An online community for law students and legal professionals was established in 2011 but has suffered from neglect due to the founders' focus on a related successful finance community. This law-centric platform, though underutilized, offers substantial potential for growth. The founder highlights various monetization opportunities such as affiliate deals for bar and LSAT prep, advertising, and professional services like resume reviews. However, due to low traffic, these efforts have not been prioritized, resulting in only minimal annual revenue.
The site, run on Drupal 6 like its finance counterpart, features over 15,000 articles and discussions, a company database with numerous law firms, and a range of customizable features for content and user interaction. It includes advanced technology and features derived from the more established finance site, such as Solr Search and Memcache for speed.
The founder is seeking a new owner who can dedicate time and expertise to scaling this community. This transition would enable the legal site to benefit from joint initiatives and resources with the finance community, promising further development for both. The offer includes the site's domain, relevant accounts, and a willingness to provide mentorship for three months post-transition. The decision to sell is driven by a lack of time and industry expertise since the founder's background is in finance, not law, making it difficult to passionately drive its growth. The platform offers a valuable foundation for someone interested in developing a niche community.
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Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More