Legal

Buying & selling a law firm

We can help you buy or sell a law firm, and support you through the whole transaction.

We’ve helped individuals for over 30 years and can help you secure the best deal that maximises value.

Buying a law firm

Buying a law firm can be a great way to expand a practice or enter the legal sector. We can provide you with a comprehensive due diligence service, covering all relevant financial and tax matters, so you know what to expect for the future. We can help with:

Valuation
Practice performance review
Deal structrue
Financial models and forecasting
Introducing lenders and assisting with funding arrangements
Tax structuring and support
Dealing with HMRC, SRA and other statutory requirements
Professional indemnity insurance and run off cover
Identifying obligations such as transferring staff
Post acquisition deal support
Succession planning.

Selling a law firm

There are many reasons for selling your law firm, from administrative burdens, to cost savings or crystallisation of assets within your firm. Succession planning is also something that all owners should begin thinking about as soon as they become an owner, and whilst you might not be looking to sell today, it is never too early to have a succession strategy in place. We can help with: