Business Description

Established law firm specializing in foreclosures, bankruptcy, REO sales, personal injury, and worker's compensation is seeking acquisition. Known for its 30+ year stellar reputation, the firm primarily serves mortgage servicing companies, with a focus of 95% on foreclosures and bankruptcies. Despite a dip during the pandemic, foreclosures saw a significant 136.7% increase in 2022, with a continued upward trend. With 15 active clients, the firm generates a majority of its income from four primary clients and currently has 250 open files and 176 pending actions. The partners of the firm, after decades of independent management, are looking for a change and seek acquisition to leverage larger-scale operational efficiencies. They are keen on integrating with a more substantial firm that can benefit from their expertise and continue their employment during a transitionary period. The partners' decision stems from a desire to shift their professional rhythm and explore new opportunities within a larger organization. This strategic move align