Starting your own law firm can lead you to be part of a very strong and profitable industry. Lawyers and law firms are required for a variety of tasks and it is the opinion of many that it is a crucial service. Setting up your own law firm is something that is going to take time and precision as it is such a professional industry. Here are some key steps to help you break into the world of law and become a successful and trusted firm.
First things first, you are joking to have to ensure that you are qualified to start up a law firm. You will need official approval and a license to practice before thinking about a single case. In order to be a working solicitor you will need the following qualifications.
-Three-year undergraduate degree
-One year Legal Practice Course
-Two years of Law Skills Course
-Two-year law training contract in an established law firm
Once you have gone through the motions of your law training you will be able to look at setting up your own firm, I would recommend remaining as a working solicitor for some time to give you some further experience in the industry.
After your training in order to set up your own law firm, you will have to go about sourcing some form of premises to operate from. That could start off as a home office situation and develops into actual offices depending on your budget. You may be able to find somewhere a lot easier if you are backed by external funding or investments, I would recommend using this money to establish your firm in a stable location.
It will come as no surprise that you will be unable to set up a law firm alone, you are going to need a team of talented and effective solicitors as well as extra staff 5o help around the firm. When it comes to hiring the greatest team of employees you should advertise the positions you need and put potential applicants through a fairly rigorous interview. Working in law is a demanding profession and you will have to be sure the people you hire are up to the task, and are worthy enough to represent your firm.
In the initial stages of setting up your law firm it would be a good idea to set up some kind of training initiative. With training you will be able to ensure that all bases of your staff’s ability is checked over, this not only allows you to test the strength of your team but also tells your staff exactly what you are looking for from them. Just because someone is qualified for a position doesn’t mean they are the right person for the job, the law industry can be a cruel place and people who represent your firm must be able to deal with this in a professional way.
A great way of getting the word out about your law firm as well as getting first dibs on budding lawyers would be to set up placement schemes for students. This would build your reputation in a positive way in your local community and get people talking about your firm. As well as publicity you would be doing something good for the public which in turn boosts your image and makes people more likely to choose your firm to represent them, when they see you doing good for the community.
How you advertise your services can be crucial in bringing your firm more clients, whether you choose to market online or in a physical way you should target a wide range of people. You must ensure you have a strong online presence giving potential customers all of the information they need to decide they want you, getting a new website design is a good idea as a professional-looking page is crucial for you to be taken seriously. Like any business your image must be maintained to show that you are serious about helping your clients with their needs.
Expanding the firm
If you have taken all of my advice you will be sure to have made progress in terms of your firm’s growth. How you deal with the expansion of your law firm is totally dependent on the direction you wish to go in. Some choose to remain relatively local and deal with the lower scale cases but, if you have aspirations of spreading countrywide I would begin by looking at investing in another premises, location is key as you must be able to simultaneously provide legal advice in two different areas, expansion like this will require more money, more staff, and more resources but the benefits are more than worth it.
A final piece of advice to be applied to any business including law would be to maintain a strong respect for your customers. The legal industry is one that can involve some sensitive issues, it is vital that you do not forget to instill a level of professionalism towards clients and their cases. This can be implemented through inspections and training regarding client interaction, particularly for those who are fresh out of Law school with little experience, customer service can be overlooked. However it is the simple things like being respectful towards clients that will give you and your law firm a professional reputation.