyancing firms in the Northwest or London areas. The firms should be turning over from £1 to £3 million pa at this point.   

• Proactive Manchester practice looking for firms, or sole practitioners, to merge with in the Family & Crime areas of the law. Various options considered. Turnover upto the million mark. In essence we're working with a young Managing Partner who's keen to grow a brand presence in the North West. 

• Young lady, with Law Degree, looking to purchase or buy into a practice for approximately £80,000. Ideally in the Derby or Birmingham areas. Ideally wants to specialise in Family law. Will consider various options and scenarios.

• Australian firm looking to purchase a Debt Recovery practice. Ideally the firm will be turning over £1 - 2 million at present. The outline plan is to discreetly develop a nationwide brand. The parent company has a turnover of $2 billion and would be described as a serious player. They're looking to tie something together this year. Proactive, forward thinking, solicitors needed please. 

• Successful businessman, former lawyer, with office space in his Harrow location looking to invest in / buy a small practice and fee share. He wishes to act as Practice Manager and work on strategy, business development and marketing in order to grow the firm.

• Sole Practitioner in Central London looking to expand, in conjunction with an existing Law Firm or solicitor, by setting up a new entity. 

• Northwest Law Firm looking to purchase a firm in either Yorkshire or London currently turning over in excess of £1million. The turnover and size are more important than the areas of law covered. 

• London Criminal & Fraud firm, turning over £2 million pa, looking to either sell or buy. 

• Firm looking to purchase in the Camberley, Surrey, London areas. The turnover levels to be considered are around the £1million mark. Would like a broad range of income types. ie. Residential, Litigation, Probate etc

Additionally if you're looking to the future and are interested in joining our merry band of Associates (under the banner National Solicitors www.NationalSolicitors.com ) please let us know. We offer;

1. Details on acquisitions and mergers to help expand your brand or secure your position.
2. Updates on ABS developments and external opportunities.
3. Group purchasing power.
4. Online branding to rival the Quality Solicitors offering and enhance you're existing profile. 
5. We'll create a marketing website specific to your location & services increasing your online profile.  
6. A MOJ approved client contact campaign to raise the profile of your firm locally.
7. Any future LBL franchisees will be asked to use yourselves.
8. Support with Lenders Panels & sourcing PI cover.   
9. Remote Cashiers support.

If this is of interest please contact myself, Jon Hilton, on 0845 603 0708 or via jon.hilton@legalbrokers.co.uk  

 

Furthermore you might be interested, via one of our associated companies, in the following Solicitors' Practices;

[1] A Two Partner Solicitors' Practice with two offices in Suffolk. The Principal is looking to retire and would be interested in selling the Practice as a going concern with at least one of the Partners being prepared and willing to remain after disposal. Turnover for the current year is in the region of £630K. The breakdown of the work is Residential Conveyancing [35%], Commercial Property [15%], Employment [3%], Wills, Trust + Probate [33%], Matrimonial [12%] and General Litigation [2%]. Apart from the two Partners, there are three fee earners, plus 9 full time and 6 part time support staff. The Practice operates from two offices both of which are owned by The Principal with a value of around £620K which The Principal would be willing to sell or lease as part of the disposal of the Practice. This practice holds a matrimonial legal aid franchise for both offices and has no significant claims with respect to professional indemnity insurance.

[2] A Sole Practitioners Solicitors' Practice with an office in a suburb of Birmingham, about 2½ - 3 miles from the city centre. The Principal is looking to retire and would be interested in selling the Practice as a going concern although he might be willing to remain after disposal for a short time to smooth the transition. Turnover for the current year is in the region of £75-£80K. The breakdown of the work is Residential Conveyancing [45%], Commercial Property [25%], Wills, Trust + Probate [27%] and Swearing Oaths/Affidavits [3%]. Apart from the Principal, there are 2 full time and 2 part time support staff. The Practice operates from leased offices in a densely populated, highly multi-ethnic and multi-cultural part of Birmingham. Established in 1976, the Practice has been managed by the present principal since 1983. This practice does not hold any legal aid franchises and has no claims with respect to professional indemnity insurance.

[3] A Solicitors' Practice based in the KT postcode area of Surrey. This is an unusual opportunity as it is the "stand-alone" private client division of a Commercial Practice based in London, WC1. The Principal is looking to dispose of the private client part of the Practice so that he can concentrate on expanding the commercial side of his business. Turnover for the current year is in the region of £1,000,000. The breakdown of the work is Residential Conveyancing [16%], Wills, Trust + Probate [16%] Civil Litigation [29%], Private Matrimonial [20%] and Legally Aided Matrimonial [19%]. There are eight full time fee earners, four secretaries, two accounts clerks and one receptionist. The Practice operates from about 3,000 sq. ft. of leased office space on the main road through an affluent Surrey village within the M25 which has a regular train service to London. It is also the only Practice in the village. However, this Practice is in an unusual position in that the lease could be terminated on a months' notice. Although there are excellent office facilities nearby, this offers the opportunity to relocate the Practice to another location or within another existing Practice without any property related penalties. This practice holds a matrimonial/family/children legal aid franchises and has no claims with respect to professional indemnity insurance.

[4] A Sole Practitioner Solicitors' Practice based in the CT postcode area of Thanet, N E Kent. The Principal is looking to dispose of his Practice as well as the freehold of the offices which he also owns in order to retire. Turnover for the current year is in the region of £62,000. The breakdown of the work is Residential Conveyancing [23%], Wills, Trust + Probate [50%] Commercial Property [7%], Private Matrimonial [15%], General Commercial [2%] and miscellaneous [3%]. There are is one part time secretary/receptionist but no other fee earners. The Practice operates from freehold offices of about 1,110 sq. ft. of office space on the main road through an affluent N E Kent town which has a regular train service to London. It is also the only Practice in the town. This practice does not hold any legal aid franchises and has no claims with respect to professional indemnity insurance.

[5] A Three Partner Solicitors' Practice based in the RH postcode area of West Sussex. The Principal is looking to dispose of his Practice as he plans to retire but would be willing to consider remaining after disposal to smooth the transition. Turnover for the current year is in the region of £400,000. The breakdown of the work is Residential Conveyancing [14%], Wills, Trust + Probate [79%], Commercial Property [3%] and Employment [4%]. In addition to the three Partners, there are three other fee earners, one self-employed consultant plus four full time equivalent support staff. The Practice operates from offices of about 1,900 sq. ft. of office space on a main road through an affluent West Sussex town which has a regular train service to London. Although the Practice has occupied their offices for a number of years, a lease has never been signed and so there would be an opportunity for a potential acquirer to transfer the offices to another location without any significant property related costs. This practice does not hold any legal aid franchises and has no claims with respect to professional indemnity insurance.

 

[6] We are delighted to have been retained by a Sole Practitioner Solicitors' Practice based in the CM postcode area of Mid Essex. The Principal is looking to dispose of her Practice as she plans to retire although she would be willing to remain after disposal for a short while to smooth the transition. Turnover for the current year is in the region of £150,000. The breakdown of the work is Residential Conveyancing [41%], Wills, Trust + Probate [47%], Commercial Property [3%], Private Matrimonial [5%], General Commercial [1%] and miscellaneous [3%]. In addition to the Principal, there are two part time support staff and three part time fee earners. The Practice operates from leasehold offices on the main road through an affluent mid Essex town which has a regular train service connecting to London. It is also the only Practice in the town. The town has a population of about 10,000 people, although it is a short distance to Colchester, Chelmsford, Southend, Billericay and Wickford. This practice does not hold any legal aid franchises and has no claims with respect to professional indemnity insurance. We believe this Practice would be of interest to Practices who would like to expand their exposure to private client work in the mid Essex area. We also anticipate enquiries from Firms in the provinces interested in expanding into Essex and would like to use this Practice as a platform to build an exposure to the lucrative legal environment of the aforementioned Essex towns. This practice would also be ideal for an individual looking to start up their first practice as this would be a fantastic opportunity for someone with a little energy and enthusiasm.

 

Email for more information.

 

Additionally you might be interested in;

 

• Solicitors' Practice in North Wales seeks merger.
• Two Partner Mid Essex Litigation Practice for Sale
• Pratice for Sale – TA Postcode area of Somerset
• Solicitors' Practice On The Berkshire/Surrey Borders Seeks Potential Merger
• Solicitors Practice for Sale - NE Postcode area
• Practice for Sale with offices in Leicestershire and Warwickshire
• Practice for Sale - Uxbridge Postcode area
• Conveyancing Practice for Sale - South East Essex
• Practice for Sale in the "LL" Postcode area of North Wales
• Practice for Sale in the "EN" Postcode area of Middlesex
• North London Practice For Sale
• High Street Solicitors' Practice for Sale - "TN" Postcode Area
• Solicitors' Practice for Sale - North West London
• High Street Solicitors' Practice for Sale - Essex / Thames Estuary
• Small North Bristol Practice interested in a merger or possible sale
• For Sale - Sole Practitioner, two office practice - Greater Manchester, North Cheshire
• Practice for Sale - Huyton, Liverpool

For details on any of the above, just call on 0845 603 0708 or email jon.hilton@legalbrokers.co.uk.

 

If you'd like to discuss promoting your firm, as a saleable item, or our inventory of solicitors firms for sale please don't hesitate to get in touch. 

 

Cheers

 

Jon