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How to open a law office

How to open a law office

Video: Starting A Law Firm | How To Start Your Own Law Firm (Essential Checklist) 2024, July

Video: Starting A Law Firm | How To Start Your Own Law Firm (Essential Checklist) 2024, July
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Experienced lawyers often think about going into "free swimming" - to open their own legal office. This can be either a law firm or a law office or board. Despite the fact that the legal services market is very saturated, such a business with the right choice of the field of jurisprudence can bring a rather high income.

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Instruction manual

1

Creating a law office is a rather complicated business, which will require a lot of investment. And it will be money (office rental fee in a good place, computers, software), and the talents and abilities that you will need to determine your niche, find customers and select qualified specialists.

2

Even the smallest legal office is better to have a cozy office near the city center, because often meetings with clients are held in the office of lawyers. Not every client will travel to the other end of the city: time is expensive, and too many more well-known offices are located in the center. Therefore, it is worth looking for an office in a conveniently located mansion or business center. The newly opened company has enough office space of 45-50 sq.m.

3

In addition to furniture and office equipment, it is important to purchase the right software in the office. No law office now works without programs such as Guarantor or Consultant +. In addition, if you are dealing with documents of foreign companies, you will need dictionaries.

4

The wealth of the law office is its employees. First you need 2-3 very qualified lawyers and assistant secretary. It’s not worth recruiting young specialists: they are not yet too experienced to provide high-quality services, and mistakes can greatly damage the reputation of a newly opened company.

5

Think about the distribution of profits between you and your employees. There should not be too many partners (i.e. those who participate in the company's profits) - a law firm can be opened together or threesome, and the remaining specialists can be hired for salaries or salaries + percent of completed orders. The latter is optimal for a new law firm, as it motivates lawyers to work more, and you - to seek more clients.

6

Decide in which area you can work most successfully yourself and services in which field are most in demand. There are quite a few law firms that deal with the same thing, for example, registration of companies. To stay in business, they have to cut prices, try to provide new services. It is better to highlight for yourself 2-3 main areas of work that will not be so "popular". Accordingly, you will have fewer competitors.

7

If you are a lawyer, then you can create a law office or bar association, if you do not have this status, then your business is a law firm. Different forms have their advantages and disadvantages, so after determining with areas of activity it is worth thinking about the form in which your office will exist. The comprehensive law on advocacy is provided by the Federal Law "On advocacy and advocacy."

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