| Legal marketing and support services including legal recruitment, client surveys and law practices for sale. |
Help selling a law practiceIn a survey reported in The Lawyer, research indicated that over one third of law firms anticipate a merger in the next five years. This survey coincided with the launch of our relationship brokering service. If you are looking to sell your practice, acquire or merge with another practice, them we are the people you should talk to first. After seven years with Dun and Bradstreet first as Company Secretary and then as Legal Director, I set up my own practice. Since 1994, we have established contact with hundreds of solicitors' practices and we are now the UK's leading organisation in helping solicitors' practices expand their client base. Many of the aforementioned firms had privately indicated their desire to sell their practice or acquire or merge with another practice. Until now, a cost effective and confidential service was simply not available. We are delighted to be able to offer this service to you ~ a service that is professional, discreet and ethical. Our fee structure is simple: 1) An initial "free-of-charge" meeting to discuss your requirements followed by a short report confirming the profile of your Practice and details of your instructions. 2) A retainer of £2,500.00 to cover our time, postage and disbursements. 3) On completion, a success fee of 3% of the gross annual income of the Practice being sold or acquired, or, in the case of a Merger, the gross annual income of the smaller of the two firms involved in the Merger. In all cases, there will be a minimum fee of £8,250.00, although half the retainer referred to above [£1,250.00] will be rebated if the success fee is paid within 10 days of the date of the invoice. If you would like to know more about our services or to discuss your requirements please contact us. Some practices that are for sale now can be found here, and testimonials from previous clients here.
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