Ready for what's next? Noted law practice management expert Ed Poll brings together buyers and sellers of law practices through the newly expanded LawBiz® Registry. Whether you'd like to get paid for the goodwill of your practice through a sale or buy an existing practice rather than start from scratch, LawBiz® Registry is the first place to turn.
Listen to this valuable interview where Bruce Dorner, a leading national voice to allow lawyers to sell their law practice talks with Ed Poll about LawBiz Registry, and how the registry offers an additional and much lower cost alternative to help lawyers monetize the value of their law practice. Ed and Bruce will also discuss rule 1.17 of American Bar Association Rules which allows lawyers to sell their practice.
Well-known and highly respected divorce mediation practice brings a history of success and an excellent reputation to the right new owner. It can also be an additional source of revenue for a firm that currently does only litigated divorce.
For more information, please contact Ron Hottes, broker, at (310) 539-8300.
Phone: (310) 257-9644
Area of Focus: Family Law Divorce Mediation
Average annual gross revenue: $173,000
Sale Price: $220,000
Defense practice represents employers and insurance carriers in state courts and administrative forums. The firm also counsels employers regarding employment discrimination and the Americans with Disabilities Act and conducts education sessions for clients.
The firm is known for its high quality representation, integrity and responsiveness to clients' needs. The firm believes every complex workers compensation problem is potentially a complex employment law problem. By staying alert to crossover issues the firm adds value to clients by informing employment law or personal injury specialists to otherwise latent situations. This broad scope awareness assists the defense of the civil case and vice versa. Being knowledgeable in FEHA, ADA, FMLA benefits the practice by improving communication with the clients. The firm looks for creative ways to resolve complex cases.
Contact info: Ed Poll, email@example.com, 800-837-5880.
Areas of Focus: Workers' Compensation
Revenue: $1 Million Average Annual Gross Revenue
This web-based niche immigration law practice sources clients entirely from its high-ranking (#1 for its keyword in Google) website, with both organically sourced and paid AdWords clients. Past revenue is 99% web based and not from referrals, which means any lawyer can purchase this practice, regardless of location and incorporate it into their practice to generate immediate revenues. Spent $15,000 in 2014 on AdWords in order to generate $120,000 gross revenue in its first full year of business. Domain name is SameSexVisaLawyer.com which also possesses significant goodwill / branding value and is included in sale price. Firm was first ever law firm to serve exclusively same-sex marriage based immigration clients, began operating only two weeks after DOMA was struck down (July 2013). First 12 months revenue was $120,000.
Based in NYC but practice is largely virtual with clients around the world. Willing to help buyer transition.
Contact info: Sherwin Noorian, firstname.lastname@example.org, 646-679-7888.
Areas of Focus: Same-sex marriage based immigration
Revenue: Annual Gross Revenue: $120,000
Well-established practice of 30+ years. Repeat transactions with clients. Grab this opportunity to expand an established practice. Annual Gross Revenue: $200,000. Call Ed Poll 800-837-5880 or email@example.com.
Areas of Focus: Estate Planning, Trust Administration, Corporate Formations & Dissolutions, & Misc. Business Transactions.
Revenue: Annual Gross Revenue: $200,000
Prestigious, established, AV rated, Southern California, high asset Family Law practice. Attractive transition options available to buyer.
Areas of Focus: Property & Custody Litigation, Prenuptial & Postnuptial Agreements, Adoptions & Family Formation Law and Mediation.
Revenue: Consistent $1,000,000+ Gross
Looking to purchase Personal Injury practices in Southern California. Large or small.Interested parties should contact:
Gary K Daglian
We have successfully acquired the Estate Planning, Trust & Probate law practices of several attorneys who have exited the practice of law. We are looking for additional practices. Please contact us. The interests of your clients will be protected; we are experienced. All inquiries will remain confidential.
Desired Location: Greater Sacramento Area and Ventura County, California
Desired Areas of Focus: Estate Planning, Trust & Probate Law
Desired Revenue: $300,000-$2,000,000
Growing NE regional trust & estates practice with 6 attorneys seeks to acquire practice of retiring attorney in the trusts & estates field.
Ideally the selling attorney would be willing to stay with the firm for a time to smoothly transition clients.
Desired Location: Orange, Ulster, Dutchess, Putnam Counties, New York; Rockingham County, New Hampshire
Desired Areas of Focus: Wills, Trusts, Probate, Trust and Estate Administration, Elder Law
Desired Revenue: $250,000-$1,250,000
I enlisted Ed Poll about a year before I completed an all-cash sale of my estate planning law practice in Northern California in 2011. Ed made direct, personal contact with a number of local firms, and, at the same time, advertised nationally through his discreet listing service. Once we had solicited an offer from the best prospect., Ed negotiated contract formation in detail, and followed through to closing.
Ed Poll is experienced, straightforward, upbeat and effective.