Today people have become so much more advanced and confident that they can confront any individual and fight for the social justice. But there are certain areas where people need to give special attention. They themselves feel helpless in enjoying their own rights. They are deprived of their own rights that are provided to them. Lagging behind in exercising their rights leads them to fall to hypocrites of the modern world.
There is solution to come out of this problem which makes people exercise their rights to the fullest in order to live freely and happily. This is provided by the law firms. Basically, a law firm is generally a business entity formed by one or more lawyers to engage in the practice by providing its clients information and advice about their legal rights and responsibilities. It is also responsible for representing them in civil and criminal cases.
The law firms can be divided into a series of classifications:
Sole Proprietorship– It includes attorney to be the only responsible person for all the profit, loss and liability.
General Partnership– It includes the member attorneys to share the profit, ownership and liabilities.
Limited Liability Company– In this, attorney owners are not directly liable to third party creditors of the law firm.
The law firms can practice in many field areas including transactional matters and litigation before county court. The practice areas generally define the specialisations of the law firms. A few specialised areas are described below:
It includes descriptions about transaction structures and selection of appropriate project methodologies. It also deals with negotiating, preparing and implementing the joint development agreements, structured financing documents and contracts for countless projects. The clients get benefitted by having the transaction strength and fast, efficient & tailored results.
It deals with preventing the people from being declared as bankrupt. The debtor can continue to do business, rent property, raise and sell crops and livestock & the necessary inputs to continue the business operation. The debtor is authorised to borrow funds.
Intellectual property law
It focuses on helping the business clients and formulates and executes many kinds of technology based transactions. Transactions are included in meeting the goals of the clients.
It includes the representation of clients before judges and jury at each level of court systems as well as mediation, arbitrary and regulatory agency proceedings. It includes Consumer Protection, Telemarketing, Mass Media and Ad Campaign Litigation.
It includes the clients and the industry expert drawing on combined areas of knowledge, Addressing,
Estate, bankruptcy, restructuring law. It includes the acquisition and development Contracts. The property solicitors deal with various facets of the litigation. The intimate knowledge of the conveyancing market enables to address many complex issues that come into play in distressed property representations. Property lawyers allow to quickly and efficiently sort through the creditor and debtor issues that often arise in real estate workouts.