UK Legal Recruitment Consultants

Buy or Sell a Solicitors Practice

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Solicitors for sale - buy and sell solicitors firms
TP Recruitment – the low risk option for buying and selling solicitors firms.

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?

Recent Deals:
  • 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:

  1. All parties sign confidentiality undertakings.
  2. We agree terms with the buyer.
  3. The buyer is provided with further information about the practice for sale.
  4. 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.
  5. A deal is reached. The buyer pays us an introduction fee. This varies according to the sale/purchase in question.

Current Opportunities:

RefLocationInstructions
15051610EnglandSpecialist 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.
25061553West YorkshireLicensed 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.
29061244Farnborough, HampshireSolicitors firm interested in potentially selling their criminal legal aid contract or a partnership with someone running department.
29061141West London/MiddlesexLicensed 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.
2071700LondonClaims Management Company
28061029Ashford, KentSmall general litigation and housing practice looking to sell.
28062018London, EC1VSmall employment law practice with website - very few clients - value in website and set up only
26061104Kingston-upon-Thames, SurreyConveyancing firm in Surrey looking to sell. Ballpark figure £95k.
16061139LincolnshireHigh street practice in North Lincolnshire looking for sale. Involves TUPE of existing staff. Medium size for the area.
11041123LondonSolicitors firm based in London SE18 looking for a sale. Specialist Legal Aid practice with contract in crime.
15121008Newport, GwentConveyancing and Wills & Probate Solicitors Firm based in Newport, Gwent, looking to sell, merge or bolt on.
14121146West MidlandsImmigration firm - smaller sized - looking for a sale. West Midlands based. Happy to stay on as a consultant. Sole practitioner.
21090941LeicesterLeicester 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.
19101402BVIBVI law firm with licence for sale or rent or merger etc… $80,000 per annum or thereabouts.
15111344HarrowGeneral practice with 2 offices in Middlesex looking for a sale. Medium sized practice. £400k turnover.

Buyers Looking to Purchase Law Firms

RefLocation of BuyerType of FirmInstructionsGeographical Areas
27061009BlackburnPI 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
23062124LondonCrime firm or contractlooking to purchase a law firm with a crime contract with a view to relocating it to London in the longer termLondon
29060857GlasgowSmall high street practiceLooking 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
28061035ManchesterSmall high street anticipatedLooking for law firms generally for sale. Low level likely. Manchester or London
22061133LondonNot clearLooking at law firms in and around London and offshore. London
21061225Sutton ColdfieldSmall high street practiceLooking to purchase a small law firm in the Midlands for his son.Midlands
7030955Conveyancing practicesSolicitors firm looking to expand into London and purchase conveyancing practices ideally in or around Tower Hamlets, Greenwich or Hackney. Other areas considered. London
19041111KentWills & Probate firmTwo 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
19040901LondonConveyancing, Immigration or Litigation firmInvestor looking to purchase immigration, litigation or conveyancing firms around London or Essex.London, Essex
10041537Oxfordshire, Buckinghamshire, Northamptonshire and WarwickshireAll firmsLooking to get details of any firms for sale in these geographical areas. Oxfordshire, Northamptonshire, Warwickshire or Buckinghamshire
16021643CardiffConveyancingSmall practice looking to purchase conveyancing firms in and around Cardiff and the M4 corridor to LondonCardiff, Wiltshire, Berkshire, Gloucestershire
24081517Will BanksFinancial Advisers looking to purchase will banks.Anywhere
5071745London, IlfordLooking 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

London Office
TP Recruitment Limited
27 Old Gloucester Street
London
WC1N 3AX

T: 0800 246 5016

Head Office
TP Recruitment Limited
Ty Brith
Llandegla Road
Mold
CH7 4QX

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