Law Firms for Sale – January 12th 2021 Update
in Law Firm Sales

Law Firms for Sale – January 12th 2021 Update

New instructions for the New Year as follows:

Ref 100221 – National Conveyancing Law Firm

Cardiff based but national solicitors’ firm looking for a sale. CQS accredited practice with full lender panel membership, Turnover c£120-140k, sources of work from referrers – local, national and international, owner can remain as consultant if required. 50% residential conveyancing, 40% commercial property and 10% wills & probate. No premises. Fully mobile.

Ref 100220 – London Law Firm – Shell

Solicitors’ Firm looking for a sale as a shell. SRA regulated practice, turnover c.£30k. No staff, no premises, one client with an office abroad, and a variety of requirements ie litigation, property etc. Also provides the firm with introductions to their clients. Seller also happy to forward on client referrals once the sale is complete. Full and clean claims history.

Ref 100219 – CLC Conveyancing Firm – North West England

North West England CLC Licensed Conveyancers (Limited Company structure) looking for a sale, merger or buy in. Turnover c.£500k. TUPE – team of conveyancers, support staff and an office manager. Full & extensive lender panel membership. Referral agreements in place with estate agents with a national client base. Well established firm – mainly residential caseload but the firm also undertakes commercial property work. Premises available for lease or sale. Seller happy to remain for some time if needed.

Amended Sale Particulars 2021

Ref 100218

Well established Lancashire based Solicitors’ Firm looking for a sale, merger or buy in. Turnover c.£400k. One partner looking to retire, the other to remain as a consultant. Small, well run practice with small staff for TUPE. Good claims history. Mix of Personal Injury work (75%), Conveyancing, Private Client and other (25%). National and local clients. Low PII premium. Firm is on selected lenders’ panels.

Ref 100212 Small Manchester Litigation Firm

Manchester based Personal Injury and Immigration Solicitors’ Firm looking for a quick sale ideally. Turnover c.£65k per annum, high profit margins. WIP plus office fittings c£30k. 70% Personal Injury, 25% Immigration. Partners looking to sell due to illness. Claims free firm. Owner not looking to remain involved.

Ref 100201 CLC Conveyancing and Private Client Firm in Surrey

CLC licensed law firm based in Surrey looking for a sale due to retirement. Owner happy to stay on in short term for smooth handover. Turnover c£400k, profit £140k. Small team for TUPE, clients mainly from referrals (no paid) or repeat business. Database of 6,000+ clients, 4,000 will bank. Clients located mainly in Surrey, Hampshire and Berkshire. Work types are Residential Conveyancing, Wills & Probate and some Commercial Property matters.

Ref 100197 Dublin Law Firm for Sale

Well established Dublin solicitors’ firm for sale. Sole practitioner looking to sell a profitable practice with onsite car parking situated in close proximity to the courts and the airport.  Leasehold premises (long term lease available). General practice firm with external consultants handling work as required. Turnover c€300-400k with a profit margin of c.40-50%. Areas of law include Probate & Estates, Conveyancing, Litigation, Commercial, Landlord and Tenant and Family. Excellent location without local competition. Lots of goodwill, no marketing needed at present – the firm have to turn work away. Significant potential to grow the business and expand. Client sources are referrals, auctioneers and other professional contacts. Mainly local clients but some national and international work as well. Large will bank. Owner looking to pursue other interests.

Interested? Get in touch with us – 01824 780937 or email cv@ten-percent.co.uk.

Jonathan Fagan

Jonathan Fagan LLM FIRP is Managing Director of Ten-Percent Legal Recruitment. He has been recruiting solicitors and legal support staff for law firms and in house legal departments for over 17 years and handles roles from junior fee earners through to partners and law firm sales/purchases. A non-practising solicitor on the Roll since 2000, he is also the author of a number of legal career books, which are available at www.legalcareercoaching.co.uk. You can contact Jonathan at cv@ten-percent.co.uk