Law Firm Information:
|Primary Practice Area||Bankruptcy Law|
|Secondary Practice Area||Family Law|
|Tertiary Practice Area||n/a|
|Geographical Practice Area -- By County||Lake County|
|Percentage of Legal Practice Involving Litigation||76% - 100%|
|Number of Clients in Client Base||501-2,000|
|Number of Clients who Have Been Clients for 5 Years or More||251-500|
|Number of Clients Served in the Last 12 Months||101 - 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 Year||Confidential|
|Total GROSS Revenues in Third Most Recent Calendar Year||Confidential|
|Firm Ownership Struture||Professional corporation|
|Number of Lawyers in Law Firm with Ownership Interest||1|
|Number of Lawyers in Law Firm with No Ownership Interest||2|
|Ownership Interest Being Sold||100% of a whole law firm|
|Seller's Willingness to Help Buyer During Transition Period After Sale||With compensation, help with client transition to new firm.|
|Seller's Willingness to Train Buyer to Learn Substantive Area of Law||With 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.
Exact Office Location Is Confidential
- Springfield Illinois 62706
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