Hi All, Anyone, please help me start a legal firm. What do we need to set up the firm? Please guide me in compliance; we need to start a legal firm
From India, Hyderabad
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1From India, Hyderabad
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You don't need to start a legal firm; you just decided you wanted to. Plenty of legal firms already exist that can deal with your problems, and at far less cost than setting up a business.
If you want to start a legal firm:
1. Go and work for a legal firm for 2 or 3 years and see how they operate, how they do things, and what is involved.
2. Work out what it is going to cost to set up a legal firm including office accommodation, wages for lawyers and ancillary staff, advertising and promotion to get customers, etc. The cost may surprise you, especially if you think you can do this with no money.
3. Work out how much your yearly living costs are so that you can support yourself for at least 12-24 months with no income from a job. A new business will not make a profit for quite some time.
4. Start writing a comprehensive business plan with a SWOT analysis to prove the viability of your idea.
5. Remember the Golden Rule - Failure to Plan is Planning to Fail
From Australia, Melbourne
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If you want to start a legal firm:
1. Go and work for a legal firm for 2 or 3 years and see how they operate, how they do things, and what is involved.
2. Work out what it is going to cost to set up a legal firm including office accommodation, wages for lawyers and ancillary staff, advertising and promotion to get customers, etc. The cost may surprise you, especially if you think you can do this with no money.
3. Work out how much your yearly living costs are so that you can support yourself for at least 12-24 months with no income from a job. A new business will not make a profit for quite some time.
4. Start writing a comprehensive business plan with a SWOT analysis to prove the viability of your idea.
5. Remember the Golden Rule - Failure to Plan is Planning to Fail
From Australia, Melbourne
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I guess you are a qualified Lawyer & Advocate. If yes, you should have completed the essential Internship in a Law firm or under a Sr. Advocate practicing legal profession. If yes, then you won't need our guidance. However, the main requirements are - You should have passed a basic UG/PG degree AND LL.B., from a recognized Law college/University. Thereafter the completion of internship and clearing the Exam conducted by the Bar Council of India (AIBE). Follow these steps:
To become a lawyer, candidates must meet eligibility criteria:
1) Educational Qualifications: Candidates must have completed higher secondary education (10+2) from a recognized board in any stream (Arts, Science, or Commerce).
2) Entrance Examinations: To gain admission to law schools, candidates must clear entrance examinations such as the Common Law Admission Test (CLAT), All India Law Entrance Test (AILET), or Law School Admission Test (LSAT).
3) Law Degree: Candidates must complete a law degree, either through a 5-year integrated law course (B.A. LL.B., B.Com LL.B., etc.) or a 3-year LL.B. program after obtaining a bachelor’s degree in any discipline.
4) Bar Council Registration: After completing the law degree, must register with the respective State Bar Council to become eligible to practice law in India.
5) All India Bar Examination (AIBE): Candidates must pass the AIBE to obtain the Certificate of Practice, which allows them to practice law in courts across India.
It's a long drawn process now. And to set up a firm of advocates, the respective state's Bar Council has laid down certain stipulations & procedure which have to be complied with. You should plan your career among the following options:
After becoming a lawyer, you have a wide range of career options to choose from, including:
i) Litigation: Represent clients in civil and criminal cases in court and handle legal disputes.
Corporate Law: Work with businesses on legal matters such as contracts, mergers, acquisitions, and compliance.
ii) Public Service: Serve as a legal advisor, public prosecutor, or legal consultant in government organizations.
iii) Academia: Pursue a career in teaching and research in law schools and universities. Entrepreneurship: Start your own law firm or legal consultancy and provide legal services to clients.
iv) Specialized Legal Fields: Explore opportunities in specialized legal fields such as intellectual property law, environmental law, tax law, and more.
v) Become an authorized Notary after completion of 10 yrs of legal practice in Indian courts, apply to the Min. of Law, Govt. of India for a license to function as a Notary.
vi) Can take up exam to become an ACS (Company Secretaryship conducted by the Institute of Company Secretaries of India). After qualifying ACS, you can seek a job as Co. Secretary or practicing Co. Secretary. Also, you can seek employment in companies & firms to work as a Legal Adviser/Consultant.
vii) Can take up UPSC & states' service commission exams to be appointed in legal dept. of various departments of state & central Govts.
More details are on this link:
https://www.cpj.edu.in/how-to-become-a-lawyer-a-comprehensive-step-by-step-guide/
https://marketinglawyers.co.uk/our-services/law-firm-setups/other-countries/india/
From India, Bangalore
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To become a lawyer, candidates must meet eligibility criteria:
1) Educational Qualifications: Candidates must have completed higher secondary education (10+2) from a recognized board in any stream (Arts, Science, or Commerce).
2) Entrance Examinations: To gain admission to law schools, candidates must clear entrance examinations such as the Common Law Admission Test (CLAT), All India Law Entrance Test (AILET), or Law School Admission Test (LSAT).
3) Law Degree: Candidates must complete a law degree, either through a 5-year integrated law course (B.A. LL.B., B.Com LL.B., etc.) or a 3-year LL.B. program after obtaining a bachelor’s degree in any discipline.
4) Bar Council Registration: After completing the law degree, must register with the respective State Bar Council to become eligible to practice law in India.
5) All India Bar Examination (AIBE): Candidates must pass the AIBE to obtain the Certificate of Practice, which allows them to practice law in courts across India.
It's a long drawn process now. And to set up a firm of advocates, the respective state's Bar Council has laid down certain stipulations & procedure which have to be complied with. You should plan your career among the following options:
After becoming a lawyer, you have a wide range of career options to choose from, including:
i) Litigation: Represent clients in civil and criminal cases in court and handle legal disputes.
Corporate Law: Work with businesses on legal matters such as contracts, mergers, acquisitions, and compliance.
ii) Public Service: Serve as a legal advisor, public prosecutor, or legal consultant in government organizations.
iii) Academia: Pursue a career in teaching and research in law schools and universities. Entrepreneurship: Start your own law firm or legal consultancy and provide legal services to clients.
iv) Specialized Legal Fields: Explore opportunities in specialized legal fields such as intellectual property law, environmental law, tax law, and more.
v) Become an authorized Notary after completion of 10 yrs of legal practice in Indian courts, apply to the Min. of Law, Govt. of India for a license to function as a Notary.
vi) Can take up exam to become an ACS (Company Secretaryship conducted by the Institute of Company Secretaries of India). After qualifying ACS, you can seek a job as Co. Secretary or practicing Co. Secretary. Also, you can seek employment in companies & firms to work as a Legal Adviser/Consultant.
vii) Can take up UPSC & states' service commission exams to be appointed in legal dept. of various departments of state & central Govts.
More details are on this link:
https://www.cpj.edu.in/how-to-become-a-lawyer-a-comprehensive-step-by-step-guide/
https://marketinglawyers.co.uk/our-services/law-firm-setups/other-countries/india/
From India, Bangalore
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