Tremendous Opportunity for North Carolina Market Expansion & Adding Recession Proof Practice Areas LPE#622

practice area: Business/Corporate Law Price:

$850,000

Location: North Carolina Status: Active
Revenues:

$1,300,000 (2019)

Owner Cash Flows:

$800,000 (2019)

Staff:

1-5

Associates:

1-5

Inception Range:

2000-2010

Real Estate Available:

No

Lease Rate:

$4,537.50

Diversified firm core legal service offerings including both transactional and litigation based services. The firm offers services in Personal Injury Law, Real Estate Litigation, Foreclosure Litigation, Collections, as well as transactional and litigation regarding Business Law.
   
  • Consistent and steady practice income through business and collections
  • Ongoing and repeat client relationships for business, HOA, real estate and collections
  • Steady base of personal injury cases for strong yearly practice area cash flows
  • Huge upside benefits with top case opportunities in certain years.

Market brand dominance built over time through philanthropic efforts as well as educational and community focused marketing content and platforms this firm has become the ‘go-to’ law firm for its service offerings in the community. In addition to the community efforts the firm also provides a personal touch to each client with responsiveness and accessibility being key brand strengths while also delivering high quality legal services. All these efforts have endeared the firm to the community it serves and has established its incredible reputation and impeccable client satisfaction ratings.    

  • MARKETING PLATFORMS: Since its inception the firm has rolled out a strategic and now well-proven marketing platform that has endeared it to the community which provides a steady stream of referrals and repeat client revenues. The overall marketing strategy also includes a strong website presence designed to maximize SEO to drive new leads and clients. Internet presence and marketing platforms represent nearly 80% of all new leads.
  • CLIENT SATISFACTION & REPEAT CLIENTS: The firm’s impeccable reputation and high client satisfaction as well as a steady base of repeat clients that provide consistent year-to-year practice revenues and additional referrals. Currently, demand significantly exceeds capacity for business practice group.
  • REPUTATION : Through marketing platforms, community efforts, and a history of client satisfaction this firm has cultivated an unmatched reputation which drives increasing demand for its servicesThat, along with the strong website and SEO efforts provides even more opportunity for growth with the next generation of ownership.
  • STAFF DRIVEN: Tenured, committed and highly-trained staff who truly drive the firm’s operational process in support of clients and attorneys. Each staff member assists in driving key firm operations and is capable of working autonomously requiring minimal oversight.
  • WELL-DEVELOPED OPERATIONS: This firm truly has focused on the business and operations process as it has developed and refined operational procedures for each practice area including proprietary intakes, checklists, and workflows that both helps drive the overall client matter process and provides the framework for consistent production of high-quality legal services.
  • FLEXIBLE TRANSITION & STRUCTURE: Ownership is focused on finding the right successor to carry forward the firm culture, reputation, and high-quality legal services. Assuming a good fit, the sellers are open to highly attractive structures options that provide lower risk to the purchaser.
  • MAY BE IDEAL IF… :This firm may be the perfect opportunity for an established firm looking for expansion into a strong and growing North Carolina market with attorney(s) or practice area knowledge in the business, litigation and personal injury practice areas that would allow client workload to transition easily. Or, it may also be ideal for two or more attorneys experienced in those practice areas that are looking for immediate firm ownership and profitability as compared to new firm start-up or similar.

If you are a law attorney or firm looking for that growth opportunity in North Carolina look no further!  

What Our Clients Say !

“The transition was smooth, the clients were glad to know their new advocate was enthusiastic and ready to help them and the practice never skipped a beat.”

Erik B.- Buyer

2019-01-02T01:16:03+00:00

Erik B.- Buyer

“The transition was smooth, the clients were glad to know their new advocate was enthusiastic and ready to help them and the practice never skipped a beat.”
“Amanda and Tom introduced me to a buyer I would have never met otherwise.  Throughout the process, they were available, helpful, and experienced in keeping us on track toward closing.  The entire process went better than expected, and I have Amanda and Tom to thank for that.”

-Bankruptcy Firm Seller LPE#541

2019-01-02T01:27:54+00:00

-Bankruptcy Firm Seller LPE#541

“Amanda and Tom introduced me to a buyer I would have never met otherwise.  Throughout the process, they were available, helpful, and experienced in keeping us on track toward closing.  The entire process went better than expected, and I have Amanda and Tom to thank for that.”
“Thank you again for all of your help. I didn’t think it was possible to get money for our practice and you proved me wrong.”

-Residential Real Estate Seller LPE#522

2019-01-02T01:25:47+00:00

-Residential Real Estate Seller LPE#522

“Thank you again for all of your help. I didn’t think it was possible to get money for our practice and you proved me wrong.”
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