How To Set Up A Legal Company

Table of contents:

How To Set Up A Legal Company
How To Set Up A Legal Company

Video: How To Set Up A Legal Company

Video: How To Set Up A Legal Company
Video: How to Legally Start a Business - 8 Steps 2024, April
Anonim

Sooner or later, most lawyers, having gained experience, decide to open their own law firm. And although the market for legal services is oversaturated, but with the correct and reasonable organization of this business, it can become a very successful and profitable business.

How to set up a legal company
How to set up a legal company

Instructions

Step 1

Setting up a law firm is a very time consuming task. Statistics show that most young companies fail quickly. You will need a lot of effort, money and patience to intelligently organize your business - a law firm.

Step 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 firm invite their acquaintances, experienced lawyers specializing in other areas of legislation. They can become their companions or simply take up leadership positions.

Step 3

A new legal company must be registered. You can independently choose the organizational and legal form of your office. It can be an LLC or an individual entrepreneur, depending on who you will provide services to (individuals or legal entities). Collect a package of required documents. Obtain a certificate that entitles you to legally conduct your business.

Step 4

A license is not required to open a consulting firm. 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.

Step 5

Find a good office space. It is highly desirable that it is located in the center of the city, and not on its outskirts, where it is difficult to get. It is likely that the rental cost in this case will be much higher, but in the future it will certainly pay off.

Step 6

Carefully select the staff for your company. If you can, then try to hire highly qualified lawyers. Young specialists should not be recruited, as they, without proper work experience, can harm the reputation of your company. It is possible that you will be able to lure your acquaintances, proven lawyers, professionals in their field, from other companies.

Step 7

And the most important component of any business, without which no law firm will exist for a long time, are clients. Advertise your firm actively: advertise your law firm on the Internet and in the media. It will be good if you manage to entice your old clients from the 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 similar legal companies.

Recommended: