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About this Practice

Location: Tyne & Wear

Two equity partner, long established law practice situated in a prestigious location in the county of Tyne & Wear.

The practice undertakes a variety of work – predominantly privately paid, however, with a small element of Legally Aided work.  Work types to include:

  • Conveyancing – commercial
  • Conveyancing – residential
  • Wills, Trust, Probate & Estate Administration
  • Matrimonial / Family
  • Employment
  • Contentious – Civil and Commercial work.

The practice places a huge importance on building and establishing client relationships, developing their team and creating a very modern and agile working environment.

The following has been extracted from the firm’s Year End Accounts, prepared by the firm’s external accountants:

Year End: 31st March   2020 2019
  £ £
Fee Income 1,610,703 1,660,764
Bank Interest received 4,717 2,309
Rent receivable 0 0
Sundry income 0 0
Gross Income 1,615,420 1,663,073

 

Figures extracted from Internally prepared Management Accounts for the Year Ended 31st March 2021:

£
Fee Income 1,539,354
Other income 17,721
WIP Adjustment 27,443
Bank interest received -1,139
1,583,379

 

Figure extracted from Internally prepared Management Accounts for the period 1st April 2021 to 30th September 2021 (6-months): Fee Income:  £898,631.

The partners estimate Work-In-Progress to be c £550,000.

Consultancy available post sale/merger etc of law practice.

RETURN TO PRACTICES FOR SALE