Tampa, TX
$199,899
Tampa, TX
$199,899
Salinas, CA
$1,200,000
Englewood, CO
$420,000
Hollywood, FL
$600,000
Orlando, FL
$375,000
Minnesota
$475,000
Camas, WA
$375,000
Monterey County, CA
$295,000
Indiana
Cash Flow: $104,291
Austin, TX
$6,990,000
Available Nationwide
$100,000
Lee County, FL
$225,000
Sacramento, CA
$900,000
Nashville, TN
$1,195,000
Cherry Hill, NJ
$700,000
Daz Connell
Murphy Business & Financial Corporation
Serving Bergen County, NJ
Daz Connell has been awarded as a Top National Producer and Multi-Million Dollar Broker for the last 8 years running- 2016-2023. Daz has consistently ranked in the Top 10 nationally for business sale transactions, covering several industries. He's also a fellow entrepreneur who is 3x INC 500 Award Winner for Business. Murphy is the largest (IBISWorld 2015) and most successful business brokerage firm in North America with offices conveniently located throughout the United States and Canada. We are members of virtually all associations, group listing services and networks that exist in the business brokerage industry. We have unsurpassed access to buyers and sellers nationwide. Our proven process and system provides our clients a higher closing ratio than national averages. We promise that you will not find a more complete, thorough professional experience as the one Murphy Business and Financial Corporation can provide. Daz covers New Jersey and New York with a vast network of Buyers and Professionals (Attorneys, Accountants, Lenders) to ensure the sale of your business.
Key West, FL
$1,250,000
Portland, OR
$4,485,000
Orlando, FL
$2,950,000
New Port Richey, FL
$300,000
Chester County, PA
$100,000
Available in Multiple Locations
$50,000
Broward County, FL
$75,000
California
Louisville, KY
$1,200,000
Dallas County, TX
$405,000
Omaha, NE
Cash Flow: $434,800
Peoria County, IL
$349,000
Hillsborough County, FL
$900,000
Ohio
Cash Flow: $664,000
Passaic County, NJ
$499,000
Available in Multiple Locations
$75,000
Alabama
$725,000
Atlanta, GA
$2,800,000
California
$500,000
Colorado
$1,800,000
Available in Multiple Locations
$97,500
San Diego County, CA
$305,000
Lecanto, FL
$849,900
Bensalem, PA
$749,900
Shawano, WI
New Port Richey, FL
Berlin, NH
$269,900
Law firms and legal services businesses listed for sale on BizBuySell offer a variety of services focused on providing legal guidance, ensuring compliance with regulations, and protecting client interests. These firms typically specialize in areas such as business law, dispute resolution, litigation, estate planning, criminal defense, personal injury, immigration, and corporate law. Some businesses may not be law firms but focus on legal support services or document preparation.
If you are in the market to buy or sell a law firm or legal services business, it’s important to understand how these businesses perform financially, and how they are valued in the business for sale market. To help you get started, we have aggregated data from law practice and legal service business for sale listings to surface typical financials as well as revenue and earnings multiples based on asking prices. These values can provide relevant context when evaluating individual businesses.
Market Snapshot
Number of Business Listings Analyzed | 80 |
Median Asking Price | $624,989 |
Median Reported Revenue | $641,190 |
Median Reported Earnings | $265,913 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Law Firm & Legal Services Business Valuation Multiples
Range | Revenue | Earnings (SDE) |
Lower Quartile | 0.71 | 1.50 |
Median | 0.98 | 2.55 |
Upper Quartile | 1.38 | 3.43 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Law Firm & Legal Services Business Valuation Benchmarks
FAQs
How much does it cost to buy a law firm?
Prices vary depending on the size of the business listed, but the median asking price for a law firm or legal services business is $624,989.
How much do law firm business owners earn?
Law firm or legal services business owners report median annual sales of $641,190 and annual owner earnings of $265,913. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a legal practice?
Valuing a legal practice or legal services business involves considering several factors, including annual sales, profit, growth (or decline) trends, and demographic trends of the local market. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Revenue multiples among law firms and legal services businesses listed for sale range from 0.71 to 1.38, with the median at 0.98. Earnings multiples range from 1.50 to 3.43, with the median at 2.55. These values suggest the average law firm or legal services business in the U.S. may sell for around 0.98 times its annual revenue, and 2.55 times its annual owner’s earnings.
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