How to create a law company
Video: How to Start a Law Firm 2024, July
Sooner or later, most lawyers, having gained experience, decide to open their own law firm. And although the legal services market is oversaturated, but with the proper and reasonable organization of this business, it can become a very successful and profitable business.
Instruction manual
1
Creating a law firm is a very time-consuming task. Statistics show that most young companies are quickly collapsing. You will need a lot of effort, money and patience to intelligently organize your business - a law firm.
2
First, decide in which area of law you will provide services. It depends on the specialization of the people who create it. For example, lawyers with experience in the field of labor law, as a rule, would prefer to open a company that would deal with these issues. It happens that the founders of a law company invite their acquaintances to experienced lawyers specializing in other areas of law. They can become their companions or simply take up leadership positions.
3
A new law firm must be registered. You yourself can choose the legal form of your office. This can be an LLC or individual entrepreneur, depending on who you will provide services to (individuals or legal entities). Collect the package of necessary documents. Get a certificate giving you the right to legally conduct business.
4
To open a company specializing in the provision of consulting services, a license is not required. In other cases, they are necessary (lawyer, realtor, etc.). It may be that in this case there will be a need to re-register the company due to the expansion of the range of services provided.
5
Find a good office space. It is very desirable that it is located in the city center, and not on its outskirts, where it is difficult to get to. It is likely that the rental price in this case will be significantly higher, but in the future it will definitely pay off.
6
Carefully select the staff for your company. If you have the opportunity, then try to hire highly qualified lawyers. Young professionals should not be recruited, as they, without proper work experience, can damage the reputation of your company. It is possible that you will be able to lure your acquaintances to trusted lawyers, professionals, from other companies.
7
And the most important component of any business, without which no law firm will last long, is the clients. Actively advertise your law firm: place an advertisement for your law firm on the Internet and the media. It will be good if you manage to lure your old customers from your previous place of work. It is very important to be able to gain a foothold in the legal services market, not to get lost among many such law firms.
