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 for making introductions for the sale, purchase or merger of a law firm. 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.
|15051610||England||Specialist Elderly Client Practice. Small law firm based in England with owner looking to retire. Clean break or consultancy possible, well established, strong local links generating work. Bolt on, office expansion or new area of law all very suitable options.|
|25061553||West Yorkshire||Licensed conveyancer looking to sell or merge practice. Willing to stay on for 12 months if needs be. The practice is the only one in the town so good opportunity to capture more business.|
|29061244||Farnborough, Hampshire||Solicitors firm interested in potentially selling their criminal legal aid contract or a partnership with someone running department.|
|29061141||West London/Middlesex||Licensed conveyancer practice, 2 partners, one looking to retire, the other not wanting sole responsibility. Remaining partner happy to stay on and work with buyer for smooth handover. 20 years established, £300k turnover and repeat business.|
|2071700||London||Claims Management Company|
|28061029||Ashford, Kent||Small general litigation and housing practice looking to sell.|
|28062018||London, EC1V||Small employment law practice with website - very few clients - value in website and set up only|
|26061104||Kingston-upon-Thames, Surrey||Conveyancing firm in Surrey looking to sell. Ballpark figure £95k.|
|16061139||Lincolnshire||High street practice in North Lincolnshire looking for sale. Involves TUPE of existing staff. Medium size for the area.|
|11041123||London||Solicitors firm based in London SE18 looking for a sale. Specialist Legal Aid practice with contract in crime.|
|15121008||Newport, Gwent||Conveyancing and Wills & Probate Solicitors Firm based in Newport, Gwent, looking to sell, merge or bolt on.|
|14121146||West Midlands||Immigration firm - smaller sized - looking for a sale. West Midlands based. Happy to stay on as a consultant. Sole practitioner.|
|21090941||Leicester||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.|
|19101402||BVI||BVI law firm with licence for sale or rent or merger etc… $80,000 per annum or thereabouts.|
|15111344||Harrow||General practice with 2 offices in Middlesex looking for a sale. Medium sized practice. £400k turnover.|
Buyers Looking to Purchase Law Firms
|Ref||Location of Buyer||Type of Firm||Instructions||Geographical Areas|
|27061009||Blackburn||PI or Immigration||We are looking to purchase RTA WIP in particular serious injury work. We are looking to buy law firms in the Lancashire/ Yorkshire in particular those that have a PI caseload. We are also looking to set up an immigration department.||Yorkshire or Lancashire|
|23062124||London||Crime firm or contract||looking to purchase a law firm with a crime contract with a view to relocating it to London in the longer term||London|
|29060857||Glasgow||Small high street practice||Looking to purchase a law firm in Glasgow, Scotland. Small practice sought that they can expand and for a partner or director to stay on.||Glasgow|
|28061035||Manchester||Small high street anticipated||Looking for law firms generally for sale. Low level likely.||Manchester or London|
|22061133||London||Not clear||Looking at law firms in and around London and offshore.||London|
|21061225||Sutton Coldfield||Small high street practice||Looking to purchase a small law firm in the Midlands for his son.||Midlands|
|7030955||Conveyancing practices||Solicitors firm looking to expand into London and purchase conveyancing practices ideally in or around Tower Hamlets, Greenwich or Hackney. Other areas considered.||London|
|19041111||Kent||Wills & Probate firm||Two solicitors looking to buy or buy into a law firm in Bexleyheath, Medway, Sidcup or North Kent specifically with a good amount of wills & probate work.||Kent|
|19040901||London||Conveyancing, Immigration or Litigation firm||Investor looking to purchase immigration, litigation or conveyancing firms around London or Essex.||London, Essex|
|10041537||Oxfordshire, Buckinghamshire, Northamptonshire and Warwickshire||All firms||Looking to get details of any firms for sale in these geographical areas.||Oxfordshire, Northamptonshire, Warwickshire or Buckinghamshire|
|16021643||Cardiff||Conveyancing||Small practice looking to purchase conveyancing firms in and around Cardiff and the M4 corridor to London||Cardiff, Wiltshire, Berkshire, Gloucestershire|
|24081517||Will Banks||Financial Advisers looking to purchase will banks.||Anywhere|
|5071745||London, Ilford||Looking to buy a law firm based in central London or Ilford, but any practice that can be moved to Central London or Ilford.||Greater London|
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