11 September 2012
Incorporation of Law Firm is not much complicated. All the partners must be Registered with State bar Council as Practicing Advocate. Else you cannot name it Law firm. Even Advocates Act and B.C.I. has many restriction in this regards. Better way, have one more Registered Advocate who will remain in your favor and can act as sleeping partner and go for Legally incorporation to avoid disciplinary Action by State bar Council. Sole_Prorietorship or One Man Company is not good funda in Indian Legal Market. Bar Council of India always have some barrier for such Firms. Better you go for LLP (Limited Liability Partnership) where you can control all the thing as per your wish. Then get it register with State Bar and avail many benefits such as Legal Support of Bar Council of India and State Bar council, Global Legal market, TAX benefits, protection from harassment or threat from the existing Law Firms and so on.
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