Law

A Professional Law Firm always a Real Business Entity

A Law Firm is a business entity that is collectively formed by a group of lawyers, and attorneys who are engaged in legal practices. The laws firm in Dubai shares a wide range of clients who are not restricted to the same nature of clients. They earn the profits and losses and thus, share them as per their shareholding. Law Firms in Dubai are among the greatest Law Firms.

Here a point trigger is why a lawyer works in a group or team rather than working independently? The lawyers and attorneys do this purporting to offer a vast variety of specialized services to their clients.  They do can work independently as a litigator or offer services to a business but they choose to work in a group. The intent is to provide an array of services to the client and earn handsome profits. Moreover, if the different lawyer works together they all pool in various services.

On the other hand, it also enables them to share their resources including the rents, staff, furniture, technology, techniques, library, internet, and all the other resources. Conventionally the law firms in Dubai were based on partnerships in the past. They may be organized in different ways and operated differently under the same jurisdictions.

In today’s world, a law firm in Dubai provides a myriad of specialized legal services to associations, entities, companies, and individuals. The prime service provided by the law firms is advisory to the clients about their liabilities, rights, and obligations. This may be related to civil, criminal, business transactions, real estate, taxation, family issues, employment disputes, intellectual properties, and many others in which the help is sought.

Based on their arrangements the law firms may operate in ways including sole proprietorship, general partnerships, limited liability company, and limited liability partnerships. The purpose of working remains the same the only change in the responsibility. There is a change in the sharing of the profit, losses, and liabilities. Lawyers and advocates distribute the responsibility among themselves based on their shareholding in the law firm.  All have various benefits attached to it along with a few drawbacks associated with it.

Working Structure of a Professional Law Firm

We will have a look at the working structure of the law firms in Dubai. Therefore, we will discuss in-depth the working structure of a conventional law firm that consists of the following individuals.

There are partners and CEOs in the law firms who enjoy the top position in a law firm. There are the real owners who jointly owned the business. They can be termed as the directors of the business or company. They are responsible for the legal operations of a law firm. They are the joint owners who hold their ownership and interest in a law firm. Similarly, as business directors, they supervise the organizational and other activities of a law firm and are responsible for all the day-to-day operations.

Secondly, some associates are employees in a law firm. They may be future partners to a law firm. Normally, junior advocates and lawyers who are new to this field of legal domain begin their careers as associates. Depending upon the nature of the firm and their expertise and experience they can be termed as the junior associates of senior associates. They usually deal with the clients of a law firm and also handle the legal cases coming up. They also take up the more complex legal cases following their experience and exposure.

Some interns are also part of the law firms in Dubai. There are law students from different law schools. They come to acquire relevant practical knowledge about their future career. They get the relevant practical application for what they have learned as a law student. In many cases, students who are still under the process of seeking education also go to the law firms and get themselves enrolled in them. In we comprehend it in simple terms, they are the ones who have the theoretical and the bookish knowledge and understanding about the law. They join the law firms to develop the imperative and requisite practical skills and experience in handling various legal cases. They may be the future of the law firms who may become associates and partners at any law firm.

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