Firms for sale

Here is a listing of the current firms we have for sale:

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Long established Law Costs practice for sale (Hampshire) due to planned retirement.

Gross fees c. £100K. Considerable scope to increase fees to previous much higher level. 

Current Principal would be prepared to act as a liaison to smooth things along to enable buyer to establish their own relationships with the clients.

No lease or property commitments so this would enable a purchaser to move the offices to another geographical location without any lease termination issues or dilapidation concerns.

For more information, email solicitorsupermarketbiz@gmail.com quoting “Hampshire Law Costs practice”.

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Law firm-shell for sale. Directorship and 40% shareholding and your own fee share negotiable with co-director – keep up to 100% with a contribution towards expenses only.

Indemnity insurance paid until December 2021, SRA fees paid until October 2021. No liabilities. 

The firm is currently trading out of premises based in London W2, one of the directors/shareholders is leaving and the remaining director/shareholder is a practising barrister and silent partner and the candidate with become a partner with the latter. 

We are happy to introduce you to our current landlord and you can take as little as 1 office suite in the serviced offices, although we currently occupy 2 double suites, and 2 general site suites. Alternatively, you can trade from any location of your choice-we have already given notice to our landlord that we are leaving. 

This position is suitable for somebody who is willing to negotiate with the existing silent partner/director shareholder in terms of a fee share. It is suitable for somebody with an existing caseload. Please note that no cases will remain. 

The position is open immediately, the right candidate can start practicing immediately. 

In terms of indemnity insurance going forward, the candidate will need to have at least 5 years PQE in order to suit the profile the insurers are seeking. The renewal premium was about about £5k in 2019 and about £10k in 2020 (due to the pandemic – hopefully when the pandemic is over the market will revert back to the 2019 premium) The candidate will also need to take on the role of COLP and COFA. 

A modest premium is requested to reflect the insurance premium and SRA fees we have paid in advance. The outgoing director has signed a personal guarantee with regards to the renewal premium due December 2021 in case the firm were to cease practicing. The incoming director needs to take over the personal guarantee.

For more information, email solicitorsupermarketbiz@gmail.com quoting “W2 Shell”.

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This is a well-established LTD Solicitors’ Practice based in Liverpool City Centre. 

This Practice is based close to the Pier Head, Birkenhead Tunnel as well as being just a few minutes’ walk from James Street and Moorfields Merseyrail stations. 

The firm occupies offices on a lease that expires mid-2022. 

Apart from the principal share-holder, there is one minority shareholder Director, 14 fee earners and 2 support staff. 

Turnover in the last financial year was around £1.3M with a similar amount of WIP. There is significant potential for any purchaser to develop the practice and increase turnover considerably. 

Residential Conveyancing comprises 40% of turnover, family work accounts for 8%, commercial property 5%, immigration of 2%, 25% of P I work, [mainly RTA] plus 20% of housing disrepair work. In a major city centre economy, there is phenomenal opportunities for growth. 

This firm does not hold any legal aid franchises but is on all the major conveyancing panels and holds CQS accreditation. 

Another major benefit is that the firm has a solid IT infrastructure using proclaim throughout with 20 user licences. 

This Practice would be ideal for one or two individuals who are looking to start up their own first practice. We believe this Practice would also be of interest to Practices in the Provinces who would like to expand their exposure to legal work in Liverpool and the surrounding Merseyside region.

For more information, email solicitorsupermarketbiz@gmail.com quoting “Liverpool City Centre”.

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This is a thriving, well-established Sole Practitioner High Street Solicitor’s Practice, located in a small town in Oxfordshire, with a significant client base developed over more than 20 years.  There is a close relationship between the practice and local families, as well as with local estate agents, financial advisers and other businesses.

The principal wants to retire but would be happy to remain with the firm to assist with transition, on terms to be discussed.

Turnover is £200,000 – £225,000 a year. There is scope for the conveyancing work to be built up, and the probate work is increasing year by year. Apart from a substantial local client base, many clients who have moved away come back for repeat work over the years. There are over 1,000 wills held, as well as powers of attorney and deeds.

The firm’s revenue is generated from Conveyancing (including some commercial work) – 40% Wills, Trusts and Probate – 25% and Family Law – 35%. No litigation is undertaken and no legal aid work.

Apart from the Principal, there is one full time secretary and a part time self-employed consultant solicitor, who provides cover. Bookkeeping is outsourced.

The firm continued to operate at a profitable level during the coronavirus shutdown, with a substantial number of client enquiries currently being received. No staff were furloughed.

The firm operates from a ground floor office, which would be available for purchase or lease.

The practice has a good PI record and has had no difficulty in renewing its insurance cover.

The Practice would be ideal for one or two individuals who want to run a practice in an affluent area, where the clients strongly appreciate a personal relationship with their solicitor. The Practice would also be of interest to a larger firm looking to expand its area of operations. It is close to the M40 and two larger towns.

The Practice is valued in the local community, in a growing town with diverse business and individual activities.

For more information, email solicitorsupermarketbiz@gmail.com quoting “Oxon Sole Practitioner”.

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This is a well-established sole practitioner Solicitors’ Practice based in the EX postcode area of North Cornwall, close to the county border with Devon. 

The sole principal is of retirement age. He has a thriving practice but wishes to fully retire when the opportunity arises. He will, however, be willing to continue working to assist the purchaser for a few months should it be desirable. 

Turnover in the last financial year was £358,000 and other income of £4,000 plus. In the previous year, turnover was £469,000 and other income £4,000 plus. The sole principal has been preparing for retirement and as a consequence turnover has been reduced. There is significant potential for any purchaser to develop the practice and increase turnover considerably. 

This attractive Practice has made an average gross profit of 38% over the past two years. Of particular note is that the IT system can support remote/home working. 

Conveyancing and associated property work comprises 37% of turnover. Wills, probate and LPAs account for 51% of turnover and family work accounts for 12%. In a flourishing local economy, inroads can readily be made by a purchaser into other lucrative areas of work. 

The sole principal has worked in the town for over 40 years and has been a sole principal for 16 of those years. He formed a limited company four years ago. His firm has a strong reputation throughout North Cornwall and North Devon. 

The office is situated in a town with a high retirement demographic. There is considerable repeat business, new business comes from a variety of contacts and regular legal articles written by the sole principal in a local newspaper and various magazines. There are substantial wills, LPA and deeds banks. 

In addition to the sole principal, there are a further three paralegal fee-earners, and six support staff (some of whom have a job share). All staff have considerable legal experience. 

The office is leasehold on a long lease with break clauses and has a very modest rent. The office is spacious with an excellent reception area and two downstairs interview rooms which are disabled friendly. There are a further eight offices spread over two further floors, all fully equipped. Their premises are owned by a local charity which supports local businesses and they have substantial on site storage facilities. 

The offices enjoy a prominent High Street position in a busy resort town with beaches within walking distance of the office. It is a perfect location for anyone looking to escape city life and commuting and is ideal for a lifestyle change. 

This Practice would be ideal for one or two individuals who are looking to start up their own first practice. We believe this Practice would also be of interest to Practices in the Provinces who would like to expand their exposure to legal work in North Cornwall and North Devon. Because of the excellent geographical location, there is incredible potential for expansion.

For more information, email solicitorsupermarketbiz@gmail.com quoting “EX North Cornwall”.

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This is a two partner Solicitors’ Practice based in an affluent area of West Sussex. 

The Practice has been established for 27 years with a strong reputation and client base providing much repeat work.  

Turnover for the current year is in the region of £850K. 

The firm’s revenue is generated from residential conveyancing [33%], Commercial Property [8½%], Wills/Trust/Probate [24%], Matrimonial [19%], General Litigation [10%]. Employment [4%] and Miscellaneous [1½%]. They do not hold any legal aid franchises but are on all of the major lending panels. 

Apart from the two Partners, there is one full time and three part time fee earners, two administrators and six secretarial support staff. 

The firm is operated from leased premises just on the edge of this major town in a very good location with parking.  The lease expires in 2020. 

My Clients have an excellent P I record. 

We believe this Practice would be of interest to Practices who would like to expand their exposure to the private and commercial client work in West Sussex, in particular the Billingshurst, Crawley, Horsham, Dorking, Reigate, Storrington, Haywards Heath, Burgess Hill and East Grinstead areas.

For more information, email solicitorsupermarketbiz@gmail.com quoting “West Sussex”.

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This is a Two Partner Solicitors’ Practice in the TQ postcode area of Devon.

The Practice was established by the two present Partners in 1983.  The Partners wish to retire although they are prepared to discuss individually proposals to continue working for an agreed time after disposal to assist with the transfer of the goodwill of the business. 

My Clients have asked me to emphasise that this is not a distress sale and they are looking for a realistic goodwill payment. 

Turnover in each of the last three years has been well in excess of £500K [currently £562K]. 

The bulk of the firm’s revenue is generated from wills/trust/probate [59%] and residential conveyancing [30%].  They do not hold any legal aid franchises. 

Apart from the two Partners, there are four full time assistants and three part time assistants [which include the book-keeper and receptionists]. 

The Partners own their own freehold premises which would be available for sale or lease.  Alternatively, the practice could be transferred to another geographical location. 

My Clients have a clean P I record which could easily be transferred to an acquirer. 

The firm is on virtually all of the major lending panels and holds in excess of 4,500 wills. 

This Practice would also be ideal for one or two individuals who are looking to start up their own first practice and due to the excellent geographical location of the Practice, there is considerable potential for increasing turnover in the surrounding area and would be a fantastic opportunity for someone with energy and enthusiasm. 

We believe this Practice would also be of interest to Practices who would like to expand their exposure to the private and commercial client work in Devon although because of the physical location, along the south Devon coast and within the “English Riviera” this would be very much a lifestyle choice.

For more information, email solicitorsupermarketbiz@gmail.com quoting “Devon TQ”.

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We are delighted to have been retained by a Sole Practitioner Solicitors’ Practice with an office in the LE postcode area of Leicestershire. 

This is a busy and well regarded 32 year old practice that primarily handles residential and commercial conveyancing, wills/trust/probate work and some matrimonial work.  There is a Will bank and deeds bank of around 2000 packets of documents. It is the town’s longest established local legal office. 

It is on most major conveyancing panels, has CQS, and has a very good Claims record and competitive professional indemnity premiums. 

This Practice is situated close to the centre of this Leicestershire town, with a prominent frontage, substantial residential and commercial catchment area and proximity to major road and rail networks. 

The Principal is interested in selling the entire practice as a going concern but wishes to consider all options, including staying with the firm after disposal in a part-time, full time or consultancy capacity on terms to be agreed, or possible retirement. 

The Practice has a turnover of around £260K.  They do not hold any legal aid franchises. The Principal is assisted by paralegals and other support staff. The office benefits from a top of the range  Law Society endorsed Practice Management system (Proclaim). 

The firm operates from spacious and attractive self-contained detached premises owned by the Principal with excellent on-site and roadside parking facilities.  This would enable a purchaser to negotiate a new lease of the premises or move the offices to another geographical location without any lease termination issues. 

This firm has phenomenal potential for expansion. It would be of great interest to existing Practices keen on expanding their exposure to private and commercial client work in the East Midlands as well as firms that already have offices in local areas, such as Leicester, Hinckley, Market Harborough, Melton Mowbray, Ashby de la Zouch, Coalville and Loughborough. 

This Practice would be ideal for one or two individuals who are looking to start up their own first practice due to the excellent geographical location of the Practice, there is considerable potential for increasing turnover in the surrounding area and would be a fantastic opportunity for someone with energy and enthusiasm.

For more information, email solicitorsupermarketbiz@gmail.com quoting LE Postcode Leicestershire Sole Practitioner.

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We are delighted to have been retained by a four Partner multi-disciplinary practice law firm with an office in the TR postcode area of Cornwall. 

This is an old established practice that can trace it history back to the middle of the 19th century. 

This Practice is situated virtually in the centre of this market town which has a population of around 17,500 and is on the main line rail network which connects through Plymouth, Exeter, Taunton and Bristol to Reading and London. The Principals are interested in selling the entire practice as a going concern as a couple of the Partners wish to retire although the other Partners might be prepared to consider staying with the firm after disposal in a part-time, full time or consultancy capacity on terms to be agreed. 

The firms’ revenue is made up of Residential Conveyancing [60%], Wills/Trust/Probate [36%], Commercial property [3%] and miscellaneous [1%]. This Practice has an excellent reputation in the area with a turnover of around £360K. There is also around 13,250 wills, deeds and EPAs/LPAs. 

P I cover is in place and there has never been any problems with renewal. They do not hold any legal aid franchises. Apart from the four Partners, there is one fee earner and nine support staff. 

The firm operates from premises owned by two of the Partners.  The lease has expired, and my clients are holding over although it would be available to buy or lease subject to terms.  This would enable a purchaser to move the offices to another geographical location without any lease termination issues. 

The offices are in an excellent geographical location within a short drive to A30, about three miles to the coast and four hundred yards to the railway station.  This would certainly be a fantastic lifestyle choice as well as a firm with phenomenal opportunity for expansion as there are only one or two other firms in the immediate vicinity. 

This Practice would also be ideal for one or two individuals who are looking to start up his or her own first practice and due to the excellent geographical location of the Practice, there is considerable potential for increasing turnover in the surrounding area and would be a fantastic opportunity for someone with energy and enthusiasm. 

We believe this Practice would also be of interest to Practices who would like to expand their exposure to the private and commercial client work in Cornwall as well as firms that already have offices in the local areas, such as Truro, Camborne, Helston, Redruth, Hayle, Penzance, Penrhyn, Falmouth and St. Austell.

For more information, email solicitorsupermarketbiz@gmail.com quoting TR Cornwall Postcode.

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We are delighted to have been retained by a Solicitors’ practice based on the Berkshire/Buckinghamshire borders. 

This firm are in expansion mode and are looking to acquire a firm that has a family/childcare legal aid franchise. 

The areas they are particularly interested in expanding into include London, Berkshire, Buckinghamshire, Oxfordshire and along the M40 corridor as far north as Birmingham. 

They would also be prepared to consider merging with another firm that has a family/childcare legal aid franchise, acquiring just the family department of another law firm or even setting up a joint venture arrangement with another firm provided they had a franchise. 

As a secondary consideration, they would also be interested in acquiring law firms that specialise in residential conveyancing. 

For further information and to arrange a meeting with my Clients, please email raymondafox@aim.com or call 01494 483728 quoting “Family Legal Aid Franchise”.

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We are delighted to have been retained by a Two Partner Solicitors’ Practice with an office on Teesside. This Practice is situated in a busy North East town with around 100,000 inhabitants, close to the A179, A689, A1086 and the A19 and with a direct train service to London.  The Partners are interested in selling the entire practice as a going concern. 

This Practice has an excellent reputation in this affluent and expanding town as it has been operating there for over 40 years, is virtually in the centre of the town and has a turnover of around £400K. There are no legal aid franchises, but the firm holds Lexcel, IIP and CQS, as well as being on most of the major conveyancing panels. There is also around 1,500 wills, together with deeds and EPAs/LPAs. 

The firms’ revenue is made up of Residential Conveyancing [70%], Wills/Trust/Probate [12%], Commercial property [10%] and Miscellaneous [8%]. 

My Clients have a good P I Claims record which could easily be transferred to an acquirer. P I cover is in place and there has never been any problems with renewal. 

In addition to the 2 Partners, there is 1 fee earner/office manager plus 7 support staff. 

The firm operates from premises owned by one of the Partners’ family members who has indicated that they would be prepared to sell the freehold, lease it to the acquirer of the practice although it also enables the practice to be moved to another geographical location without any lease termination costs or dilapidations. 

This Practice would be ideal for one or two individuals who are looking to start up his or her own first practice and due to the excellent geographical location of the Practice, there is considerable potential for increasing turnover in the surrounding area and would be a fantastic opportunity for someone with energy and enthusiasm. 

We believe this Practice would also be of interest to Practices who would like to expand their exposure to the private and commercial client work in the NE of England as well as in towns such as Sunderland, Middlesbrough, Hartlepool, Billingham, Stockton, Darlington, Durham, Peterlee, Seaham and Sedgefield. We also anticipate enquiries from Firms in the provinces interested in expanding and who would like to use this Practice as a platform to target the lucrative market.

For more information, email solicitorsupermarketbiz@gmail.com quoting “Teesside”.

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We are delighted to have been retained to dispose of a 2 Partner Solicitors’ Practice based in the North Cotswolds area. 

The Principals are interested in selling the practice as a going concern due to their desire to retire although they are willing to be flexible as to any ongoing involvement as required in order to enable a smooth transition for all concerned. 

My Clients are the only law firm in this small affluent Cotswolds town and occupy offices in an excellent location on the main road through the town. Their lease has expired and are holding over with security of tenure, so a move to another location would be easy and would not involve any lease termination issues or dilapidations. 

Turnover for the current financial year is in the region of £135,000. However, due to the excellent client base, history and location there is an incredible potential for expansion. 

The main fee earning characteristics of the firm are Residential Conveyancing [53%], Commercial Property [2%] and Wills/Trust/Probate [45%]. This firm does not hold any legal aid franchise, has no outstanding P I claims and is on all of the major conveyancing panels and a member of CQS.  They hold around 1,400 wills, thousands of deeds and hundreds of LPAs/EPAs. 

Apart from 2 Partners there is 1 employed secretary plus a couple of self-employed support staff. 

This Practice would be ideal for individuals looking to start up their own first practice. It would also appeal to Practices in the Provinces and those already with close proximity to the Cotswolds, such as Cheltenham, Gloucester, Winchcombe, Evesham, Stow-on-the Wold, Bourton-on-the-Water, Tewkesbury, Northleach, Stroud and Cirencester, who would like to expand their exposure to legal work in this area.

For more information, email solicitorsupermarketbiz@gmail.com quoting “ Two Partner North Cotswolds Practice”.

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We are delighted to have been retained to dispose of a 4 Director Solicitors’ Practice based in North East London. 

The Shareholders are interested in selling the practice as a going concern due to their desire to devote their time and energies to their other business interests although it is anticipated that at least one of the remaining Directors would be willing to continue working after disposal. 

My Clients have asked me to emphasise that this is no way a distress disposal and they will be looking for a realistic goodwill payment. 

This practice was originally established in 1998.  My Clients operate their Practice from offices under a protected lease although the lease has expired and they are holding over.  This would enable an acquirer to transfer the Practice to another geographical location without any lease termination costs although it is expected that the landlord would be prepared to grant a new lease to a purchaser. 

The offices are based in an excellent geographical location, on a main road with continual passing traffic, buses and footfall, close to a number of major retail outlets, pubs, banks, estate agents, as well as being about 250 yards from an underground, overground and bus station. Travel times to Kings Cross and Liverpool Street are around 15 – 20 minutes. This is a vibrant, ethnically diverse multi-cultural area in close proximity to Chingford, Walthamstow, Tottenham, Leyton, Whipps Cross, Highams Park and Leytonstone. 

Turnover for the current financial year is in the region of £1,350,000. However, because of the excellent geographical location, there is incredible potential for expansion. 

The main fee earning characteristics of the firm are Residential Conveyancing, Criminal Defence and Claimant Personal Injury. The remainder of the fee earning characteristics of the firm are Immigration, Commercial Property, Wills/Trust/Probate and Matrimonial. This firm holds a criminal legal aid franchise and is on all of the major conveyancing panels. 

Apart from the 4 Directors, there is one employed barrister, 6 self-employed consultants and 9 support staff. 

This Practice would be ideal for one or two individuals who are looking to start up their own first practice. We believe this Practice would also be of interest to Practices in the City, the West End as well as in the Provinces who would like to expand their exposure to legal work in North East London.

For more information, email solicitorsupermarketbiz@gmail.com quoting “N E London Practice”.

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3 Partner Solicitors’ Practice for Sale – HA Postcode area

We are delighted to have been retained to dispose of a 3 Partner Solicitors’ Practice based in the HA postcode area N W London. 

The Partners are interested in selling the practice as a going concern due to the ill health of one of the Partners, although at least one of the remaining Partners would be willing to continue working after disposal. 

Turnover for the current financial year is in the region of £450K. However, because of the excellent geographical location, there is incredible potential for expansion. 

The fee earning characteristics of the firm are Wills/Trust/Probate work [15%], Commercial Property [17%], Residential Conveyancing [48%], Landlord + Tenant [16%], Matrimonial [3%] and Employment [1%]. This Practice also holds around 650 wills.  This firm do not hold any legal aid franchises but are on most of the major conveyancing panels. 

Apart from the 3 Partner there are 3½ full time equivalent support staff. 

My Clients operate their Practice from two adjacent buildings which are owned by the Partners.  This would enable an acquirer to transfer the Practice to another geographical location without any lease termination costs although the Partners would also be prepared to consider either selling or leasing the premises to interested parties. 

The offices are based in an excellent geographical location, on a main road with continual passing traffic, buses and footfall, close to a number of major retail outlets, banks, estate agents, as well as being about 400 yards to the centre of the area’s main “High Street”. This area is in close proximity to Harrow, Pinner, Ruislip, Eastcote, Edgware, Belmont, Bushey Heath, Stanmore, Wealdstone, Harrow Weald, Headstone and Hatch End. 

This Practice would be ideal for one or two individuals who are looking to start up their own first practice. We believe this Practice would also be of interest to Practices in the Provinces who would like to expand their exposure to legal work in N W London.

For more information, email solicitorsupermarketbiz@gmail.com quoting “HA 3 Partner Practice”.

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We are delighted to have been retained to dispose of an old established two Partner Solicitors’ Practice based in the North Kent/London Borders area.

The Partners are interested in selling the practice as a going concern. Both partners would be willing to continue working after disposal to smooth a transition or for a longer term.

Turnover for the last financial year was in the region of £640K.

The revenue is made up of 23% Residential Conveyancing and Commercial Property, 6% Dispute Resolution, 35% Wills/Trusts/Probate/LPAs, 12% Family and 24% Specialist Litigation.  There are around 6,200 wills, deeds and some LPAs/EPAs.

Apart from the two Partners, there are four other employed fee earners plus a number of support staff, including a full time bookkeeper. They have COLP & COFA routines in place. My Clients operate the Practice from leased offices on the main road through the centre of this Kent town with continual passing traffic and footfall as well as being adjacent to a number of major retail outlets.  However, the Lease has expired and my Clients are holding over.  It is unlikely that the Landlord would not grant a new lease to a purchaser although this would also enable the purchaser to uplift the firm to another geographical location without any dilapidations or lease termination expenses.

The Partners decided not to continue with legal aid work many years ago and have a good P I claims record.

The offices are within a few minutes’ walk of a National Rail station with an excellent service to London which is about 40 minutes away.

This Practice would be ideal for one or two individuals who are looking to start up their own first practice. We believe this Practice would also be of interest to Practices in the Provinces who would like to expand their exposure to legal work in the Kent and South East London areas.

For more information, email solicitorsupermarketbiz@gmail.com quoting North Kent/London borders

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“I’m a Solicitor. Get me out of here! A Guide for Solicitors who wish to sell, merge of value their Practices”. 

Available from www.EstelleAlanPublications.com

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Two Partner London Practice looking to Acquire:

This is an expanding 7 year old 2 Partner Practice based in the Angel Islington area are looking to acquire/absorb a small number of sole practitioners and/or two partner practices.  They are generally looking within the area bounded by The North Circular and South Circular Roads although would be prepared to consider firms as far north as Hendon, east as Docklands, west as Chiswick and south as Brixton.  They also have a particular interest in small firms in the Richmond, Mortlake and Hampstead areas.  They would consider firms handling most types of legal work [except Legally Aided] and firms with a turnover of between £100K and £350K would be the most attractive.

For further information, email solicitorsupermarketbiz@gmail.com quoting; Angel Islington Practice

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Expanding 5 Partner, high profile and forward thinking practice in the Thames Valley in the Legal 500 and with Investors in People accreditation, are looking to expand by the acquisition of more practices and Senior Solicitors with followings. They are particularly interested in making contact with firms with close proximity to the M4, A4, A40 and the M40 from the West London suburbs as far west as the Oxford and Reading areas.  They have space in their offices close to the Slough and Windsor areas and are looking to absorb additional work and staff into their offices where they can provide the back office, infrastructure, marketing and insurance aspects.  In exchange, they are willing to offer possible partnership, consultancy or a goodwill consideration to facilitate retirement. Of particular interest to them is more, company, commercial, matrimonial/children work, immigration, landlord & tenant, insolvency, litigation and intellectual property.

For information, email solicitorsupermarketbiz@gmail.com quote: Thames Valley Practice

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A relatively new Practice based close to the M11 are looking to expand and develop a branch network in the Suffolk, Cambridgeshire, Essex and Hertfordshire areas and would even be interested in a Central London location.  They are looking at acquiring small practices – Sole Practitioners as well as 2 or 3 Partner/Director firms – where the Principals are approaching retirement or feel they have a lack of critical mass to make their firm sufficiently profitable.  Ideally, they would be looking for the Principals/Solicitors to stay for a period to smooth the transition.  They are particularly interested in firms that handle non legal aid family/matrimonial, general private client work, crime and civil litigation.  

For more information, email solicitorsupermarketbiz@gmail.com quoting: “M11”

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Expanding 10 Partner Central London Practice interested in Merging or making Acquisitions

 We are delighted to have been retained by the above practice who are looking to expand and are interested in hearing from Principals/Partners of smaller Practices who might be looking for an exit route and who would consider an arrangement with a Central London Firm worth exploring.

My Clients are already handling work in the following categories – Residential Conveyancing, Commercial Property, Civil Litigation, Family, Crime, Immigration, Estate Planning and General Commercial.  They already hold franchises in Family, Crime and Immigration.  They are interested in expanding their work exposure in their existing categories but would not be averse to consider moving into other areas of law where such opportunities exist.

They are happy to consider merging with or the acquisition/absorption of Practices within a reasonable commute of central London.

They would be prepared to listen to proposals from the Principals/Partners of firms who would find an attraction in being part of a larger organisation and who might find the offer of, say, Equity, Partnership, Employment or Consultancy a very real alternative to continuing the running their own Practices in this tough economic climate.

For further information, call Ray Fox in confidence on 01494 483728 or email solicitorsupermarketbiz@gmail.com quoting “Central London”

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This is a two partner solicitors’ practice on the Berkshire/Surrey borders. The Partners would be interested in potentially merging the practice with a forward looking firm for the mutual benefit of all parties.

The Firm is located within the Golden Triangle of the M4/M3/M25 and is less than 10 miles from Heathrow Airport. The area is very much in a desirable “Stockbroker” belt with a large number of high net worth residents – both U.K. and foreign.

The offices have A2 planning use for professional and financial services and are situated at the junction of a busy main road with continual passing traffic. Free car parking facilities are adjacent and there is a national rail station with access to Waterloo and the City.

The partners own the freehold of the premises which are leased to the Firm. The offices are computer networked.

Income is circa £500,000 a year which comprises approximately residential conveyancing (30%), commercial conveyancing (10%), wills and probate (26%) and family law (34%).

The Firm holds a legal aid franchise in family law.

In addition to the two partners there are three fee earners and four support staff. The Firm holds more than 2,000 wills and a similar number of deeds.

The Firm is strategically located in an affluent area and has great potential for growth.

We believe this Practice would be of interest to provincial Firms wishing to gain a foothold to the West of London to develop their Commercial and Private Client bases in this increasingly attractive area.

For further information, call Ray Fox in confidence on 01494 483728 or email solicitorsupermarketbiz@gmail.com quoting: “Berkshire/Surrey border”

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This is a Two Partner Solicitors’ Practice based in Mid Essex that the Partners are interested in selling as a going concern due to their wish to pursue other activities but both would consider remaining as consultants after disposal to assist with a smooth transition. 

Turnover last year was approximately £523,000 and was made up approximately of Residential Conveyancing [9%], Wills/Trust/Probate [4%], Commercial Property [1%], Private Matrimonial/Children [36%], Legally Aided Matrimonial/Children [35%], Contentious Employment [7%] Claimant Personal Injury [3%] and Miscellaneous Litigation [5%]. The Practice holds about 430 wills/EPAs and 323 deeds. 

The Practice is in the centre of a thriving and expanding mid Essex town. It has close proximity to a national rail station for easy access to London and the Essex, Norfolk and Suffolk coasts.  It has reasonably close proximity to the A12, A127, A128 and is about 20 minutes from the M25. 

The Practice holds a Family/Matrimonial Legal Aid Franchise. 

The Partners own the freehold premises where the Practice is based and occupies about 2,155 sq. ft. of office space, virtually directly opposite a major supermarket outlet. The freehold is worth in the region of £550K which would be available for sale or lease. These premises are more than adequate for the practice’s current activities and offer room for future expansion. 

Apart from the two Partners, there are 4 full time equivalent support staff. For more information, email solicitorsupermarketbiz@gmail.com quoting: “Mid Essex”

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We are delighted to have been retained by a Regional Solicitors’ Practice with a national presence and client base.  My Client is interested in acquiring P I Practices, P I Files and/or P I caseloads.  They will even consider taking over the P I Department and the fee earners within a Firm.  In the event of acquiring an entire Practice, my Client would be willing to consider funding insurance run-off cover.

They are willing, subject to negotiation and agreement, not only to pay a lump sum outright for the files and the associated WIP, but are also willing to consider an interim payment followed by a shared payment on the satisfactory conclusion of the case.

All no-win no-fee P I work would be considered, including RTA, Clin. Neg. and industrial disease claims. No caseloads would be considered too small and any geographical areas in England and Wales would be of interest.

This is a unique and ideal opportunity for a practice that has P I WIP on their balance sheet and would be interested in an opportunity to release immediate funds which could then be invested in other parts of their Practice.   For more information, email solicitorsupermarketbiz@gmail.com quoting: “P I Acquisitions”

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