Lease Only
Wakefield, RI
Legal Services and Law Firms For Sale
Industry Info
Buy or Sell a Legal Service and Law Firm
Legal services businesses listed on BizBuySell include solo law practices, multi-attorney firms, legal document preparation services, and specialty practices in areas such as family law, immigration, estate planning, personal injury, and business law. These businesses typically generate revenue through hourly billing, flat-fee services, retainers, and contingency-based arrangements. Many listings feature established client bases, bar-licensed attorneys, referral networks, and long-standing reputations in their local markets. Some operations also include office space, support staff, or proprietary case management systems—offering buyers a turnkey opportunity with recurring revenue and growth potential in the professional services sector.
| Market Overview | Listings for Sale (Median) | Total Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 61 | 159,731 |
| Asking Price | $599,000 | - |
| Reported Revenue | $861,150 | $3,483,393 |
| Reported Seller's Discretionary Earnings | $315,000 | $313,505 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
For more in-depth sales and profitability data see:
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $375,000 | $599,000 | $1,125,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Legal Services and Law Firms for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $421,672 | $175,000 |
| Median | $861,150 | $315,000 |
| Upper Quartile | $1,711,910 | $562,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Legal Services and Law Firms listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.61 | 1.71 |
| Median | 1.00 | 2.44 |
| Upper Quartile | 1.38 | 3.16 |
FAQ's
How much does it cost to buy a Legal Service and Law Firm?
The median asking price for an established Legal Service and Law Firm is $599,000, though prices range from under $375,000 to well over $1,125,000.
How much do Legal Services and Law Firms owners earn?
The median reported revenue of Legal Services and Law Firms is $861,150 and owners earn a median of $315,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Legal Service and Law Firm?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Legal Services and Law Firms, revenue multiples range from 0.61 to 1.38, with a median of 1.00. Earning multiples range from 1.71 to 3.16, with the median at 2.44. This means the typical Legal Service and Law Firm may ask for around 1.00 times its annual revenue, and 2.44 times its annual owner earnings.
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