Law Firm Of Firm Law - 1567 Words

Law firm of Firm Law LLP Sole proprietorship, partnerships, and corporations are just a few different organization entities that people use when starting a new business. One can change from one business type into another using proper paperwork and by abiding state rules and regulations. There are various factors to consider when starting a business such as the nature of the business being started, the business type, investments or funding, and employees. First, we will examine what business type is better suited for the Law Firm of Firm Law to operate. Then, we will consider the pros and cons of said business type to ensure proper fit. After, we will discuss the issue of investments and stock issuances, if required. Lastly, we will cover the policies and standards needed for employees to follow in our business structure. First, the business I am starting is a law firm named The Law Firm of Firm Law operating in the greater Los Angeles area; however, this is a special type of business and cannot be started without going through the proper channels beforehand. A law firm is a type of â€Å"professional† career in which one has to prove to the state with certificates of competency that one is able to perform required tasks in said field. These businesses are usually but not restricted to sole proprietorships, Limited Liability Partnerships, and Limited Liability Corporations. I believe that in order to narrow down which business structure is best we need to weigh the pros and consShow MoreRelatedInterning At A Law Firm956 Words   |  4 Pagesis a law firm called Squire Patton Boggs (Squire). The firm, like most other law firms, defend the rights and freedom of legally independent entity including but not limited to individuals and corporations. According to the company’s website, it â₠¬Å"combine[s] sound legal counsel with a deep knowledge of our clients’ businesses to resolve their legal challenges† (Squire). Lawyers, especially those working in my department, also help investors from other countries understanding the financial laws in theRead MoreCorporate Law Firms And Small Private Law Companies2184 Words   |  9 Pagesprivate law firm is â€Å"a law firm that generates its income mainly from the attorney (and paralegal) fees paid by clients† (Statsky 35). This type of law firm includes the largest percentage of working paralegals at 70%. A private law firm typically works in general practice, which means that they might have multiple practice areas. Within the division of private law firms, there are two other subdivisions: larger private law firms and smaller private law firms. Paralegals in larger private law firmsRead MoreThe Current Law Firm Pyramid Model1139 Words   |  5 PagesThe current law firm pyramid model where there are f ar more associate than partners only exacerbates this problem. This scarcity of mentorship has a disproportionate impact on minority associates. The inability to find mentorship or desire to demonstrate that they are worthy to be mentored manifests itself in attitudes and behaviors that are detrimental both to the diverse associate and the productivity of the firm. As articulated by a law firm diversity officer: If you go to a law firm that does notRead MoreThe Ethics Of The Law Firm1515 Words   |  7 PagesThe way a firm is presented to potential associates and clients is very important to the overall success of the law firm. It is equally important that the lawyers maintain a positive image because this reflects not only on themselves but on the firm as well. The firm’s image should be established from day one and carried out daily by those who represent it. Lawyers are regarded as powerful members of the community in which they serve and are the legal advocates for many within that community. ProfessionalismRead MoreOrganizational Structure Of An Organization1718 Words   |  7 Pagesrequires. I got an internship in a law office in Guangzhou, China last winter vacation so I had the chance to comprehend the mode of operation of the law office. This law office is called the â€Å"GREANLEAF LAW FIRM† and it is one of the largest law firms in Guangzhou with over 200 lawyers working in this forum. This firm has been established for over thirty years since 1985 and got all kinds of rewards from the government. I was working for one of the partners in the law office so I had an online interviewRead MoreThe Legal Profession Of England And Wales1607 Words   |  7 Pagesincreasingly diverse over the years, although a significant lack of diversity does still exist within the upper tier of the profession. The case in favour of diversity within the legal profession is incredibly strong. As Robert J. Grey JR, a partner at law firm Hunton Williams argues, â€Å"diversity is a critical element of our society† . The reasoning for this has been illustrated in a blog post published by ‘Aspiring Solicitors’. It states how â€Å"diversity in the legal profession plays a very important roleRead MoreThe Is A Saas Platform1298 Words   |  6 PagesFilesense, is a SaaS platform which will initially be used by law firms, big and small. Primary areas of focus will be within our Federal Courts, State Courts, Tax Court. Filesense offers features that other software solutioins have which include Billing, Invoicing, Email Integration, Timelines, Calender, Scheduling, Document Storage, however, the biggest value from Filesense comes in its ability to search many individual State, Federal websites leading it to selectively know what documents areRead MoreA Lawyers Commission670 Words   |  3 PagesThe Job of a Lawyer. Lawyers help people who need help with legal issues and financial issues. They represent clients in a courtroom and try to help them succeed in a case. Lawyers can specialize in a specific field of law such as, finance and insurance, federal government, local government, and state government. ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬  ¬Ã‚ ¬Lawyers have to spend long hours researching their client’s cases. The job of a lawyer is important because anybody who needs legal help will have to go to a lawyer. LawyersRead MoreReview Of Anatomy Of A Murder Essay1574 Words   |  7 Pagesa movie set in a small town in the upper peninsula of Michigan. Paul Biegler (James Stewart) is portrayed as a humble small-town country lawyer that spends his extra time fishing. Once the former district attorney, Paul Biegler now runs his small law office out of his home with his secretary Maida Rutledge (Eve Arden). Paul’s colleague and friend Parnell McCarthy (Arthur O’Connell) is portrayed as an alcoholic but chooses to become sober once a great opportunity comes to their small town. OneRead MoreSuccess : The Nurture Achievement1361 Words   |  6 Pagestheir success. In Chapter Five, Gladwell explains how Joe Flom’s life turned out to be famous and an expert in a law firm because he involved in the situation when the old law firm was fallen and the new law policy was created. Since Flom was the Jewish when Jews were heavily discriminated against, it was really hard to become a lawyer in the old-line law firms. Then, the old-line law firms had corporate lawyers who represented country’s largest companies, and they handled the taxes and the legal work