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Buying a legal practice

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Buying a legal practice is a complex process. As a purchaser, you will want to understand as much as possible about the potential acquisition and whether it will suit your needs and firm culture.

Hazlewoods provides a comprehensive due diligence service, covering all relevant financial and tax matters. We review and report on the underlying profitability and lock up position, so you know what to expect for the future.  We will also advise on the impact of run off cover and how this affects the way the deal might be structured.We have been helping individuals and law firms acquire practices for many years. If you are considering an acquisition, we can support you through the whole transaction including:

  • Determining a valuation
  • Practice performance review
  • Structuring the deal
  • Introducing lenders and assisting with funding arrangements
  • Tax structuring and support
  • Introducing professional indemnity insurers and run off cover
  • Identifying other obligations such as transferring staff
  • Supporting you through the transaction
  • Post acquisition profit improvement and cash generation

Key contacts

Jon Cartwright - Partner Jon Cartwright
Partner
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Patricia Kinahan - Partner Patricia Kinahan
Partner
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Andy Harris - Associate Partner Andy Harris
Associate Partner
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