Established Legal Tech Consulting Firm, Niche Software Specialist

Legal services for sale in Los Angeles Metro

Asking price

$500,000

Revenue

$412,781

Cash flow

$275,812

About this business

Who this is for: This business is a fit for buyers who already work in legal technology, such as consultants, vendors, or firms that serve large law firms' practice management, time and billing, or financial systems. Familiarity with the major big-law platforms is effectively required. Buyers without legal-tech experience are unlikely to be successful here.

The business: A fully remote consultancy that has specialized for 30+ years in one of the two dominant practice management platforms used by large law firms. It has been an authorized service partner of the platform's developer since the software launched in 1995. Services include version upgrades (~40% of revenue), custom reporting (~25%), bill formatting (~15%), customizations (~15%) and training (~5%). Revenue has held with about 100 law firms served over the past five years.

How it grows: Beyond the owner's own billable work, the firm has placed specialist consultants on long client engagements and kept a margin on their billings. One such engagement generated roughly $500K over two years. That consultant remains available. A buyer with a bench of practice management consultants can scale this model directly.

Ideal acquirer: Consultants or vendors serving the other major platform who want to expand into this one, or existing legal-tech service firms active in the industry's conferences and user groups.

Transition: Up to 12 months of owner support, including personal introductions to each client, transfer of custom code and tools, full billing history, and on-call help. Clients tend to return on a 3–5 year upgrade cycle. The top five clients are about 75% of revenue, so relationship continuity matters from day one.