Hirschler Fleischer

What Hirschler Fleischer does

Hirschler Fleischer is a Virginia-based full-service law firm organized as a professional corporation, headquartered in Richmond with additional offices in Tysons (Northern Virginia) and Fredericksburg. The firm provides legal services across approximately 16 practice areas, with core capabilities concentrated in middle-market Mergers & Acquisitions, commercial real estate (acquisition, development, financing, dispositions), bankruptcy and restructuring, tax credit finance (historic, low-income housing, new market, and PACE), and general corporate counsel. It serves operating companies, private equity firms and their portfolio companies, family-owned businesses, real estate developers and lenders, government contractors, and nonprofit organizations across the Mid-Atlantic and nationally.

The firm's service delivery is relationship-driven: partners develop and own client engagements, supported by a professional staff with average tenure exceeding 30 years per the firm's careers materials. Revenue is generated primarily through hourly billing of attorney time (with an annual 1,750-billable-hour expectation for associates), supplemented by fixed or flat-fee arrangements on certain routine or defined-scope matters. Lateral partners and associates are compensated at fixed annual rates with performance and discretionary bonus potential, and equity partners make capital contributions over a four-year post-election period. The firm carries no debt and is wholly owned by its partners.

Go-to-market relies on Chambers USA rankings, Best Lawyers in America recognition, repeat industry awards (five-time M&A Advisor 'Law Firm of the Year'), thought-leadership publications, and active involvement in industry associations such as the American Bar Association M&A Committee and the Association for Corporate Growth. The firm has completed M&A transactions ranging from $1 million to over $1 billion in value, with representative matters including $435 million stock sales, multi-state roll-up acquisitions across 26 states, ESOP transactions exceeding 1,000 participants, and complex real estate financings using CMBS, PACE, EB-5, and other structured-capital instruments.

Name

Hirschler Fleischer

Legal name

Hirschler Fleischer, a Professional Corporation

Website

https://hirschlerlaw.com

Company type

Private

Founded year

1946

Operating status

Operating

Headcount range

101–250 employees

Short description

Hirschler Fleischer is a Richmond, Virginia-based full-service law firm serving middle-market companies, private equity sponsors, real estate developers, and family-owned businesses across the Mid-Atlantic. Core practices include M&A, commercial real estate, bankruptcy/restructuring, and tax credit finance.

Ownership category

akta.pro rank

Product category

Legal Services

NAICS

Offices of Lawyers (541110), Legal Services (5411)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Mergers & Acquisitions (M&A) & Securities Law (BPAHAAAI)

akta.pro secondary industries

Family & Private Client (Trusts & Estates) Law (BPAHAAAK), Employment & Labor Law (BPAHAAAD), Litigation Support & Expert Witness Services (BPAHALAG)

Keywords

• Mergers and acquisitions law
• Commercial real estate law
• Bankruptcy restructuring law
• Corporate legal services
• Middle market legal counsel

Headquarters

HQ city

Richmond

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Legal Services - Billable Hours: The firm bills attorneys on an hourly basis for legal services. Associates are expected to bill 1,750 hours annually. Lateral associates receive compensation at a fixed annual rate and are eligible for performance and discretionary bonuses. Lateral partners receive compensation at a fixed annual rate with additional bonus compensation based on annual performance.
2. Legal Services - Fixed/Flat Fees: For certain matters, the firm may offer fixed or flat fee arrangements for specific legal services, particularly for routine transactions or ongoing counsel.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Hirschler Fleischer is a full-service law firm providing comprehensive legal counsel to middle-market businesses, private equity firms, family-owned businesses, real estate developers, and lenders across multiple practice areas. Core offerings include mergers and acquisitions, commercial real estate development and finance, bankruptcy and restructuring, tax credit finance, government contracts, and general corporate counseling, delivered through attorney-led engagement from offices in Richmond, Tysons, and Fredericksburg, Virginia.

Product overview

Hirschler Fleischer is a law firm providing comprehensive legal services through multiple practice areas. The firm operates as a platform of specialized legal service offerings rather than a unified software product. Core practice areas include Mergers & Acquisitions, Real Estate Development, Real Estate Finance and Investment, Real Estate Acquisitions and Dispositions, Tax Credit Finance, Property-Assessed Clean Energy (PACE) Financing, Bankruptcy/Restructuring/Creditors Rights, and general corporate services including Business Planning, Employee Benefits, Government Contracts, Land Use and Zoning, Construction, Tax, Estate Planning, Private Investment Funds, and Financing and Private Capital Formation. The firm serves middle-market business clients across various industries with a focus on the Mid-Atlantic region.

Differentiator

Problem solved

Functional benefit

Products and services

• Mergers & Acquisitions Comprehensive M&A legal counsel for private company and middle-market transactions including acquisitions, mergers, leveraged buyouts, joint ventures, and strategic business combinations, with deal sizes ranging from $1 million to over $1 billion.
• Real Estate Development Legal representation in transactions involving acquisition, disposition, construction, development and leasing of complex properties and portfolios for real estate developers and owners.
• Real Estate Finance and Investment Advisory services on commercial real estate development and investment projects including traditional financing, CMBS, Fannie Mae, Freddie Mac, HUD, and PACE financing for banks, life insurance companies, CMBS lenders, EB-5 lenders, and institutional investors.
• Real Estate Acquisitions and Dispositions Transaction support for acquisition and disposition of real property assets including due diligence, title resolution, and closing coordination.
• Property-Assessed Clean Energy (PACE) Financing Legal counsel for capital providers, program administrators, building owners and municipalities throughout the C-PACE project lifecycle.
• Tax Credit Finance Representation in state and federal tax credit transactions including Historic Rehabilitation Tax Credits, Low-Income Housing Tax Credits, New Market Tax Credits, and Conservation/Land Preservation Tax Credits.
• Bankruptcy, Restructuring and Creditors Rights Representation of debtors and creditors in bankruptcies and financial workouts including chapter 11 reorganizations, chapter 7 liquidations, and creditor committee representation.
• General Counsel Services Ongoing corporate counsel services for middle-market businesses providing governance advice and transaction support.
• Business Planning and Organization Counsel on business formation, structuring, and organizational matters for companies and entrepreneurs.
• Employee Benefits and Executive Compensation Legal services related to employee benefit plans, executive compensation arrangements, and ERISA compliance.
• Government Contracts Counsel for government contractors on federal acquisition regulations, contract negotiation, and compliance matters.
• Land Use and Zoning Representation in land use approvals, zoning matters, rezoning applications, and entitlements for development projects.
• Construction Legal services for construction projects including contract negotiation, dispute resolution, and mechanic's liens.
• Tax Federal, state, and local taxation counsel for businesses and individuals including tax planning and controversy matters.
• Estate Planning Planning services for estate and succession matters including wills, trusts, and wealth transfer strategies.
• Private Investment Funds Counsel for fund managers and investors in private investment fund formation and operation.
• Financing and Private Capital Formation Advisory on debt and equity financing transactions and capital formation strategies.

Quantifiable outcome

• Five-time 'Law Firm of the Year' winner by M&A Advisor (2013-2016, 2021)
• +2 more outcomes

Named customers17 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• PACENationcoreStrategic or Co-development PartnerHirschler is a member of PACENation, a national organization advancing Commercial Property Assessed Clean Energy (C-PACE) financing. The firm leverages this membership for industry education and networking on C-PACE transactions across 13 states.
• C-PACE AlliancecoreStrategic or Co-development PartnerHirschler is a member of C-PACE Alliance, working on developing the Virginia PACE market and educating C-PACE stakeholders on legal and business considerations in C-PACE transactions.
• SHRM (Society for Human Resource Management)minorGTM or Marketing PartnerCo-sponsored a two-part webinar series on workplace accommodations with SHRM and Fahrenheit Advisors. Programs eligible for SHRM-CP, SHRM-SCP, and HRCI recertification credits.
• Arnold & Porter LLPminorStrategic or Co-development PartnerJustine Fitzgerald previously practiced at Arnold & Porter LLP for eleven years before joining Hirschler. Represents former employer as prior experience reference.
• Hilton Worldwide, Inc.minorStrategic or Co-development PartnerJustine Fitzgerald served as senior in-house counsel at Hilton Worldwide, Inc. Represents former employer as prior experience reference.
• Fitzgerald & Rhodes LLP (now Fitzgerald Law PLLC)minorStrategic or Co-development PartnerJustine Fitzgerald co-founded boutique business law firm before joining Hirschler in 2016.
• MacLaurin GroupminorGTM or Marketing PartnerLisa Hedrick has presented at MacLaurin Group's Intimate Conversation Series on M&A market trends and deal analysis from 2018-2022.
• Richmond BizSenseminorGTM or Marketing PartnerHirschler attorney transactions are regularly covered in Richmond BizSense business news publication.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• McGuireWoods LLP: Richmond, Virginia-founded full-service law firm with comparable M&A, real estate, and bankruptcy practices serving middle-market and Fortune 500 clients across the Mid-Atlantic. Direct head-to-head competitor for the same regional clients and deal mandates.
• Hunton Andrews Kurth LLP: Richmond-headquartered global law firm with strong M&A, energy, and financial services practices. Competes directly with Hirschler Fleischer for Virginia-based corporate and middle-market mandates while operating at a larger scale nationally and internationally.
• Williams Mullen: Richmond, Virginia-based full-service firm of similar size and orientation, with overlapping M&A, real estate, and corporate practices serving the same Mid-Atlantic middle-market clients. Closest head-to-head peer by geography and practice mix.
• Troutman Pepper Locke LLP: Mid-Atlantic/full-service firm with significant real estate, finance, and M&A capabilities formed by recent merger; overlaps with Hirschler on CRE finance, CMBS, and middle-market transactions. Competes across Virginia, DC, and broader East Coast markets.
• Kutak Rock LLP: Nationwide mid-sized law firm of similar scale, with overlapping public finance, corporate, and real estate capabilities. Comparable multi-office, mid-market professional services model with similar talent economics.
• Ogletree Deakins Nash Smoak & Stewart: Large labor and employment-focused law firm with national reach and a strong Mid-Atlantic presence. Comparable in the employment law and HR-adjacent practices where Hirschler also maintains capability.

Broad incumbents

• Reed Smith LLP: Larger, established international firm with significant Mid-Atlantic presence and overlapping real estate finance, M&A, and financial services practices. Competes for the upper end of Hirschler's mid-market mandate book.
• Arnold & Porter: Washington, DC-headquartered global firm with major real estate, corporate, and litigation practices. Former employer of Hirschler's Tysons Office Managing Partner and overlaps on Northern Virginia real estate and corporate matters.
• DLA Piper: Global law firm with deep M&A, real estate, and finance practices across the Mid-Atlantic and nationally. Represents the larger-firm competitive threat to mid-sized regional players like Hirschler Fleischer.

Regional players

• LeClairRyan (predecessor) / Buchanan Ingersoll & Rooney: Virginia-headquartered mid-market firm (subsequently absorbed into Buchanan Ingersoll & Rooney); historically a direct Richmond competitor for M&A, real estate, and bankruptcy matters and useful as a legacy reference for the competitive set.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/HirschlerLaw
• Facebookfacebook.com/HirschlerLaw
• LinkedInlinkedin.com/company/hirschler

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hirschler Fleischer