This is FindLaw's Law Firm Management Center's collection of free articles on Structure. Choosing the proper structure for your law practice is an important foundational issue when starting a law firm. This decision impacts many different business issues, including taxes, liability, profit sharing, and flexibility. Whether you want to form a partnership, limited partnership, limited liability company, or a sole proprietorship, there are requirements, benefits and costs to each structure that you must understand. Start your research with FindLaw.
Structure
How To Start A Law Firm
Structure Articles
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You've made the leap to start your own law firm. You've thought about costs, practice area, and gone through all the items on your startup checklist. Now you need to figure out how to set up your business. Learn more about the various business structures to decide which one is right for your law firm.
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Providing detailed billing statements is a lot of work, but it's worth it. The more time you spend preparing your statement on the front end, the less time explaining your bill to your client on the back end. This article will provide you with practical information on law firm in billing structures and how to prepare billing statements that will bring you the funding you need.
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Getting your law firm off the ground wasn't easy, but making sure that it continues to grow can be just as challenging. One of the fundamental questions you'll face is how to structure your firm for success in the future. This article addresses the characteristics and strategies associated with various corporate structures to help you decide which one is right for your firm.
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In case you are wondering about the ways to structure a law firm, there are several options. But despite the variety, choosing a law firm structure will largely depend on the jurisdiction in which you practice and the realities of your circumstances.
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Lawyers looking to start a firm should look into any federal or state license or permit requirements which may be applicable to them.