Bankruptcy Bucks are Better.

$125,000

1033 total views, 3 today
Report problem

Law Firm Information:

CitySpringfield
StateIllinois
Zip/Postal Code62706
Primary Practice AreaBankruptcy Law
Secondary Practice AreaFamily Law
Tertiary Practice Arean/a
Geographical Practice Area -- By CountyLake County
Number of Clients in Client Base501-2,000
Number of Clients who Have Been Clients for 5 Years or More251-500
Number of Clients Served in the Last 12 Months101 - 250
Average Gross Revenue PER CLIENT During the Last 12 Months$2,501 - $5,000
Accounts Receivable Balance$10,001 - $50,000
Total GROSS Revenues in Most Recent Calendar Year$250,001 - $500,000
Total GROSS Revenues in Second Most Recent Calendar YearConfidential
Total GROSS Revenues in Third Most Recent Calendar YearConfidential
Firm Ownership StrutureProfessional corporation
Number of Lawyers in Law Firm with Ownership Interest1
Number of Lawyers in Law Firm with No Ownership Interest2
Ownership Interest Being Sold100% of a whole law firm
Seller's Willingness to Help Buyer During Transition Period After SaleWith compensation, help with client transition to new firm.
Seller's Willingness to Train Buyer to Learn Substantive Area of LawWith compensation, training can be provided.

Why a Buyer Should Be Interest in Seller's Legal Practice

Bankruptcy is a great practice to generate cash flow.

Description of Law Practice:

The firm handles between 150-250 clients each year. Chapter 7 and Chapter 13 are the bread and butter of the firm.

This is a demo listing used for illustration purposes only. This fictitious law practice is not for sale.

July 6, 2021 11:02 pm

8998 days, 12 hours

Listing ID 71760fb044401008 1033 total views, 3 today