Business Overview
About the Company
**Overview:**
This is a highly successful SaaS business offering a proprietary online career assessment tool tailored specifically for the legal industry\. Known as LawFit®, the platform helps lawyers, law students, and related organizations make informed career decisions\. The assessment includes over 300 questions, measuring values, interests, and preferences \(VIP\), to generate a detailed 26\-page report that aligns users with the most compatible career paths, both within and outside of the legal profession\.
Developed by a team of industrial psychologists, career counselors, and attorneys, LawFit® has established itself as a trusted resource for universities and legal professionals\. The business currently benefits from a strong client base of universities providing recurring revenue, with significant growth opportunities available by marketing directly to individuals\.
**Revenue Models:**
1. Schools purchase assessment packages in bulk\.
1. Untapped potential exists in the individual online purchase market, which has not yet been fully explored or marketed\.
**Key Features:**
- Over 300 questions in the assessment, generating a 26\-page personalized report\.
- Focuses on values, interests, and preferences rather than skills, providing deeper insights into career compatibility\.
- Strong recurring revenue from 19 universities \(client details confidential\)\.
- Significant potential to expand the individual online assessment model, which remains a largely untapped market\.
**Client Base & Opportunities:** LawFit® serves a broad range of legal professionals and organizations:
- Law Students: Helps them determine the best career path after graduation\.
- Attorneys: Assists in finding the right practice area or exploring alternative career paths\.
- Law Schools: Enhances the career success of students and alumni by identifying career satisfaction drivers\.
- Law Firms & Employers: Ensures employees are working in areas where they can excel and achieve success\.
- Prospective Law Students: Aids those considering law school in making informed decisions about their future careers\.
- Legal Organizations: Bar associations and other groups can use LawFit® to help their members find fulfilling career paths\.
**Growth Potential:** With 90% recurring revenue from institutional clients and a largely untapped individual market, there is tremendous growth potential in expanding direct\-to\-consumer sales\. A targeted marketing strategy aimed at legal professionals could unlock substantial new revenue streams, further scaling this established and successful business\.
This is a rare opportunity to acquire a scalable SaaS business with proven success, offering a reliable stream of recurring revenue and significant opportunities for future growth\.
