General Legal Legal

Breaking Into the World of Law: Starting Your Own Firm

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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.

 

Legal Qualifications

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.

 

Premises

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.

 

Hiring

 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.

 

Training

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.

 

Student Placement

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.

 

Advertising

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.

 

Customer Service

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.

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What are Consumer Protection Laws and Why are they Important?

The world of corporate law is a vast and often confusing world. And it is important for anyone looking to step into the legal world to be able to understand some of the more important aspects of it. To that end, we are going to be looking at consumer protection laws and why they are important. This guide will cover the topics in a basic manner, looking at the different aspects of consumer protection laws and why they are so important to, not only your legal career but the world as a whole.

The Basics

To put it simply, consumer protection laws do what it says on the tin. They are laws designed to protect consumers. But what does this mean? Essentially these laws look at making sure businesses are not price-gouging customers, protecting customer data, being truthful to customers and giving them a fair, proper customer experience. Things such as warranties and return policies are determined by consumer protection laws. Businesses can be hurt or even shut down if they do not adhere to these laws and individuals who run the businesses, can be fined, or even prosecuted for breaching these laws.

KYC

Know Your Customer, or KYC, is a method within the business world that is used to establish information about a customer. This system works two-fold, it benefits the business but also protects the customers. KYC is often a system that collects data from a customer, willingly, while they are using their business. This data is kept and stored and allows a business to tailor their experience to the customer, but also allows them to make sure a client is who they say they are. This is how KYC protects the customer. It is a system that stops fraudsters very early on. If a customer’s information has been stolen, KYC is used to make sure nothing fraudulent happens. Customer protection laws work their way into KYC. Businesses are required, by law, to make sure the customer data is secure and safe and not being misused for malicious, or fraudulent purposes. KYC can be handled on-site by a business or by an outside company. I tried KYC solutions from Fully-Verified.com and it proved to be an insightful look into how KYC works and was beneficial to my own company.

Importance

Why are these laws so important? They are not only designed to protect customers but also to keep businesses in check. Without these laws, companies would be free to do whatever they wish. They would be able to produce an advertisement that lies about products, meaning customers would not be getting the product they expect. This could cause a lot of harm, especially for products that have potentially life-threatening implications. Without these laws, companies would be able to sell faulty, or ineffective products, and not allow customers to claim on warranties or returns the products for a refund. This would essentially let scammers and fraudulent businesses run rampant. Without these laws, businesses would be allowed to use customer data however they want. They could sell it to whoever they like and cause serious harm to their customers.

The Next Step?

If you are interested in working in cooperate law, specifically in the field of customer protection laws, there are a number of ways you can go about it. There are a lot of active firms that are built around making sure businesses are adhering to these laws.  Watchdog organizations and the like are great places to look. It is also a good practice to look at how different countries handle their customer protection laws. For example, the EU has blanket customer protection laws for any company operating within Europe, even if they are based somewhere else.

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Important Tips for Improving your Financial Security

Nowadays, money makes the world go around. With everything becoming digital, even banking, it’s important now more than ever to insure you protect yourself financially. Sadly, increased security only leads to criminals trying harder to get your details and access your money. Keep yourself and your money safe by following these important tips to maximize your financial security.

 

Protect Your Pin

The first thing you should do is ensure your pin is kept secure. Never share your pin with anybody, even those you trust. Always make sure if you’re entering it on your phone or at an ATM that there is nobody lurking around trying to sneak a peek. When you’re at the ATM, you should also use your hand to shield your pin. Scammers have been known to attach cameras to ATMs, so you could be giving a stranger your pin without even realizing!

Online Banking

The next step you can take to help improve your financial security is by signing yourself up to online banking. By doing this you’ll be able to access your account instantly and will be able to keep track of your finances and pay attention to any unusual looking transactions you don’t recognize. There are even a number of online banking apps designed to replace your physical bank account with an online account. These apps allow you to keep a more organised look into your spending and allows you to access your security settings and account history from your phone. If you like the sound of that, read more here and get yourself an online account sorted today. They also are perfect for accounts if you’re going on holiday, you can convert your money straight away in the app using the best conversion rate and use one card no matter where you are.

Update Your Details Regularly

You should make sure your security settings are regularly updated. Make sure to change your password regularly and try to make sure you use a different password for your bank account to all of your other passwords. Keep a note of your password and make sure it’s in a safe place where nobody can access it.

Protect your Documents

Whilst most banking correspondence is done digitally these days; you may still receive letters from your bank. These letters can often contain important details you should be sure to keep protected. If you’re wanting to throw out letters from your bank, it may be worth investing in a shredder or even having a mini bank bonfire out in your backyard. By thoroughly destroying these letters you can rest assured nobody will be able to access your private details.

Be Mindful of Scams

Unfortunately, as security measures become more complicated to get through, scams have also become a major problem as it’s become harder than ever to recognize. If you ever get an email or text from your bank asking you for ANY details whatsoever, DO NOT click the link. Instead go onto your banks official website or app and get in contact with them directly. Most banks will never contact you asking for your own details.

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Essential Tips for Preparing for the LSAT

New York can be a difficult place to begin your law career. With such a competitive market and new waves of future lawyers starting everyday, it’s important to make sure that you stand out from the rest.  The most effective way to stand out in such a overpopulated career path is to achieve the highest grades you can in your LSAT. Here are some tips on how to prepare.

Revision time table

To do well in your exams, you are expected to retain a lot of detailed information, like case names and what particular laws entail. This is something that can’t be learned the night before your exams as it’s simply too much information. The best way to comfortably learn so much information is gradually over a couple of months. Set a few days a week as dedicated study time and before you know it, you’ll be ready to take on the exam.

Get a tutor

There is nothing wrong with struggling with the work for these exams, they don’t make it easy to pursue a career in law. There’s no point revising something that you don’t understand as you won’t be able to apply your new information to your exam questions. There are plenty of businesses offering LSAT tutoring in New York for very affordable prices so it may be worth looking into in order to achieve the best possible results. Even if you’re not struggling too much with preparing, tutoring will really give you the edge over other future lawyers and make sure that you get the best results.

Study buddy

Find someone that is taking the tests that you can study with. Law is largely a memory game and bouncing your knowledge back and forth from someone else is a great way to remember all the information that you need . Studying in pairs can be especially useful when it comes to remembering cases as it can be easy to forget your long line of names. An easy and fun way to remember some cases is by trying to match the case name to a description. You can get competitive with this and tally up who remembers the most, a little friendly competition is always a sure way to retain hard to remember information.

Post it notes

Invest in a colorful pack of post it notes and put them absolutely everywhere. On each post it note, write a piece of legislation or law that you need to remember and put the post it on something that you need to look at. A few good places would be on your bathroom mirror, on your wardrobe, next to your oven or on your fridge. This is a non forced way to remember important information and will mean that you are slowly picking up information in a non stressful way.

Sleep

What is most important is that you look after yourself. Make sure you’re getting at least 8 hours of sleep every night, drinking plenty of water and eating enough food. Around exam time it can be easy to forget that you need to look after yourselves, but when you’re under so much stress it is important that you make sure you put your own health first.

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