CLEVELAND, Nov. 15, 2018 /PRNewswire-PRWeb/ -- Entrepreneurs Tom Jenkins and Mike Jagunic are preparing to launch the Law Firm Marketplace—an interactive online network for selling and buying law firms and practices. Unlike anything available, the Live MarketPlace connects law practice buyers and sellers directly, eliminating the middlemen while simultaneously protecting the confidentiality of all parties.
Open only to active attorneys, the Live Marketplace offers members a searchable database of sales listings and confidential buyer profiles. Users can narrow their search by legal specialty, region, price, financing options, and more.
"Attorneys tend to be business savvy and strong negotiators," said Thomas L. Jenkins, ABI, founder of LFMP. "This means that many attorneys don't need a broker to make their deal for them. All they need is help finding a compatible buyer or seller. The Live MarketPlace lets them do that with ease."
MarketPlace members also receive access to LFMP's menu of à la carte sales tools, including business valuation, market analysis, listing and marketing assistance, and financing options. These services make it possible for anyone to buy or sell a law firm without having to pay an exorbitant broker commission.
"The Live MarketPlace is for all lawyers, not just the business experts," said LFMP partner Michael H. Jagunic, Esq. "Members are free to dive right in, find a compatible buyer or seller, and close the deal. But that's not everyone. Some members don't know where to start, or don't know how to value their practice, or just need advice along the way. LFMP can help any stage of the sale process."
Jenkins added that he is available to act as a full-service Accredited Business Intermediary for those who wish to follow the traditional broker route. "LFMP is about empowering attorneys to pass on their legacy or expand their practice. How we accomplish that is up to you."
About Law Firm MarketPlace
LFMP is a Cleveland, OH business dedicated to facilitating smooth law practice transitions for both buyers and sellers. Passing on your legacy or expanding your practice should be simple, profitable, and done on your own terms. LFMP offers direct B2B interactive resources, flat fee services, and full business broker representation.
SOURCE Law Firm MarketPlace
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