Collaborative Family Law With Niche In Mediation

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. Unfortunately, the divorce rate has more than doubled in the US since 1990. 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. 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 with a very low caseload which can be easily absorbed by the legal team. Owners’ role is more growth & vision. To ensure a smooth transition for a new owner, the seller has committed to providing a transition period of 1-3 years based on buyer preference. Additionally, the owner is willing to offer a 10% promissory note plus a 10% equity roll or earn out. Growth opportunities include geographical expansion and marketing in new territories within Connecticut or even beyond state lines.