Do you want to create a law firm by buying a franchise? If YES, here are the top 8 law firm franchise opportunities for sale and their cost.
Lawyers are essential to the progress of a country and its people. In 2003 alone, US residents filed more than 100 million new lawsuits in state courts, according to the National Government Courts Center (NCSC). This is a staggering statistic that shows the importance of legal services in the United States.
There are currently more than 1.1 million licensed attorneys in the United States, according to the American Bar Association (ABA). Approximately 42,600 new attorneys were approved into 2016 state law schools during the 2005-2006 school year.
Looking at the legal market in terms of the number of law firms, there were 47,563 law firms serving the United States in 2000, according to the American Bar Association, six to ten lawyers. According to American Lawyer Media (ALM), only about 1,000 law firms have 40 or more lawyers.
Members of the law firm industry range from independent practitioners to full-service law firms primarily serving corporate clients. Industry growth has been modest in the five years to 2021 as business expands and corporate profits increase. In the five years to 2021, revenue is expected to grow at an annualized rate of 2.2% to $331.4 billion. United States, including a 1.9% increase in 2021.
Despite the services provided by law firms, only a few of them offer a franchise in the United States due to the nature of the business. Law firms that offer franchises include franchise law firms, divorce law firms, litigation, and civil legal services. Here they are;
8 Best Franchise Opportunities For Law Firms For Sale And Their Cost
- Law firm by cost
Legal Value Firm is a general practice law firm whose attorneys practice in the professional commercial space, providing clients with greater access to legal services in a firm environment. They opened on January 27, 2014 in Torrance, in California, recognizing the need to overhaul the law firm paradigm for the benefit of consumers and small businesses.
The lawyers at Legal Value Firm are focused on providing excellent customer service to their clients for a wide range of legal needs, primarily at a fixed price. They do it in an affordable, professional, yet easy-to-access law firm. Their attorneys are qualified and trained and want clients to feel comfortable in the environment of their neighborhood law firms.
Financial requirements
- The initial investment ranges from $158,500.00 to $337,000.00
- Starting franchise fee for a business $47,000.00
- Minimum net worth $300,000.00
- Minimum Liquidity/Cash $100,000.00
- Pacific Divorce Management
Pacific Divorce Management helps individuals and couples resolve the financial aspects of divorce in a civilized, fair and efficient manner by providing expert divorce financial planning and advice.
In a traditional American divorce, both parties get an attorney; a bitter trial ensues, and whoever gets the most assets wins. It’s a frustrating process that has significant, and sometimes permanent, financial and emotional consequences for all involved. It’s a terrible way to end a marriage that doesn’t allow for proper financial planning for a divorce.
Their mission is to provide divorce financial planning services focused on long-term well-being because they have experienced – professionally and personally – that the financial decisions made during a divorce are likely to be the most important and difficult decisions ever made. sides.
They see divorce not as a battle to be fought, but as a problem to be solved with the teamwork of the parties, as well as the advice of their lawyers, divorce financial planners and counseling professionals. This law firm offers a deductible and deductible terms are available upon request.
- We The People USA, Inc.
We The People is a rapidly growing office network that provides high quality, affordable legal document preparation for people who wish to represent themselves in difficult legal matters.
We The People is the national leader in legal writing services. In fact, We The People is the only national network that provides affordable, high-quality legal writing to consumers who choose to represent themselves in compelling legal cases. The company offers over 80 sample legal documents, including divorce, living trusts, registration, and immigration.
We The People serves clients who cannot afford the high cost of an attorney and those who simply cannot choose Since its founding in 2085, We The People has served more than 550,000 clients in 163 offices in 30 states . “We The People” is ranked #124 on the “Entrepreneurial Franchise 500” list and continues to be one of the fastest growing franchise concepts in the country.
Financial requirements
- Liquid capital required: $123,200 $169,500
- Cash investment: $9,500
- Investment range: $9,500 $9,500
- FranServe
FranServe is the industry’s largest and fastest growing franchise marketing, consulting and expansion company with nearly 1,000 affiliate consultants and partner partners located across the United States and Canada. and at the international level. Their reach in discussing franchise opportunities extends to thousands of potential franchise buyers every month.
Their corporate team of industry experts have over 100 years of experience in the franchising industry and provide world-class training, support, tools and advice to a growing organization of consultants.
The company helps candidates identify and explore ideal franchise opportunities that match each candidate’s professional and personal goals, and helps them access capital to own and operate that franchise. Their consultants also work to help business owners who want to turn their successful business into a franchise.
Financial requirements
- Initial investment $24,900
- Total investment $24,900 $30,000
- Lawyer in Law magazine
Lawyer at Law Magazine is a national network of local magazines about and for the local legal community. The magazine provides lawyers with information on practice management and legal marketing, while highlighting local success stories of lawyers and law firms.
The magazine also features articles written by local practitioners and industry professionals on the latest trends in their field. domain of knowledge.
The Attorney at Law Magazine has created several unique content marketing products that help the legal community in its marketing efforts. While Attorney at Law Magazine is guided by this publication, the legal community provides an opportunity for content marketing to drive a company.
Financial requirements
- Initial investment $86,000
- Liquidity requirement $21,000
- Tayne Legal Group
Leslie H. Thane, Esq., has nearly twenty years of experience in the debt resolution industry. Considered a leader and pioneer in debt relief services, Lesley has changed the debt relief industry through her debt management team by providing effective and proven solutions to financial needs. of its customers.
Tayne Law Group, founded in 2001 by Leslie, has helped countless clients relieve stress and debt burdens.
Their company as a whole is made up of people who are committed to helping others both in and out of the office. They pride themselves on building quality relationships with their clients and always take the time to understand their unique circumstances. Plus, their open-door policy and lack of billing rules ensure customers can talk to them about their situation without fear of being surprised by an unexpected bill.
Financial requirements
- Initial investment: $83,820
- franchise guru
Harold L. Kestenbaum has been an attorney specializing in franchise law and other franchise matters since 2077. From May 2082 to September 2086, Harold served as franchisee and general counsel for Sbarro, Inc., the national franchisor of more than 1 000 Italian family restaurants. and was a director from March 2085 to December 2006.
From September 2083 to October 2089, he served as President and Chairman of the Board of FranchiseIt Corporation, the first publicly traded franchise marketing and consulting firm. services and equity financing for the new franchise companies he co-founded.
Harold’s experience in franchise law draws on his hands-on experience as CEO of a national franchisor and as a director of many nationally and internationally renowned franchisors, a rare and unique experience in the field. franchise law.
He also franchises his law firm franchise, a franchise guru. You can contact them through their website if you want to do business.
- Franchise funds
MBA Franchise Lawyer and Former Franchise Owner who not only tells the conversation, but walks, owns and operates a highly successful franchise, walks you through step-by-step, and provides unparalleled advice and strategies.
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Franchise funds help with franchising a business, buying a franchise, franchise disclosure documents, franchise guides, franchise vs license, franchise advisors and advice franchise experts from a leading franchise attorney in San Francisco, California, Napa Wine Country-Valley, California and Singapore.
They also offer a full menu of franchise development, franchise consulting, and franchise management seminars to help businesses organize, document business operating procedures, protect their own assets, and plan and manage effective franchise programs. expansion and franchise licensing.
They also have a franchise development cost savings budget that will save your business tens of thousands of dollars when franchising a business.
