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A law firm is a commercial partnership between a group of lawyers. Some law firms are organized as professional corporations, but that arrangement is increasingly rare now that limited liability partnerships (LLPs) are available in many jurisdictions. In the United States, the LLP form is popular because law firms organized as corporations are commonly treated as personal service corporation s which are subject to significant tax penalties.

1 Function

The primary service provided by a law firm is to advise clients (individuals or corporations) about their legal rights and responsibilities, and to represent their clients in civil or criminal cases. Smaller firms tend to focus on particular specialties of the law (e.g. patent law, labor law, tax law); larger firms may be composed of several specialized practice group s, allowing the firm to diversify their client base and market, and to offer a variety of services to their clients.

2 Organization

2.1 Structure and Promotion

Larger firms are typically organized around partners, who are joint owners and business directors of the legal operation; associate s, who are employees of the firm with the prospect of becoming partners; and a variety of staff employees, providing paralegal, clerical, and other support services. Associates may have to wait as long as 9 years before the decision is made as to whether to make them a partner or not. Many associates who do not make partner either become partners at smaller firms, go it alone as solos, go to work in-house in corporate legal departments, or change professionA profession is a specialized work function within society, generally performed by a professional. Definitions In a more restrictive sense, profession often refers specifically to fields that require extensive study and mastery of specialized knowledge, ss ( burnoutBurnout is a psychological term for the experience of long-term exhaustion and diminished interest, coming immediately after an extended period of overwork. It is also used as an English slang term to mean exhaustion. Computer programmers are often prone rates are very high in law).

2.2 Size

Law firms range widely in size. At the bottom are solo practitioners (lawyers practicing alone), who form the vast majority of lawyers in most countries. In North AmericaNorth America is the third largest continent in area and the fourth ranked in population. It is bounded on the north by the Arctic Ocean, on the east by the North Atlantic Ocean, on the south by the Caribbean Sea, and on the west by the North Pacific Ocea, there are also many small firms (2 to 50 lawyers) and midsize firms (50 to 200 lawyers).

Lawyers in small cities and towns may still have old-fashioned general practices, but most urban lawyers tend to be highly specialized due to the overwhelming complexity of the law today. Thus, some small firms in the cities specialize in practicing only one kind of law (like employmentEmployment is a contract between two parties, one being the employer and the other being the employee . In a commercial setting, the employer conceives of a productive activity, generally with the intention of creating profits, and the employee contribute or intellectual propertyIn law, intellectual property is a form of legal entitlement which allows its holder to control the use of certain intangible ideas and expressions. The term intellectual property reflects the fact that once established, such entitlements are generally tr) and are called "boutique" firms.

At the top are the huge megafirms with more than 1,000 lawyers. These firms have offices on multiple continents, bill $500 per hour or higher, and have a high ratio of support staff per attorney. They can and do litigate every issue, often burying their opponents in a blizzard of paper; the result has been a kind of legal " arms raceAn arms race is a competition between two or more countries for military supremacy. Each party competes to produce superior numbers of weapons or superior military technology in a technological escalation. Most arms races have occurred in the modern era." where every large corporation tries to retain the services of the biggest law firm they can afford.

Megafirms like to call themselves "full-service" firms because they have departments specializing in every type of legal work that pays well, which usually means transactions and defense. These firms rarely do plaintiffs' personal injury work.



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