For law firm owners and investors with $10M+ in revenue, the stakes are different. The complexity is real. And the right advisor—one who has seen it all—changes everything.
Tell us about your firm. We’ll take it from there.
Not all transactions are the same, and not all clients need the same level of support. Private Market Advisory is for those where the deal is complex and standard guidance simply isn’t enough.
This is truly bespoke law firm M&A consulting. We start by understanding what success looks like for you, then build a custom advisory strategy around it. You get direct access to your advisors whenever you need them.
Whether you’re a firm owner preparing for an exit, a growth-minded acquirer, or a private equity group building an MSO platform, Private Market Advisory puts a white-glove team in your corner from first handshake to post-close support.
Full firm valuation and deal positioning tailored to your market and buyer type.
Proprietary LPE data powering your negotiation and positioning strategy.
Through our exclusive marketplace, with LOI review, negotiation support, and deal structuring.
Hands-on management of the diligence process and all supporting documentation.
Direct access to your advisory team throughout the entire process, whenever you need them.
Structured support through integration, client retention, and long-term success.
Whether you’re selling, acquiring, or investing, every engagement follows the same disciplined path—customized at each step to your firm, your goals, and your deal.
Law firm valuation, EBITDA recast, and a positioning strategy calibrated to your market and buyer type.
A confidential, managed process: qualified buyers or sellers approached in parallel under NDA, creating real competitive tension.
LOI strategy, working-capital and earnout terms, tax structuring, and bar-compliant MSO and ethics review.
Managed due diligence, Quality of Earnings, and purchase-agreement negotiation across your full legal, tax, and financial team.
Flow of funds, closing logistics, and structured post-close transition, integration, and earnout protection.
We didn’t follow this market. We built it. LPE has been facilitating law firm sales, acquisitions, and succession strategies since 2013. When we entered this space, there was no playbook. We wrote it.
Today, we have more proprietary deal data, more completed transactions, and more real-world experience in law firm M&A than any firm in the country. That authority matters when it’s your firm on the line.
Tom founded The Law Practice Exchange in 2013 and built the first national advisory practice dedicated to law firm M&A. He has led transactions from solo practice exits to a $200M+ acquisition strategy for one of the country’s largest personal injury firms.
A licensed North Carolina attorney and CPA, Tom advises on valuation, succession, MSO structuring, and outside capital. His commentary appears in Bloomberg Law, Forbes, and Law360.
J.D., Campbell University School of Law
M.A. & B.S., Accounting, North Carolina State University
Mike leads Private Market Advisory engagements from buyer identification through closing—LOI and purchase agreement negotiation, working capital and Quality of Earnings analysis, F-reorganization structuring, and bar-compliant MSO transactions.
A New York–licensed attorney and Certified Merger & Acquisition Advisor, Mike previously facilitated oversight of multibillion-dollar bank M&A at the Federal Reserve Board of Governors.
J.D., New York University School of Law
M.A., Statistics, Columbia University
B.S. with Distinction, Cornell University
Private Market Advisory clients aren’t buying a listing. They’re retaining a deal team.
Lists your firm, fields inquiries, and waits—one buyer at a time, and you on your own when the term sheet arrives.
Runs a managed, confidential process: curated buyers, competitive tension, hard negotiation, and hands-on management through close.
No two engagements run the same playbook—and the work includes what never makes a deal sheet:
Our clients are serious. Their deals are significant. Here are a few profiles that resemble the owners we work with.
Sarah has built a $30M personal injury firm over 20 years. She has multiple partners, a team of associates, and dedicated support staff. She’s fielding interest from a PE group exploring an MSO structure and has no idea whether the offer on the table is fair or how to evaluate the 15 pages of term sheets in front of her.
She needs an advisor who speaks her language, knows her market, and has seen this deal before.James runs a thriving $12M immigration law firm and he’s not done growing. He’s been eyeing acquisition as the fastest path to market expansion: adding locations, capabilities, and revenue without starting from zero. He knows what he wants but has never been on the buy side before.
He needs a team that can find the right firm, structure the right deal, and make sure he doesn’t leave opportunities on the table.A PE group is building out a portfolio of contingency-fee law firms under an MSO structure. They need a law firm M&A partner who already has relationships with qualified sellers, understands compliant deal structures, and can move efficiently from identification through close.
They need proprietary market access, a team that speaks both legal and deal, and an advisory partner who has navigated PE transactions in this space before.Private Market Advisory is our highest tier of service—fully customized to your deal, your goals, and your timeline. You’re not using a self-service platform or working from a template. You have a dedicated team with you at every stage of the transaction.
A broker lists your firm and connects interested parties. An M&A advisor runs the transaction—a confidential competitive process, LOI and working capital negotiation, diligence coordination, and quarterbacking the legal, tax, and financial workstreams through close. Private Market Advisory is the latter.
This service is designed for law firm owners with $10M or more in annual revenue who are considering a sale, merger, or succession event—and for buyers (including private equity and family office investors) pursuing acquisitions of that size.
It means we’re with you from start to finish. Valuation. Positioning. Deal strategy. Buyer or seller matching. LOI review. Negotiation. Due diligence support. Post-close transition planning. You have access to your advisors throughout, not just at key milestones.
We use a combination of financial analysis, market comparables from our proprietary transaction database, and practice-specific factors—including revenue, client retention, staff structure, and transferability of the practice. No two valuations are identical, because no two firms are.
Yes. We have deep experience advising PE groups and family office investors on law firm acquisitions and MSO structuring. We understand the compliance considerations, the deal structures, and the unique dynamics of bringing outside capital into a law firm.
We start with a private consultation to understand your situation and whether we’re the right fit. From there, we’ll outline how we’d work together and what investment looks like for your specific engagement. Private Market Advisory is billed on a monthly retainer.
Most transactions close within 6 to 12 months, though complexity, deal structure, and diligence requirements affect the timeline. We set realistic expectations from day one and keep things moving with urgency and precision.
That’s exactly why you talk to us first. Timing is one of the most consequential decisions in a law firm exit, and we help clients understand where they are in the market cycle, how their firm is positioned, and what needs to happen before they’re ready to go to market—even if that’s a year from now.
A confidential, no-pressure conversation is where every great deal starts. Book a private consultation with the LPE team today.
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