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Legal Staffing - Intellectual Property Segment
Location: United States -> California -> Southern California - All Southern California -> Ventura County
Industry: Business Services > Staffing

Business Summary

Our client, a Silicon Valley favorite, is a seven year old staffing company specializing in the permanent placement of professionals in the intellectual property field of law. Among the firms our client represents are some of the finest intellectual property law firms, large international general practice firms, as well as technology corporations of all sizes including Fortune 500 technology companies such as Google, Apple, Amgen, and Hewlett Packard. The law firm placements include titles such as Technical Specialists, Patent Agents, Associates, Partners (with and without portable business), and all levels of in-house patent counsels, including Chief Patent Counsels and General Counsels.

Our client has developed an extensive database of IP professionals over a twenty year period in the Intellectual Property segment that provides both candidates and job orders for those candidates. This very specialized database and owner\counselors' industry knowledge distinguishes my client from other legal staffing companies.

My client's firm has an excellent expansion opportunity into the contingency staffing IP segment placing all categories noted above as well as paralegals etc. Legal Placements in the Intellectual Property space are very generous and our client had an AVERAGE placement fee of $36,000 in 2013. SDE for 2013 was $562,136 with Gross Sales of $1,217,500.

Owner will stay with company as General Manager of all operations. The firm is located in the Los Angeles, California area.


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,217,598
Cash Flow:   $562,136
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $15,000
Seller Financing:  Yes

About The Business

Year Established:  2007
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train
Reason For Selling:  Capture value and expand business with new owner

Print Listing Id: 700216234
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