Law Practices for Sale
British Columbia and Alberta
IMPORTANT INFORMATION RE: BUYER REQUIREMENTS
IF YOU ARE NOT A MEMBER IN GOOD STANDING OF A LAW SOCIETY OF A CANADIAN PROVINCE YOU CANNOT PURCHASE A LAW PRACTICE IN
CANADA
A buyer must be a legally qualified Canadian lawyer in order to be legally eligible to purchase a practice. You must be a member of the the Law Society of the Province of sale or eligible for membership in said Law Society prior to purchase.
If you are unable to provide proof of your Law Society membership you will not be provided any information on any practice listed below.
CALGARY ALBERTA LAW FIRM
This longstanding practice is a small firm with an excellent reputation in the community and loyal repeat clientele. The legal work is approximately 80% solicitor-based, with a focus on Corporate/Financing/Securities, Wills/Estates and Real Estate. There is also some Oil & Gas, Employment Law and IP work. General Litigation composes 20% of the practice.
There is a large wills bank and approximately 700 corporate reports are prepared annually.
There is opportunity for expansion in all practice areas. The premises are on the top floor of a Beltline building and have room for additional lawyers and staff.
The practice would be suitable for a small to mid-sized firm wishing to expand to the Calgary area. The sellers are willing to provide a substantial transition period to the incoming lawyers.
OKANAGAN VALLEY - WILLS/ESTATES AND CORPORATE PRACTICE
Operating in the North Okanagan Valley since 1995, this practice is unique in its high-end mix of Wills/Estates and Corporate Commercial law. There is a significan Wills bank and approximately 250 corporate clientele
The practice can easily expand to incorporate Real Estate and Litigation work, which are currently referred out.
The main premises can accomodate up to 3 lawyers while a nearby satellite office can accomodate 2 lawyers. The seller owns the main office which the buyer can either lease or purchase. (Note: Ms. Geiger is not a realtor and does not handle real property transfers - if there is interest in purchase of the premises she can refer you to the seller's agent).
The Okanagan boasts a sunny climate with a network of lakes and rivers surrounded by rolling hills. This is a fantastic opportunity to enjoy world class skiing, golfing and other outdoor sports - as well as wineries - at your doorstep, without sacrificing an urban lifestyle with excellent commercial and municipal support services.
ESTABLISHED SOLICITOR'S PRACTICE - WEST KOOTENAYS REGION
This busy established practice is almost equally divided between Real Estate and Wills/Estates with about 5% corporate commercial work. There is a significant Wills bank, and Estate Administration work is in a growth phase.
The area is underserviced in all areas of practice including family and litigation, such that there is almost unlimited expansion potential.
The right buyer would enjoy living in a smaller community with a friendly, eclectic vibe and easy access to adventure in the surrounding mountains, lakes and rivers.
VANCOUVER ISLAND - COMOX VALLEY
Over 20 years in operation with a mix of Real Estate, Wills/Estates, Family Law and Civil litigation. Solid and consistent billings. Seller is flexible about transition and will mentor a junior with at least five years' experience.
CENTRAL ALBERTA PRACTICE - General Practice
This practice started 100 years ago and is located in the historic downtown core of this Central Alberta city. Practice mix is about 50% RE, Wills/Estates and Corporate/Commercial; the remainder is Family Law/litigation and Commercial litigation. Billings are in the high six figures and the profit is exceptionally profitable. The practice boasts fantastic staff, and the premises have space for an additional lawyer.
The seller is willing to contemplate the sale of the building. Please note that Ms. Geiger does not handle real estate sales and the seller will have a licensed realtor for any such transaction.
CENTRAL ALBERTA
This 2 lawyer practice was established in 1984 and consistently bills $8-900K annually. 70% Solicitor's work with emphasis on Real Estate, Wills/Estates and Corporate/Commercial - some Family law and general litigation. Trained staff and congenial sellers. This practice would suit lawyer(s) with approximately 5 years of experience an upwards although the sellers are prepared to consider mentoring a more junior lawyer(s).