Seller Direct Listing - Charlotte NC Metro Law Firm Seeks Succession Partner

For Sale by Owner

Asking Price

Call for Details


North Carolina

Practice Areas

Employment, Workers Compensation

Gross Revenues

$350,000 - $500,000

Owner's Cash Flows


Real Estate Value

Lease Rate

$2100 per month


Non-Attorney or Other Staff


When Was Firm Started?


I’m Interested! Tell Me More.

This successful Charlotte, North Carolina law firm is solo owned and seeks a succession partner to join the firm and begin a transition period. The firm handles two distinct practice areas: labor and employment matters and self-funded Workers’ Compensation matters. The owner has a mediation practice that provides approximately 50% of the firm revenues. The owner  will continue to work in the mediation practice through the transition period and then keep the mediation practice upon retiring from the firm. That leaves a revenue gap that can be filled by developing new clients or bringing a book of business to the firm by the succession partner. The law firm space is leased through December 2024 – $2100 a month. The space includes a conference room and available attorney office. There is a paralegal who works for the firm who would likely stay onboard. The firm uses cloud-based technology, provides remote work, and is paperless. Payroll, accounting, and tax work is outsourced. The client base is small, but loyal and provides a large quantity of matters. There is a law firm website, Facebook page, along with using LinkedIn as a publishing platform. Work also comes from referrals from former clients, attorneys, and other professionals.

The ideal buyer:
*An experienced, entrepreneurial lawyer searching for a fully built law firm ;
*A candidate who has worked in an insurance defense firm or employment law firm and is looking to run their own practice without the pain of building a law firm from the ground up
*A lawyer who has experience in a larger law firm and is ready to run their own practice
*A firm strategically looking to expand their geographic location in NC; and/or
*A lawyer looking to diversify practice areas or expand services to clients.

The owner is willing to offer equity ownership in the firm immediately or have the succession partner transition into ownership. The owner will assist in transitioning the client relationships and matters to ensure client continuity and satisfaction, but the succession partner needs to have the skill level to maintain the practice independently.