Law firms for sale
Virtual Law Firm – Practice for sale
The firm has 11 years of trading history, a clean PI claims policy, no company debt and no issues with the SRA. There is a fully operational website in place. The firm employs a document management system to oversee all active cases, meaning a transition could be relatively straightforward.
The bulk of the firm’s revenue comes from private client work. The firm holds a small number of Wills, LPAs, Declarations of Trusts and Deeds. Over the last few years annual turnover has ranged from £30,000 to £40,000. Additional marketing could increase turnover substantially.
We believe this would be an ideal opportunity for an individual looking to start up their own first practice. The sole owner wishes to retire, although they are prepared to discuss proposals to assist with a smooth transition.
South West London – Practice for sale
Turnover for the last few two years has been in excess of £1m.
The bulk of the firm’s revenue is generated from residential property transactions (85.5%), landlord & tenant & lease extensions (8%) , probate (3%) and wills & lasting powers of attorney (3.5%).
The practice holds excess of 600 wills.
No litigation or legal aid work is undertaken.
The offices are within a 10 minute walk of three train stations.
MK Postcode area – Practice for sale
Turnover for the last few years has been circa £150,000.
The bulk of the firm’s revenue is generated from wills/probate (69%) and residential conveyancing (19%).
The practice holds a very valuable will bank with around 4,500 wills being stored.
No litigation or legal aid work is undertaken.
This practice is within 30 minutes of Milton Keynes, Northampton, and one hour from both Cambridge, and Watford.