Getting ready to retire or take down your shingle? Looking to expand your practice or relocate within Illinois? Use the listings below to see what opportunities are available to purchase an existing practice. The service is available to all lawyers—rural or urban, boutique or general, solo practice or firm.
For Sellers
If you are selling your practice and wish to include it in this listing, click on the button below to fill out a form detailing your practice. After payment of a small listing fee, the form will be posted on this webpage in its entirety. However, the seller’s name will remain confidential. If a prospective buyer is interested in purchasing the practice, they will contact the ISBA and the ISBA will provide them with the seller’s name and contact information. The seller and prospective buyer are then free to communicate with each other (or not) with no other involvement of the ISBA.
For Buyers
If you are looking to purchase an existing practice, review the available listings below. If you are interested in pursuing an available opportunity, contact the ISBA at practiceforsale@isba.org or call 800-252-8908 and you will be given the seller’s information so you may contact them directly. There is no financial obligation to you for making the call.
Related Resources
Listings
ISBA Reference Number: 21
County: Warren Circuit: 9
Geographic area served by the practice: Northwestern Central Illinois Henderson, Warren, Mcdonough, and Knox Counties
Practice Area(s): General Practice, Wills, POAs, Real Estate, Evictions, Business Law, Family Law.
More information about this practice
Approximate monthly cash flow: 30,000
Gross revenue for each of the last three years: 2022 - $329,646; 2023 - $288,959; 2024 - $268,576
Number of currently employed nonlawyer office staff: 2
Number of currently employed lawyers: 1
Year when practice established: 1973
Reason for selling: Retirement
Is transition assistance available? Yes
ISBA Reference Number:20
County: Cook Circuit: Cook
Geographic area served by the practice: Entire State of Illinois
Practice Area(s): civil litigation, primarily subrogation and commercial litigation
More information about this practice
Approximate monthly cash flow: $30,000 to $48,000
Gross revenue for each of the last three years: approximately $350,000 to $580,000 over the last 7 years
Number of currently employed nonlawyer office staff: 2+
Number of currently employed lawyers: 1, just me
Year when practice established: 1993
Reason for selling: Retirement
Is transition assistance available? Yes
Please provide any additional information you would like a prospective purchaser to know: Many long term clients with consistent repeat referrals. Long term employees would make the transition easy since they already know their responsibilities. Experience and reputation lead to successful case results and great growth potential.
ISBA Reference Number: 19
County: McHenry Circuit: 22
Geographic area served by the practice: Primarily McHenry County which is the Northwest suburb of Chicago
Practice Area(s): General Civil Practice, Personal Injury, Eminent Domain, Civil Litigation, Real Estate and Business Transactions including Zoning and Development, Personal Trusts, Estate Planning and Probate.
More information about this practice
Approximate monthly cash flow: $49,000 monthly average for past 5 years excluding the year 2022 see below.
Gross revenue for each of the last three years: 2024 at 604,000; 2023 at 595,467; 2022 at 1,373,000; 2021 at 773,827
Number of currently employed nonlawyer office staff: one and a half
Number of currently employed lawyers: 2 including myself
Year when practice established: 2018
Reason for selling: Retirement. I started practice in 1982. I had partners from 1990 until 2018 when I became a solo practitioner.
Is transition assistance available? Yes I would be happy to assist in a transition to introduce the future owner to existing clients.
Please provide any additional information you would like a prospective purchaser to know I have been privileged to represent clients with a wide variety of legal needs. I have always undertaken a wide caseload because the variety has made it possible to have a successful practice no matter what the economy did. Although I was not raised here I have been privileged to have a long standing relationship with many people in McHenry County. In some cases I have worked with up to four generations from the same family over the years.
In addition, I own a building that is currently one third the law practice and two thirds occupied by good tenants. The building will be for sale but does not have to be purchased as part of the law practice.
ISBA Reference Number: 18
County: Cook Circuit: Cook
Geographic area served by the practice: Greater Chicago area serving North, Northwest and West Suburban areas.
Practice Area(s): Probate and non-probate administration; fiduciary income tax and estate tax preparation and audit practice; Estate Planning; residential and commercial real estate transactions including sales, purchases, development, management; corporate and LLC organization; small business sales and acquisitions.
More information about this practice
Approximate monthly cash flow: $8,350
Gross revenue for each of the last three years: 2021 - $106,453; 2022 - $103,498; 2023 - $101,092
Number of currently employed nonlawyer office staff: None
Number of currently employed lawyers: 1
Year when practice established: 1970
Reason for selling: Retirement
Is transition assistance available? Yes The only time limitation being due to my wife's health situation.