Location: Surrey – 865

• Turnover obtained from Internally prepared Management Accounts for Year Ended 31^st May 2024, £630,895 (figures are subject to change).  Work-In-Progress in the order of £800,000.
• Fee Received for the Year Ended 31^st May 2023 £646,440.
• Fee income for the Year Ended 31^st May 2022 £510,113.

• Current Work Types:
• General Claims Divorce, Children, Bad Debt, Contract Dispute, Motoring.
• Professional Negligence Claims against Solicitors.

• There is a pipeline of Pro Neg Claims guaranteed via an associated company but not yet accepted.

• Headcount:  Fully staffed.

Brief Terms for the Sale of Law Practice:

1. Offers invited
2. The acquirer to be the Successor practice.
3. Consultancy available:  On-going working status / arrangements and remuneration to be negotiated.
4. Employed members of staff:  To transfer as employees of the LLP.  Senior partner to fully retire on sale of the business.  Junior partner (non equity) to offer consultancy services only.
5. Money held in Office Bank Account does not transfer to the acquirer.  Clients’ Accounts, both Current and Deposit will be reconciled and transferred to the acquirer.  Ongoing payments commencing the first day after date of transfer of the business will continue to be discharged by the acquirer.