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The Firm

Collaborative Family Law With Niche In Mediation For Sale

New Haven, Connecticut, US
Asking Price:
$2,950,000
Sales Revenue:
$2,391,725
Cash Flow:
$737,412

This firm provides family law-related services throughout
the state of Connecticut, catering to various legal needs
including divorce, custody, mediation, living wills & estate
planning, as well as consulting services. Unfortunately, the
divorce rate has more than doubled in the US since 1990.
The firm’s case breakdown reveals a strong focus on
divorce proceedings, which is approximately 70% of their
caseload, custody applications make up about 25% of
cases, with the remaining 5% in other legal matters and
mediation services. Operating from two locations, with a
3rd on the way, allows for strategic positioning which
enables them to serve a broad clientele across
Connecticut effectively. This firm employs a dedicated
team of 11 staff members comprising the office manager,
four lawyers, three paralegals, an administrator, and a
receptionist. The seller delegates caseloads among staff
and manages productivity with a very low caseload which
can be easily absorbed by the legal team. Owners’ role is
more growth & vision. To ensure a smooth transition for a
new owner, the seller has committed to providing a
transition period of 1-3 years based on buyer preference.
Additionally, the owner is willing to offer a 10% promissory
note plus a 10% equity roll or earn out. Growth
opportunities include geographical expansion and
marketing in new territories within Connecticut or even
beyond state lines.

Property Information

Real Estate:

Real Property Included

Business Operation

Expansion Potential:

Expand geographically in order to
market in new territories – 3rd location coming soon

Reasons for selling:

Bring on a new owner to continue to
grow, while the seller remains an equity holder

Employees:
11 on staff including an office manager, 4 Lawyers, 3 Paralegals, an Administrator, and Receptionist
Years established:
2007

Other Information

Support & training:

1-3 years depending on the buyer’s
preference

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

10% Seller Financing
10% Equity Roll or Earn Out

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