Get an instant, indicative range for a Victorian law firm β based on your practice area and annual fees β then request a confidential formal appraisal. No email needed for the estimate.
A rough goodwill range using the fee-multiple method common for small practices. It's a guide only β the real number depends on many factors (see below).
Goodwill as a multiple of annual fees. Sticky, recurring work (wills, conveyancing) commands a higher multiple than one-off matter work (family, litigation). Used above.
Goodwill as a multiple of adjusted profit β after paying the working principal a market salary β typically ~1.5β3Γ for small firms, tempered by key-person risk.
The estimate above is a rough guide. For a real number β and a plan to realise it β request a confidential appraisal. Broker + lawyer led, NDA before any detail is shared.
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ORLA Practice Sales Β· Melbourne Finance Brokers Pty Ltd t/a ORLA Portal, ABN 74 151 721 112. General information only, not legal, financial or valuation advice.