{ "name": "successorpractice.co.uk Successor Practice Adviser Index", "title": "Successor Practice Adviser Index", "url": "https://successorpractice.co.uk/datasets/successor-practice-adviser-index/", "csv": "https://successorpractice.co.uk/datasets/successor-practice-adviser-index.csv", "markdown": "https://successorpractice.co.uk/datasets/successor-practice-adviser-index/index.md", "computed_at": "2026-10-28", "license": "https://successorpractice.co.uk/terms", "headline": "The median published figure in the Successor Practice Adviser Index is 2,312.50 GBP across 2 sources' own pages in GBP (range 650 to 3,975 GBP; 3 sources publish a figure), read 28 October 2026.", "quotes": [ "The median published figure in the Successor Practice Adviser Index is 2,312.50 GBP across 2 sources' own pages in GBP (range 650 to 3,975 GBP; 3 sources publish a figure), read 28 October 2026.", "3 of the 41 named sources read in full publish a figure; 38 publish none, read 28 October 2026.", "Successor Practice Adviser Index, figure run-off-multiple: median 225 percent across 1 source, read 28 October 2026.", "Successor Practice Adviser Index, figure valuation-fee: median 2,312.50 GBP across 2 sources, read 28 October 2026." ], "citation": "\"successorpractice.co.uk Successor Practice Adviser Index\", updated 2026-10-28, https://successorpractice.co.uk/datasets/successor-practice-adviser-index/.", "changed_since": null, "national": { "unit": "GBP", "n": 2, "median": 2312.5, "min": 650, "max": 3975, "p25": null, "p75": null, "mean": 2312.5, "units": { "%": 1, "GBP": 2 }, "published_sources": 3, "named_sources": 43, "read_sources": 41, "not_published": 38, "published_share": 0.073 }, "by_axis": { "figure": { "run-off-multiple": { "%": { "n": 1, "median": 225, "min": 225, "max": 225, "p25": 225, "p75": 225, "mean": 225 } }, "valuation-fee": { "GBP": { "n": 2, "median": 2312.5, "min": 650, "max": 3975, "p25": null, "p75": null, "mean": 2312.5 } } } }, "rows": [ { "source": "Lockton: what is run-off cover", "url": "https://global.lockton.com/gb/en/news-insights/what-is-run-off-cover", "figure": "225%", "value": 225, "unit": "%", "vat": null, "axis": { "figure": "run-off-multiple" }, "retrieved_at": "2026-10-28", "quote": "Most insurers charge between 225% and 400% of the preceding year's annual 'primary layer' (the compulsory £2m/£3m) PII premium.", "source_class": "primary-provider-own-site", "text_sha256": "d72dfd7b28ad82cb43950f9b4b3d34d291280cf40c673c3d0f54cf3cb056b671" }, { "source": "Armstrong Watson: law firm valuation", "url": "https://www.armstrongwatson.co.uk/sectors/legal-sector/mergers-acquisitions-disposals/law-firm-valuation", "figure": "£3,975 ", "value": 3975, "unit": "GBP", "vat": "ex", "axis": { "figure": "valuation-fee" }, "retrieved_at": "2026-10-28", "quote": "Desktop Valuation: From £3,975 + VAT (for firms up to 100 people).", "source_class": "primary-provider-own-site", "text_sha256": "fbced3a53d798c3477d7d39716786396dc1b9c5e66a9c0ca949e2594c475291d" }, { "source": "Ten Percent Group: valuation rough guide", "url": "https://ten-percent.co.uk/law-firm-valuations-a-very-very-rough-guide/", "figure": "£650 ", "value": 650, "unit": "GBP", "vat": "ex", "axis": { "figure": "valuation-fee" }, "retrieved_at": "2026-10-28", "quote": "The more pragmatic approach would be to use our valuation service, which starts at just £650 plus VAT – details here.", "source_class": "primary-provider-own-site", "text_sha256": "05b7bd5c4efa2678ee79df89f12f5af92202503965b4c225033ffa35056c609e" } ], "not_published": [ { "source": "Lockton: law firm mergers, liability issues", "url": "https://global.lockton.com/gb/en/resources/law-firm-mergers-an-overview-of-liability-issues", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "Lockton: solicitors PII", "url": "https://global.lockton.com/gb/en/products-services/professional-indemnity-insurance-for-solicitors", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Lockton: planning for retirement", "url": "https://global.lockton.com/scot/en/resources/planning-for-retirement", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Miller: guide to solicitors' PI run-off cover", "url": "https://www.miller-insurance.com/articles/news-and-insights/a-guide-to-solicitors-professional-indemnity-run-off-cover/", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Miller: buyer beware in legal M&A", "url": "https://www.miller-insurance.com/news-and-insights/latest-insights/solicitors/buyer-beware-in-legal-m-and-a", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Miller: M&A activity in law firms", "url": "https://www.miller-insurance.com/articles/news-and-insights/merger-and-acquisition-activity-in-law-firms/", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Howden: buying or merging another law firm", "url": "https://www.howdengroup.com/uk-en/buying-or-merging-another-law-firm-howden", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Howden: buying or merging, proceed with care", "url": "https://www.howdengroup.com/uk-en/buying-merging-law-firm-care", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Howden: the Solicitors Indemnity Fund", "url": "https://www.howdengroup.com/uk-en/solicitors-indemnity-fund-howden", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Howden: solicitors PII", "url": "https://www.howdengroup.com/uk-en/solicitors-professional-indemnity-insurance", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "Travelers: solicitors run-off calculator", "url": "https://www.travelers.co.uk/what-we-cover/professional-indemnity-insurance/solicitors-law-firms/run-off-calculator", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "Weightmans: successor practice rules", "url": "https://www.weightmans.com/insights/successor-practice-rules/", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "Armstrong Watson: legal sector M&A and disposals", "url": "https://www.armstrongwatson.co.uk/sectors/legal-sector/mergers-acquisitions-disposals", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Armstrong Watson: due diligence when selling your law firm", "url": "https://www.armstrongwatson.co.uk/news/2018/11/due-diligence-and-confidentiality-when-selling-your-law-firm", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Armstrong Watson: what's it worth", "url": "https://www.armstrongwatson.co.uk/news/2019/08/whats-it-worth", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Herrington Carmichael: selling or buying a law firm", "url": "https://www.herrington-carmichael.com/selling-or-buying-a-law-firm-legal-considerations-in-law-firm-ma-transactions/", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Richard Nelson LLP: closing a law firm", "url": "https://www.richardnelsonllp.co.uk/closing-a-law-firm/", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Ten Percent Group: law firm valuations", "url": "https://ten-percent.co.uk/pie-in-the-sky-law-firm-valuations/", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "Ten Percent Group: thinking of closing your law firm", "url": "https://ten-percent.co.uk/thinking-of-closing-your-law-firm-think-again/", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "Ten Percent Group: buy or sell a solicitors' practice", "url": "https://ten-percent.co.uk/buy-or-sell-a-solicitors-practice/", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Ten Percent Group: buying and selling a law firm advice", "url": "https://ten-percent.co.uk/buying-and-selling-a-law-firm-advice", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Jonathan Fagan Business Brokers", "url": "https://www.jonathanfagan.co.uk/", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Excello Law: law firm succession", "url": "https://careers.excellolaw.co.uk/law-firm-succession/", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Morgan Cox", "url": "https://www.morgancox.co.uk/", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Legal Brokers Ltd", "url": "https://www.legalbrokers.co.uk/", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "PIB Insurance Brokers: solicitors brochure", "url": "https://www.pib-insurance.com/-/media/files/pib-ib/pib_ib_professions-brochure-for-solicitors.pdf", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Paragon: solicitors PI", "url": "https://www.paragonbrokers.com/en/professional-indemnity/solicitors/", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "O'Connors on Legal Futures: five regulatory considerations when selling a law firm", "url": "https://www.legalfutures.co.uk/associate-news/five-key-regulatory-considerations-when-selling-a-law-firm", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Legal Futures associate: run-off cover, the essentials", "url": "https://www.legalfutures.co.uk/associate-news/run-off-cover-the-essentials", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Legal Futures services directory: Acquira Professional Services", "url": "https://www.legalfutures.co.uk/services-directory/acquira-legal", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Legal Futures: buy-and-build group offers a succession route", "url": "https://www.legalfutures.co.uk/latest-news/new-buy-and-build-group-offers-firms-succession-solution", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "LexisNexis: successor practice checklist", "url": "https://www.lexisnexis.com/en-gb/legal/guidance/successor-practice-checklist", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Today's Conveyancer: successor before success", "url": "https://todaysconveyancer.co.uk/mergers-acquisitions-successor-before-success/", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "Law Society: PII buyers' guide", "url": "https://www.lawsociety.org.uk/advice/regulation/pii/guides/", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "ICAEW: the importance of run-off cover", "url": "https://www.icaew.com/regulation/professional-indemnity-insurance-pii-regulations/the-importance-of-run-off-cover", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "LawCare: options to practise after closure", "url": "https://lawcare.org.uk/get-information/articles/options-to-practise-after-closure", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "LawCare: closure through inability to obtain PII", "url": "https://lawcare.org.uk/resource/closure-through-inability-to-obtain-professional-indemnity-insurance-pii/", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Law Gazette: breaking up is hard to do", "url": "https://www.lawgazette.co.uk/law/partnership-law/4115.article", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" } ], "sources": [ { "url": "https://global.lockton.com/gb/en/news-insights/what-is-run-off-cover", "label": "Lockton: what is run-off cover", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://global.lockton.com/gb/en/resources/law-firm-mergers-an-overview-of-liability-issues", "label": "Lockton: law firm mergers, liability issues", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://global.lockton.com/gb/en/products-services/professional-indemnity-insurance-for-solicitors", "label": "Lockton: solicitors PII", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://global.lockton.com/scot/en/resources/planning-for-retirement", "label": "Lockton: planning for retirement", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.miller-insurance.com/articles/news-and-insights/a-guide-to-solicitors-professional-indemnity-run-off-cover/", "label": "Miller: guide to solicitors' PI run-off cover", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.miller-insurance.com/news-and-insights/latest-insights/solicitors/buyer-beware-in-legal-m-and-a", "label": "Miller: buyer beware in legal M&A", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.miller-insurance.com/articles/news-and-insights/merger-and-acquisition-activity-in-law-firms/", "label": "Miller: M&A activity in law firms", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.howdengroup.com/uk-en/buying-or-merging-another-law-firm-howden", "label": "Howden: buying or merging another law firm", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.howdengroup.com/uk-en/buying-merging-law-firm-care", "label": "Howden: buying or merging, proceed with care", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.howdengroup.com/uk-en/solicitors-indemnity-fund-howden", "label": "Howden: the Solicitors Indemnity Fund", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.howdengroup.com/uk-en/solicitors-professional-indemnity-insurance", "label": "Howden: solicitors PII", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.travelers.co.uk/what-we-cover/professional-indemnity-insurance/solicitors-law-firms/run-off-calculator", "label": "Travelers: solicitors run-off calculator", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.weightmans.com/insights/successor-practice-rules/", "label": "Weightmans: successor practice rules", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.armstrongwatson.co.uk/sectors/legal-sector/mergers-acquisitions-disposals/law-firm-valuation", "label": "Armstrong Watson: law firm valuation", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.armstrongwatson.co.uk/sectors/legal-sector/mergers-acquisitions-disposals", "label": "Armstrong Watson: legal sector M&A and disposals", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.armstrongwatson.co.uk/news/2018/11/due-diligence-and-confidentiality-when-selling-your-law-firm", "label": "Armstrong Watson: due diligence when selling your law firm", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.armstrongwatson.co.uk/news/2019/08/whats-it-worth", "label": "Armstrong Watson: what's it worth", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.herrington-carmichael.com/selling-or-buying-a-law-firm-legal-considerations-in-law-firm-ma-transactions/", "label": "Herrington Carmichael: selling or buying a law firm", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.richardnelsonllp.co.uk/closing-a-law-firm/", "label": "Richard Nelson LLP: closing a law firm", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://ten-percent.co.uk/pie-in-the-sky-law-firm-valuations/", "label": "Ten Percent Group: law firm valuations", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://ten-percent.co.uk/law-firm-valuations-a-very-very-rough-guide/", "label": "Ten Percent Group: valuation rough guide", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://ten-percent.co.uk/thinking-of-closing-your-law-firm-think-again/", "label": "Ten Percent Group: thinking of closing your law firm", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://ten-percent.co.uk/buy-or-sell-a-solicitors-practice/", "label": "Ten Percent Group: buy or sell a solicitors' practice", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://ten-percent.co.uk/buying-and-selling-a-law-firm-advice", "label": "Ten Percent Group: buying and selling a law firm advice", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.jonathanfagan.co.uk/", "label": "Jonathan Fagan Business Brokers", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://careers.excellolaw.co.uk/law-firm-succession/", "label": "Excello Law: law firm succession", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.morgancox.co.uk/", "label": "Morgan Cox", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.legalbrokers.co.uk/", "label": "Legal Brokers Ltd", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.pib-insurance.com/-/media/files/pib-ib/pib_ib_professions-brochure-for-solicitors.pdf", "label": "PIB Insurance Brokers: solicitors brochure", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.paragonbrokers.com/en/professional-indemnity/solicitors/", "label": "Paragon: solicitors PI", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.everywhen.co.uk/brokers/products/specialist-financial-lines/professional-indemnity-solicitors", "label": "Everywhen: solicitors PI", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.legalfutures.co.uk/associate-news/five-key-regulatory-considerations-when-selling-a-law-firm", "label": "O'Connors on Legal Futures: five regulatory considerations when selling a law firm", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.legalfutures.co.uk/associate-news/run-off-cover-the-essentials", "label": "Legal Futures associate: run-off cover, the essentials", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.legalfutures.co.uk/services-directory/acquira-legal", "label": "Legal Futures services directory: Acquira Professional Services", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.legalfutures.co.uk/latest-news/new-buy-and-build-group-offers-firms-succession-solution", "label": "Legal Futures: buy-and-build group offers a succession route", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.lexisnexis.com/en-gb/legal/guidance/successor-practice-checklist", "label": "LexisNexis: successor practice checklist", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://todaysconveyancer.co.uk/mergers-acquisitions-successor-before-success/", "label": "Today's Conveyancer: successor before success", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.lawsociety.org.uk/advice/regulation/pii/guides/", "label": "Law Society: PII buyers' guide", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.icaew.com/regulation/professional-indemnity-insurance-pii-regulations/the-importance-of-run-off-cover", "label": "ICAEW: the importance of run-off cover", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://lawcare.org.uk/get-information/articles/options-to-practise-after-closure", "label": "LawCare: options to practise after closure", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://lawcare.org.uk/resource/closure-through-inability-to-obtain-professional-indemnity-insurance-pii/", "label": "LawCare: closure through inability to obtain PII", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.lawgazette.co.uk/law/partnership-law/4115.article", "label": "Law Gazette: breaking up is hard to do", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.clio.com/uk/blog/how-to-buy-a-law-firm/", "label": "Clio UK: how to buy a law firm", "license": "the publisher's own terms; quoted for reporting and comment" } ], "methodology": "Every row is a verbatim sentence read from the named source's own page through our fetch service on the date shown, hash-pinned to the stored read (the sha of the page's visible text; the raw page is mirrored to R2). 3 of the 41 named sources that could be read published a usable figure; 38 published none and are recorded as not published, never filled in; 2 could not be read (blocked, dead or unreachable) and count nowhere. The headline figures (median, minimum, maximum, quartiles) are over ONE figure per source in GBP (a source's median where its page yielded several accepted sentences), so N counts sources, never sentences; 52 candidate sentence(s) were refused by a reviewer with the reason recorded. The fuller derivation this dataset is chartered to grow into (not yet what the figures above are; they are each source's own published figure as read): the published run-off premium multiple per broker or insurer (low, high and median of the ranges stated, e.g. 225%-400% of the primary-layer premium), the published law-firm valuation fee per adviser (from-price, fee model), and which advisers state the seller should buy run-off before completion versus the buyer accepting succession; the count of firms that publish a figure against those that do not", "embed": "

2,312.50 GBP

median published figure, Successor Practice Adviser Index, across 2 sources, read 28 October 2026

Source: successorpractice.co.uk Successor Practice Adviser Index
" }