QLD - Southeast & NSW-Sydney CBD

Legal

Under Offers

QLD2131

QLD & NSW Legal Opportunity

Professional | Experienced | Quality

QLD - Southeast & NSW-Sydney CBD

- Litig. & Insolvency | Com. Advisory | Prop. & Conveyancing

- EBIT: $1.06m

- Current Matters: 174

- Directors: 2

- FTE: 11

- 25-year history

Page Information Memorandum 

40

This exceptional legal practice will generate $2.75m in professional fees FY22(F) and deliver a normalised EBIT of $1.06m.

Over the last 25 years, the business has developed high quality systems and processes and services a very loyal client base.

Importantly, the business has developed strong referral sources and a loyal and significant client base that consistently presents new legal opportunities for the practice.

The practice has two offices: one located in South-East Qld and the other in Sydney CBD.

The business commenced in 1997 and today has developed into the one of South-East Qld’s pre-eminent commercial litigation and insolvency practices, with a well-respected commercial advisory and transaction service.

To support the practice’s leading market position, the firm has a dedicated team of professional lawyers, who are focused on delivering quality outcomes for their clients.

Since 2018, revenue have climbed from $1.7M to around $2.75M FY22(F) and profitability has increased even more significantly, from $400k to $1.06m FY22(F).

The firm services a broad range of high-quality, sophisticated clients, many of whom have been repeat clients over the years.

The partners recognise that now is the time to pass the baton; to see new leadership take over the running of the business and continue the superior servicing of its valued clients.

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