Law Firm & Legal Practices for Sale in Los Angeles County, CA
Los Angeles County, California
Law Firm & Legal Practice
2 results for "Law Firm & Legal Practice" businesses in "Los Angeles County, California"
Los Angeles County, California
Law Firm & Legal Practice
2 results for "Law Firm & Legal Practice" businesses in "Los Angeles County, California"
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Established LA Employer-Side Firm with Monthly Retainer Client
$ 450,000
CF : $ 705,000
Established California civil litigation practice focused on employer-side labor and employment defense, available to a qualified California-licensed attorney or firm looking to acquire a running book of business rather than build one. The practice is anchored by a long-term monthly retainer with a business client, currently running into 2028, covering active employment litigation and ongoing general advice. Beyond employment defense, the practice handles business-to-business disputes, class actions, real estate trials, appeals and writs, mediation, and arbitration. An active matter is also approaching mediation. Annual revenue is approximately $700,000 based on bank deposits. The practice operates virtually with no office lease, keeping overhead low, and is supported by one experienced full-time contract paralegal. Financial statements, bank records, and client engagement agreements are assembled and available for review after an NDA. The owner is selling for personal reasons and is committed to a transition period to introduce the buyer to clients and ensure continuity of representation. This is an ideal opportunity for an employment defense attorney or small firm seeking immediate cash flow and an established client relationship. Buyer must be licensed to practice law in California. Proof of funds required. Client notification will be handled in accordance with California Rule of Professional Conduct 1.17.
Los Angeles, California
Immigration Law Practice with Steady Client Base – Well Established!
$ 275,000
CF : $ 107,490
This south Los Angeles County legal practice specializes in immigration matters, including visas, renewals and the citizenship process. This well-established 30 year old practice primarily deals with one of two types of cases, which include an adjustment of status for those with a student or tourist visa to permanent resident (aka green card) status, and provision unlawful resident waiver cases. In either scenario, both types of cases are often referred by family members that may have gone through the immigration process themselves, which creates an attractive recuring client and referral base. Cases are billed at $4.5k and $8k respectively, plus the applicable government filing fees. Consultations are billed at $100, while new clients are onboarded with a $1k retainer, plus $500 billed monthly, creating consistent monthly recurring revenue. At any given time, the practice estimates that they have 40 provisional waiver cases in process, with another 25-30 adjustment status cases in the works – with the latter cases taking an average of 3.5 years to be adjudicated. This specialty practice operates out of a small office that rents for $1,225 per month on a month-to-month lease. Staff include one legal assistant and one office manager that performs bookkeeping and other administrative tasks, both of which work from the office. Though Spanish language ability may be helpful, the seller is not a fluent speaker and receives assistance from a bilingual staffer. All of the practice’s furniture, fixtures, equipment and goodwill will be included in the sale. While competition exists on several levels, this practice has enjoyed a steady stream of new clients over the years from a combination of prior client referrals, Yelp reviews, and organic search placement. The practice does derive a number of cases from a few different ethnic communities, neither of which counsel has any direct language or cultural ties to. New management will likely wish to maintain the practice’s current trajectory, or add legal assistants or attorneys to expand the caseload beyond immigration matters and into family law or other complementary areas. An existing legal practice can incorporate this firm’s cases and referrals into their office, or given the flexible, low-cost lease they may maintain the existing office to provide additional geographic coverage or to house their immigration matters.
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