SeeBITDAOklahoma

National Litigation Law Group, LLP

  • 2401 23RD ST STE 42, Oklahoma City, OK
  • 2 locations
  • Since 2014
  • NAICS 541110
Estimated valueMedium confidence
$40.8M
$21.5Mlikely range$55.8M
About 4.9× its yearly profit, typical for a company this size in its industry.
Revenue
$62.1M
a year
Profit (EBITDA)
$8.3M
13% of revenue
Employees
179
reported in 2020
Leadership
W. Lance Conn
Co-Owner · source · confirmed by 2 sources
Unlikely to sell soon
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $40.8M

Based on its 179 employees and its payroll, both reported for PPP in 2020 and brought up to date.

179 employees × $388K each$69.4M
PPP payroll ÷ payroll's usual share of revenue$42.8M
Shown toward the top of its range×1.14
Revenue$62.1M
× 13% profit margin$8.3M
× 4.9 sale multiple = value$40.8M

· Own this business? Correct these figures

Estimated value over time

▲ 26% since 2020
$0$23.5M$46.9M202020212026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 45% since 2020
01002002020202117999
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan179$49.7M$6.7M
2020Form 5500162$45.0M$6.0M
2021Form 550099$27.5M$3.7M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

PPP loan, 2020
401(k) filing, 2021
No reported financials
Company website
Owner named
2 locations found

Signs of a sale Unlikely to sell soon

  • Headcount down 39% since 2020 (retirement plan filings)

From public records and the company's website, not a statement that it's for sale.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
NATIONAL LITIGATION LAW GROUP, LLP
this business
$62.1M$8.3M—
Vta Oklahoma City Llc
Oklahoma City
$948K$188K0.1 mi
WALTERS STANLEY & NATARAJAN, LLP
Oklahoma City
$1.5M$267K0.9 mi
Don Jackson
Oklahoma City
$948K$188K1.0 mi
CHRIS S. BYROM, PLLC
Oklahoma City · 2 employees
$626K$145K1.0 mi
LEGAL AID SERVICES OF OKLAHOMA, INC.
Oklahoma City · 188 employees
$36.8M$4.9M1.0 mi
LEAH M ROPER, PLLC.
Oklahoma City · 1 employees
$354K$82K1.1 mi

The full calculation

Employees reported to the SBA179
Revenue from headcount (employees × revenue per employee for companies this size)$69.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$42.8M
Estimate: the two combined (geometric mean)$62.1M
EBITDA margin (industry, adjusted for size)13%
EBITDA = revenue × margin$8.3M

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Estimated value = EBITDA × typical sale multiple$40.8M
Multiple for this size and industry4.9×
Value range$21.5M – $55.8M
Revenue range$40.9M – $70.8M
EBITDA range$5.5M – $9.5M
Industry (NAICS)Offices of Lawyers (541110)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Founded by James Sears Bryant
“NLLG was founded with one mission in mind – to democratize the legal system by providing high quality legal services to individuals and businesses at affordable rates.”

Advisors

  • AccountingForvis, LLPAudits its 401(k) plan (2021 filing)
  • BankingArvest BankPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

Arvest Bank
PPP 2020, PPP 2021
All 5,114 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$2.3M$2.3M179Arvest Bank
1/25/2021second$2.0M$2.0M161Arvest Bank

2 locations

2401 23RD ST STE 42Oklahoma CityThis listing
401 W Broadway AveEnidView

Revenue, profit and value are for the whole company.

Public records

LinkedIn company page
Size as the company lists it
Employees—

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About National Litigation Law Group, LLP

National Litigation Law Group, LLP is a law firms company in Oklahoma City, Oklahoma, in business since 2014. It is owned by W. Lance Conn (Co-Owner). Its estimated annual revenue is about $62.1M, with roughly $8.3M of EBITDA. It has about 99 employees. Its estimated business value is $40.8M (likely range $21.5M–$55.8M). It has 2 locations.

Common questions

Who owns National Litigation Law Group, LLP?
National Litigation Law Group, LLP is owned by W. Lance Conn (Co-Owner), according to public sources such as the company's website or filings.
How much revenue does National Litigation Law Group, LLP make?
SeeBITDA estimates National Litigation Law Group, LLP's annual revenue at about $62.1M (likely between $40.9M and $70.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is National Litigation Law Group, LLP worth?
About $40.8M, roughly 4.9× its estimated EBITDA of $8.3M, typical for a law firms company its size. Likely range: $21.5M–$55.8M.
How many employees does National Litigation Law Group, LLP have?
About 99, from its 2021 retirement-plan filing.
When was National Litigation Law Group, LLP founded?
National Litigation Law Group, LLP has been in business since 2014.