Contact us

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:

  • Pre-sale profit improvement 
  • Pre-sale taxation planning
  • Due diligence
  • Valuation
  • Identifying a suitable buyer
  • Negotiation of price and purchase agreement
  • Dealing with HMRC, SRA and other statutory requirements
  • Post deal support.

Meet the team