|Starting a New Practice|
|Tuesday, 04 September 2012 11:26am|
If you are thinking of setting up your own law practice, there are a few considerations that you need to bear in mind. We have prepared some pertinent information and checklists to help you prepare before you decide to embark on a new journey.
The information provided is taken from the book Setting Up Practice that can be purchased separately or in a kit (START Kit). The Start Up Checklist will guide your preparations step by step. Other valuable information and checklists that may be used as a guide:
The Bar Council has set up a Mentors Project for those who would like advice and tips on setting up a new firm. If you are a registered user of the Malaysian Bar website, you may click here to view the Register of Mentors.
The Getting Started! Workshop is available for Members who are thinking of establishing a new practice or partnership, or are in need of a refresher. The workshop consisting of five sessions is delivered by senior lawyers and consultants: “The Fundamentals of Legal Practice”; “Accounting & Taxation”; “Bar Council & You: Obligations & Privileges”; “Conveyancing in a Competitive Climate”; and “Winning Ways through Civil Litigation Practice”. Complete and submit the registration form to the Bar Council to participate in the workshop.
As part of your preparation, write to the Bar Council and let us know that you are starting a new practice. This should be in the form of a notice of intention to set up the practice. It must be executed by the intending sole proprietor or all the partners. The relevant rulings and requirements by the Bar Council, and the workflow for setting up a new practice can be viewed here.
Once you have received the Bar Council’s no-objection letter, you may proceed with acquiring your Professional Indemnity Insurance (“PII”). To know more about our PII Scheme, contact the PII and Risk Management Department or read the terms and conditions, claims, renewals and FAQ.
About the START Kit
The START Kit is the Bar Council’s legal starter kit that was launched in February 2011 as part of the Bar Council’s risk management programme to enhance the quality and standards of new lawyers in the country. The kit is given on a complimentary basis to firms that have obtained their no-objection letter from the Bar Council.
Each START Kit contains advice and tips on practice essentials relevant to a new lawyer or a new firm. The segments are divided into:
This section contains two books (Setting Up Practice, Accounting for Lawyers) and a unique START Planner. Setting Up Practice sets out basic information on the prerequisites, and the applicable rules and regulations to be complied with, in the setting up and running of a law firm. Typical day-to-day problems that arise are also candidly discussed. This book is complemented by the START Planner, which contains checklists, helpful references and materials on practice issues.
(2) Best Practices
Risk management is a culture, not an event. As a lawyer, ensuring high standards and quality service is crucial to keeping clients, minimising risks and enhancing productivity. This section, complete with a Practice Area Checklist CD-ROM on litigation and conveyancing, Time Management and a Practice Alert! magazine, provides information and guidance on managing risk, time and staff.
(3) Office Management
The heights a firm can achieve and its success are often determined by its culture. The resources and tools provided here, Law Practice Management book and a DVD-ROM are to guide new firms in shaping a positive culture through its staff, systems and procedures from day one.
Members of the Bar who would like to purchase the START Kit can do so at the Payment Counter situated on the ground floor of the Bar Council Secretariat, or can have it delivered for a minimal fee. Complete the order form to purchase the START Kit at RM50.
For more information on PII, risk management, Getting Started! Workshop and START Kit, contact the PII & Risk Management Department by telephone at 03-2032 4511 or by email at firstname.lastname@example.org.
For assistance on setting up a new practice and to know more about the Mentors Project, contact the Membership Department:
Assistant Director: Gayathri Chidambara Iyer
(03-2050 2161; email@example.com)
Executive Officer: Kirushnaveni Subramaniam
(03-2050 2162; firstname.lastname@example.org)
Officer: Kwan Yin Cheng
(03-2050 2163; email@example.com)
Please click here to download all the documents described above.
For more information on starting a new practice, please contact:
Professional Indemnity Insurance & Risk Management Department
Suite 4.03A, 4th Floor, Wisma Maran, 28 Medan Pasar, 50050 Kuala Lumpur
Tel : +603-2032 4511
Fax : +603-2031 6124
Email : firstname.lastname@example.org
Updated: 4 Sept 2012
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