The Various Types of Law Firms
A firm is a business organization set up for the sake of profit earning. Products are manufactured or services are sold to be a part of the demand-supply chain, yielding revenues. When taken in the legal context, law firms refer to a business entity set up by an individual or a group of lawyers for selling their legal expertise. The services rendered by the panel of attorneys get compensated in monetary form. Law Firms in Dubai are of various types. Their categorization is based upon the range of legal attorneys involved in its formulation.
The Details:
The first type is named “Solo law firms.” As the name denotes, such firms have a single lawyer running them. These legal maestros take up case files of the general law category encompassing several legal matters or they provide specialized services regarding any single law category like family law. There are quite many advantages to opt for solo law firms like the client’s legal cost is not too high as compared to the other types. Secondly, one can have the leverage of outsourcing other services like hiring paralegals or consultants for having a bird’s eye view of the lawful matter or to give stronger legal support to the case file. Moreover, in such a scenario the lawyer-client relationship is more strong and personalized since the whole focus of the attorney is on the specific client. “Small law firms” have two to ten lawyers on board. They join forces to work on a relatively complex lawful matter or a case that requires expertise in some relevant fields of law, applicable on one single file. ‘Boutique firms’ is another name given to this category. Since the parameter of this type regarding the number of associated lawyers is not too high, thus the client can observe a feel similar to that of a solo law firm since the client can get one-on-one interaction with the attorneys here as well. The plus side of this type is that the client can get a wider picture and a more enriched legal expertise for the solution of the legal dispute with a wider perspective of the legal team regarding quite many relevant areas of the lawful stream.
Why Established?
Law Firms are established to provide people and corporations the solution to their legal issues through litigation, arbitration, and negotiation. A joint team of lawyers is available for rendering legal assistance to the firm’s clientele. They highlight the importance of getting the client’s rights restored as well as underlining their legal responsibilities. If a certain case needs to be filed or appealed in a court of law, the team of these attorneys uses their collaborative expertise to fight up the legal battle for their clients through lawful channels. Law Firms are segregated into various types depending upon the collaborating lawyers and their combined knowledge and expertise. “Small law firms” employ two to ten attorneys for utilizing their general law or specific law field expertise to solve the presented case file. “Large law firms” is another category having a range of several dozens to thousands of employed lawyers.
The employees include attorneys, legal assistants, HR experts, admin, and other managing staff members. Such firms are spread across various geographical locations like cities, regions, and countries. Due to the vast expanse of their operation, they have huge legal departments to cater to the great magnitude of the clients’ needs. Their clientele includes big organizations and high-end enterprises. Litigation law firms recruit attorneys who focus primarily on litigation, which means that one party files lawsuits against the opposing party for getting it settled through court proceedings. “Transaction law firms” on the other hand, engage lawyers with the prime task of accomplishing complex written documentation of legal cases. These cases include the settlement of issues like property division, insurance claims, and other money matters.
Criminal law firms as the name suggest dealing with clients having criminal charges. These clients hire the legal panel of these firms to clear them off the criminal allegations and build a strong legal defense in the court. They are in a position to pay hefty amounts to these attorneys privately to get grave punishments waived off. Since criminal offenses have high risks and complexities involved during the court proceedings, the lawyers connected to such firms need to be highly proficient and expertly informed of the associated jurisprudence.
