Law firms
Mugundhan
(Querist) 17 September 2010
This query is : Resolved
Dear Experts, whether a law firm should be compulsorily a partnership of 2 or more lawyers or an individual lawyer can start a law firm like a proprietorship concern? Thank You.
R.Ramachandran
(Expert) 17 September 2010
Sir,
Only the partnerships are called 'Firms' and not a proprietoryship concern.
Therefore minimum two partners are required to be called a 'Firm'.
An individual lawyer can practice but cannot have the tag of proprietoryship concern.
pawan sharma
(Expert) 17 September 2010
i.yes, wether it is partnership firm.
ii. no.
Chanchal Nag Chowdhury
(Expert) 17 September 2010
Both. A Law Firm may be a partnership or a proprietorship.There is no bar in the Advocates Act or any other law.
M/s. Y-not legal services
(Expert) 17 September 2010
me too having this same doubt mr.mugunthan. today i am also posted this query as LAW FIRM.
M/s. Y-not legal services
(Expert) 17 September 2010
mr.chanchal, are you sure? as per your words an individual lawyer can start a law firm?
s.subramanian
(Expert) 17 September 2010
Yes. It can be done. No hassles in law.
Mugundhan
(Querist) 17 September 2010
Dear subramanian sir, could you please elaborate on the procedure
R.Ramachandran
(Expert) 06 October 2010
A proprietoryship is called a 'concern'.
A partnership is called a 'Firm'.
Therefore while one can run a law chamber in whatever name say Mr. X can run a law chamber under the name X and Associates, but that will not be called a law firm in its legal sense. Though the public can believe it is a firm - because the public is not interested in lifting the veil and knowing whether it is an individual practice, or a law firm and if it is a firm who are all partners and what is there share etc.
So, to be called a Law Firm legally, it must be a partnership - which again requires minimum two partners.
