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About The Law Practice Exchange

The Law Practice Exchange

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Lawyerist Rating for LPE

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Rating Breakdown

Our Rating: 4.6/5

Our rating is based on our subjective judgment. Use our resources—including our rating and community ratings and reviews—to find the best fit for your firm.

4.6/5

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What is The Law Practice Exchange?

Whether you’re buying or selling a law firm, Law Practice Exchange helps lawyers value their businesses. They offer a la carte consulting services, as well as brokerage services. Both products are a boon to attorneys who classically have not understood the value their firms possess.

Starting Cost: Custom

Pros
  • Easy setup
  • Legal Specific
  • National Reach
Cons
  • Not Available 24/7
  • No App
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The Law Practice Exchange Features

Customer Experience & Support

/5

Price & Value

/5

Security

/5

Innovation & Future-Proofing

/5

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The Law Practice Exchange Demo

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The Law Practice Exchange Video

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Product Details

Website
https://thelawpracticeexchange.com
Consultant Type

Core Features

For Consultants, the following are essential features, and you should therefore expect to see a check in every box in this section.

Yes
No

Document Migration Specialists

Document Automation Specialists

Frequently Asked Questions

What is the price of The Law Practice Exchange?

Law Practice Exchange is a custom product with a custom price. We suggest you contact them directly to determine fees.

What services does The Law Practice Exchange provide?

LPE connects buyers and sellers of law firms with each other. They can help you list your firm and determine its value, or they can help you find a firm to buy in any part of the country.

Will I need to port my number?

LPE is not a virtual receptionist, so there is no need to port your number.

Will The Law Practice Exchange work with my CRM?

LPE is not part of the intake process, so there is no need to integrate with your CRM or LPMS.

Does The Law Practice Exchange offer bi-lingual services?

As LPE is not a virtual reception service, they do not provide bilingual answering services.

Does The Law Practice Exchange have an app?

Law Practice Exchange does not offer an app, but it does have listings of firms for sale on its website.

Is The Law Practice Exchange focused on the legal field?

Yes. Law Practice Exchange, as the name suggests, is just for the legal field. They specialize in the valuation, purchase, and sale of law firms.

What are The Law Practice Exchange's hours?

You can contact LPE during normal business hours.

Does The Law Practice Exchange offer virtual assistant services?

No. LPE is not a virtual assistant service.

Is The Law Practice Exchange good for solos?

Yes. Law Practice Exchange is good for any number of law practices. Those who are looking to grow their businesses through acquisition will find offerings on their website. Those looking to retire can find help monetizing what they have built. Whether you are a solo, or a small to medium-sized firm, LPE can likely help you.

Additional Details about The Law Practice Exchange

Full-Service Broker

LPE helps you throughout the buy/sell process. Their toolbox includes valuation services, deal structuring, and due diligence. They assist throughout the process, offering best practices guidance from listing and marketing to the closing process.

No Upfront Fees

LPE only gets paid if a sale closes. A success fee of 1.5% is applied only upon the successful closing. LPE also offers optional fixed-fee advisory services tailored to assist sellers in achieving a successful law firm sale.

Who The Law Practice Exchange is for

Law Practice Exchange is for anyone looking to buy or sell a law firm in the United States. With their online service, you can browse available firms and learn more about valuing your firm. More importantly, for some who aren’t actively looking to sell their practice, you can learn what aspects of your practice will add the most value to your firm.

Not sure where to begin? Download our Field Guide

Take the guesswork out of researching, purchasing, and implementing the right legal tech products and services for your law firm. Our Field Guide answers your essential questions and breaks down the features most important to your business, so you can buy with confidence.

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The Law Practice Exchange Community Reviews

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