Thinking about selling your law firm, retiring from practice, or finding a successor? Synergy Business Brokers helps law firm owners explore a confidential sale or combination with another practice. We work to identify appropriately qualified buyers while considering the financial, professional, and client-service requirements that make a law firm transaction different from an ordinary business sale.
There are no upfront brokerage fees. We begin by learning about your practice, its profitability, areas of law, team, and transition objectives. Tell us about your law firm confidentially to start a conversation.
Buyers consider more than annual revenue. Important factors can include normalized cash flow, recurring client relationships, the mix of practice areas, referral sources, attorney retention, outstanding matters, lease obligations, and how dependent the practice is on its owner. We help owners prepare the financial and operating information that prospective buyers need to evaluate a firm.
Potential buyers may include other law firms, attorneys seeking to expand their practice, or firms looking to add expertise or geographic coverage. A carefully managed process addresses buyer qualifications, confidentiality, conflicts, staffing, client continuity, and the role the seller may want after closing.
Sales of law practices are subject to the professional-conduct rules of the applicable jurisdiction, including restrictions on ownership, client confidentiality, and client notice or consent. The parties and their legal advisers should determine the requirements for each transaction. You can also view law firms for sale to see the kinds of practices Synergy represents.
Considering a sale now or planning ahead? Register your law firm confidentially or contact Synergy Business Brokers. No upfront brokerage fees.