Recovery First Ltd is a specialist consultancy that assists law firms in withdrawing from specific sectors of the legal market while ensuring they retain 100% of the recoverable work in progress (WIP) value. The firm stands out by offering a seamless, confidential, and financially optimized exit strategy, working alongside solicitors, accountants, and restructuring experts to achieve the most profitable outcomes for legal practices.
Their approach is built on confidentiality, no up-front costs, and a commitment to SRA compliance during file transfers. Recovery First caters exclusively to law firms, particularly those undergoing transitions such as partner retirement, market exit, or restructuring. They maximize WIP recovery through a phased, tailored process that includes ongoing support and transparent financial reporting.
Services Offered
- Law firm insolvency
- Law firm administration
- Law firm liquidation
- Law firm restructuring
- Law firm closure
- Law firm retirement planning
- Selling work in progress files
- Phased market withdrawal
- Client file transfer with SRA compliance
- Maximization of WIP value recovery
- Confidential consultancy and bespoke proposals
- Seamless transfer to panel solicitor firms
Recovery First serves law firms across the UK, with a notable presence in Manchester, and has a proven track record of successful projects with firms such as Grant Saw Solicitors LLP, Copley Clark, and FRP Advisory. Their model is suitable for all types of legal work, from small case portfolios to large volumes.
