Generally this is the definition of the law firm comes from Merriam-Webster: “a group of lawyers who work together as a business.”
A lawyer who also called counselor, attorney or solicitor is a licensed person who represents or gives advices to clients about legal issues.
A Law firm is a business entity which formed by lawyers to help clients with their legal matters or acquaint and advise them about their legal rights and liabilities and represent them in their transactions, in civil or any other cases.
What is a law firm partner?
As you know, law firms are mostly established by one lawyer or more who are the firm’s owner or have partnership in profit and loss of the law firm; by this way attorneys who are member of a law firm will specify the type of firm that have been organized and the amount of liability for each partner in any negligence and obstacle, will be set.
What is the structure of a law firm?
As it mentioned, law firms are formed in different ways and the structure of each firm depends on many points which describe the law firm, such as:
- the type of partnership
- Sole proprietorship: when a lawyer found a law firm and is responsible and liable for all loss and profit, its called ownership.
- General partnership: unlike the sole proprietorship in this kind of partnership all solicitors of the firm share ownership and are liable.
- Professional corporations: in this type of partnership issue stock for the solicitors in a similar way like a business corporation.
- Limited liability company: the owners are members but they’re not liable to the third party creditors of the law firm, straightly.
- Professional association: the function of this law firm is very similar to professional corporation or limited liability company.
- Limited liability partnership: owner are partner with each other but no one is liable for other partner’s negligence.
- number of lawyers
the number of attorney-owners is effective on the structure of the law firm and large or small law firms will established based on that.
- the goal of lawyers to establish a law firm
It means that what do solicitors would like to work on, in a law firm?
- the expertise of attorneys
A successful law firm works with professional attorneys who are experts in their field of work.
- the jurisdiction in which the firm works on
Almost all law firms are including all fields of law but operating on some specific fields of law will make the law firm, special.
what does a law firm do?
Generally the services that would be rendered by a law firm are the legal advices that are given to clients including individuals or corporations, and representing clients in their transactions, civil or criminal cases, or any other subject matters.
Bayan Emrooz law firm
Bayan Emrooz is an international law firm which is founded by professional lawyers since 2008 in Iran. Bayan Emrooz law firm is one of the few associations in Iran which provides legal services in international level. some of its legal services for real and legal persons in Iran’s jurisdiction are: providing legal consultation and accepting representation of startups and knowledge based companies that are active in field of electronic commerce and information technology; Bayan Emrooz international law firm actually provide full services from business formation and obtaining legal permits up to becoming included in legal protection of new ideas and intellectual property rights.
Attorneys in Bayan Emrooz international law firm are also active in other legal fields such as intellectual property rights, immovable property, contracts, family law and succession, corporations rights, tax, labor law, criminal justice and civil law. We are honored to announce that Bayan Emrooz international law firm has an arbitration center too. Bayan Emrooz arbitration center cooperates with professional and prominent lawyers and law experts in all legal and commercial lawsuits, disputes related to contracts and etc.
And in international level, Bayan Emrooz law firm provides any legal services in the field of international trade law, and direct and indirect investment by foreign companies and foregin investors, Bayan Emrooz international law firm will manage the progress of your investment.
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