This firm provides family law-related services throughout
the state of Connecticut, catering to various legal needs
including divorce, custody, mediation, living wills & estate
planning, as well as consulting services. This firm employs
a dedicated team of 11 staff members comprising the
office manager, four lawyers, three paralegals, an
administrator, and a receptionist. The seller delegates
caseloads among staff and manages productivity. Owner
has very low caseload which can be easily absorbed by
the legal team. Owners’ role is more growth & vision. To
show good faith, the owner is willing to offer a 10%
promissory note plus a 10% equity roll. The firm’s case
breakdown reveals a strong focus on divorce proceedings,
which is approximately 70% of their caseload, custody
applications make up about 25% of cases, with the
remaining 5% in other legal matters and mediation
services. Operating from two locations, with a 3rd on the
way, allows for strategic positioning which enables them to
serve a broad clientele across Connecticut effectively.
Unfortunately, the divorce rate has more than doubled in
the US since 1990. To ensure a smooth transition for a
new owner, the seller has committed to providing a
transition period of two years based on buyer preference.
Growth opportunities include geographical expansion and
marketing in new territories within Connecticut or even
beyond state lines.