GTA Financial Services and Governance Practice

BANKING/FINANCIAL INSTITUTION SERVICES AND GOVERNANCE PRACTICE - Western GTA - New on the market 

This 2 lawyer practice is located in the Western GTA and specializes in Banking/Financial Institution Services and Governance.  The practice also handles Wills/Estates, Charity and Non-Profit law and a small amount of Real Estate and Coporate Commercial law.

Overhead is minimal due to an office sharing plan and a tight cap on expenses.  The Wills/Estates practice is expanding rapidly and there is a system of referrals for work outside the present areas of practice.

The intention is for one of the lawyers to retire now, while the 2nd lawyer intends to keep working in the practice for at least five years. 

The sellers envisage a scenario where the purchaser takes over the retiring lawyer's share of the joint Banking/Financial Services practice, and receives from the 2nd lawyer an option to purchase the 2nd lawyer's entire practice upon their retirement.

This is a great opportunity for a lawyer who has existing experience in Banking/Financial Services and Governance but lacks a full client base.