A law firm is a group of attorneys who do not hold themselves out to be specialists in any one particular phase of law, although they may have lawyers who do specialize from within the firm.
This generalist approach works well for many people and businesses in that most legal situations do not require a specialty such as an accident or criminal law.
Most legal needs fall into the categories oft wills, trusts, property issues and business situations.
A generalist law firm will be able to easily handle all of these issues and then some. For the average family duties and will and perhaps a family trust, the legal work as involved is pretty straightforward and is easily accomplished by nearly every attorney.
If a person is purchasing a new home is highly recommended that they use a lawyer to check all the fine details such as contract details, negotiations, and perhaps even drawing up the sales contract.
Every business needs to have the advice of a good lawyer at some point in time so that various documents of the business organization, sales agreements, commission agreements, employment contracts and lease arrangements can be properly drawn up and executed.
When a business first begins, an attorney is used to draw up the paperwork that signifies the legal formation of what type of business is being initiated. The business can be a sole proprietorship, partnership, where corporation. A common form of business structure is called a limited liability company and which the structure of affords limited liability protection to the owner but is taxed as either a sole proprietorship, party ship, or a corporate entity.
In a business situation, a lawyer can be invaluable in the negotiations for property purchases, sales and commission agreements between the company and vendors, and all other similar situations where the law in that state needs to be followed to the latter just in case any future litigation should occur. This if it protects the business owner from others who might attempt to bring a lawsuit for whatever reason.
While it is true, many of the procedures that lawyers perform may seem unnecessary but when it comes to having to deal with a dispute that goes to court, having your ducks in a row in regard to the proper paperwork is a step that is a welcome relief when it is done properly and if you ever need it.
A generalist law firm will have several lawyers who specialize in certain areas. If a person needs assistance in some of the special areas, there’s usually an individual or individuals who are capable of comfortably handling the situation. If it is deemed that the legal situation needs more special treatment, then a referral to a more specialized law firm would be in order.
For the most part, the majority of law firms are generalists in nature giving the average individual and business a good cross section of legal protection and assistance. As our society becomes more and more litigious, it is apparent that ready availability of several disciplines in one firm is a very handy and desirable quality to have available.