No Sale, No Fee and no Upfront Fees
We offer a unique approach to buying, selling and merging law firms. TP Recruitment Limited charges no upfront fees at all for making introductions for the sale, purchase or merger of a law firm – our fees apply only when a successful transaction occurs. The buying party contracts with us to pay a success fee dependent on the size of the business. The seller pays no fee and there are no charges unless a successful deal occurs. We are business brokers (as well as recruitment consultants) and have been working with law firms for a number of years.
There are very few professional services available to assist solicitors in buying, selling and merging law firms at a reasonable rate and on a no-sale no-fee basis. One professional law firm consultant charges £2,500 + VAT simply to consider your sale or merger before even progressing to advertising it – and then charges a percentage fee on top if successful. We think this is unfair and unnecessary – you don’t pay an estate agent to sell your house before she has found you any buyers.. Why pay a business broker?
- Sale of a Sole Practitioner High Street Solicitors’ Firm in North Lincolnshire,
- Sale of a small High Street Solicitors’ Firm in Stoke on Trent,
- Sale and Transfer of Staff in a Personal Injury Practice in Manchester.
Valuations are best done by your accountants when anyone is ready to consider purchasing your firm, but usually it is a fairly straightforward process – turnover, net profit, number and type of ongoing files and value of assets including will banks. The price anyone else will pay varies widely according to the practice in question.. – the location, the assets, the types of law covered, the number of staff etc..
Drop us an email in the first instance – what have you got to lose?
NB: if you don’t want to identify your firm simply email us from a gmail or hotmail account (or similar). We can advertise your sale or purchase proposal to over 10,000 law firms and add you to our regular updates.
The procedure is as follows:
- All parties sign confidentiality undertakings.
- We agree terms with the buyer.
- The buyer is provided with further information about the practice for sale.
- The parties meet or speak about plans and proposals. These can be as wide as the partners of the selling firm joining the buyer’s practice or the selling partners accepting a lump sum in cash to exit the business.
- A deal is reached. The buyer pays us an introduction fee. This varies according to the sale/purchase in question.
Law Firms Wanted and For Sale
Ref 10031927 Small firm based in Kent looking to purchase work in progress files for litigation, family, personal injury and private client. Will consider all locations.
Ref 07030956 General practice law firm based in the regions looking to establish a London presence and take over a high street general practice in one of the London boroughs of Tower Hamlets, Greenwich or Hackney ideally, but similarly open to good opportunities elsewhere in the city. Conveyancing focus sought.
Ref 06031052 Investors looking to buy into a solicitors firm in the North Kent/Medway/Sidcup/Bexleyheath areas. General practice.
Ref 26021544 Solicitors firm looking to purchase a Conveyancing practice in Cardiff, Bristol or along the M4 corridor.
Ref 17011435 Conveyancing Solicitors Firm based in Greater London looking to explore options for sale.
Ref 15111344 Well established high street law firm with 2 offices in Middlesex looking to take on a partner, sell or merge due to retirement of partners. The practice undertakes family work, conveyancing and probate. 40% family and children work, 20% conveyancing and 35% probate and estate management. Longstanding leasehold premises available.
Ref 19101402 BVI law firm with licence for sale or rent or merger etc… $80,000 per annum or thereabouts. Particularly topical following the recent Panorama investigation!
Ref 25101117 Birmingham law firm – immigration and family law looking for a merger, particularly with a larger practice if possible.
Ref 06111648 Reading firm looking to buy or merge with other practices. Happy to look at options. Smaller sized high street firms likely.
Ref 21090941 Leicester law firm looking for a sale. Sole practitioner, £150k turnover. General practice firm undertaking 50/50 contentious/non-contentious split including Conveyancing, Family and Immigration, well established.
Ref 20092238 West Midlands law firm looking to buy up small practices and sole practitioners in the area. Funds in place to expand.
Ref 08061231 Buyer looking to purchase will banks in London and Home Counties.
Ref 04071347 Buyer looking to purchase a solicitors firm with a crime or family legal aid contract in Beds, Bucks, Northants or Herts.
Ref 16101224 Buyers x 2 interested in Manchester based law firms looking to merge/sell.
NB: We undertake our work buying and selling law firms via our related company TP Recruitment Limited, which also operates www.tenpercentfinancial.co.uk
TP Recruitment Limited
27 Old Gloucester Street
T: 0800 246 5016
TP Recruitment Limited
TP Recruitment Limited, registered in England and Wales, reg. no. 10750269. Registered under the Data Protection Act. Part of the Ten Percent Group of websites: www.tenpercentgroup.com