Sunday, March 8, 2009

Law Firms

By reklicom

Many solicitors, such as LAC Lawyers, operate a cross-referral system which involves us taking on work for which we are suitably qualified and referring work to others as appropriate. LAC Lawyers regularly accepts work from other solicitors as we offer experience in other legal areas in which they do not practice.

While there will always be those disputes that are intractable and a decision by a judge is the only option, a lawyer with a greater level of expertise will usually be in a better position to appreciate the strengths and weaknesses of a case and enter meaningful settlement negotiations or perhaps avoid litigation altogether. As a consequence, although you will pay more for this service, the result has only been achieved due to the greater skill, knowledge and expertise of your solicitor. Thus, using a better qualified lawyer is an exercise in sound judgment from an economic as well as a legal perspective, and to act otherwise amounts to cutting corners and false economy. After all you only get what you pay for. Get the competitive advantage by retaining LAC Lawyers to attend to your legal requirements.

The relevant law dealing with Cypruss corporate law is the Cyprus Companies Law, cap. 113. This code is actually an almost identical adoption of the English Companies Act of 1948. As a matter of fact, the English Act has been identically adopted at first, and only later has been modified to a certain extent. The main modifications are attempting to homogenize the Cyprus law and the European Union law. Therefore, the Cyprus corporate code has both European-Continental and English-Common Law characteristics.

After the 2001 major modification, foreign control companies, i.e. companies that are on full control of foreign bodies, are regulated as offshore companies. As wise, beginning from 2003, offshore companies must pay tax as any company, and does not benefit from unique privileges. And yet, this rule of thumb isnt complete and has exceptions when the company is trading merely out of Cypruss borders.

The Cyprus corporate taxation system is complex and intricate, and cannot be simply laid forth here. However, in abstract it can be pointed out the companies revenue owe a 10% tax, whether local or offshore companies. This tax is the lowest tax rate amongst all nations in the European Union. In addition, the Cyprus codes determine a 2% employers income tax.

The second list is the "Farm Team" List. Here we are using a baseball metaphor of your Top 20 being the "major leagues" and this second list being the farm team in training for moving up to the big leagues of the Top 20. Your Farm Team List consists of those legal marketing referral sources who are between having at least tried to send you someone up to whatever you have set the threshold of being a Top 20 list member. This trying to send you someone can be as casual as a friend asking if his or her neighbour called you after being given your card by your friend. We all know that lawyer marketing is sometimes this accidental.

The third list is the "Who You Know" List and is similar to any standard networking list. It includes everyone you know, even everyone your spouse knows, as well as those people known by your family and your staff. Take this one out as far as you like. The bigger it gets the better for lawyer marketing.

Finally, there is the lawyer marketing "Categories List". This is a list of professions and occupations in general that would have the capacity to refer business to you. There are no names on this list, only general occupations/professions. For example, a PI lawyer might list nurses, physical therapists, medical technicians, chiropractors, neurologist, plastic surgeons, orthopaedists etc. while a family lawyer might list psychologists, social workers, marriage counselors, CPAs, hairdressers, real estate lawyers, etc.

Office audits are a step up from correspondence audits. You are asked to come to an office with documents and/or information. It is highly recommended that you do not go without an experienced tax audit lawyer. If you do, the agent may try to get you to say incriminating statements or provide information for which they have no right to get. A good tax audit lawyer will put a stop to such tactics.

Hiring the right lawyer can be the key to winning your case, especially if you have a strong case. Some things you would want to know about your lawyer are their credentials. You would want to know how many cases they have won, their amount of court room experience, have they settled a lot of cases out of court and are they licensed to represent you in your state. You should feel comfortable and confident with the lawyer you chose. You should feel that you trust your lawyer can adequately handle your case. You could ask to see if they have a portfolio to help you determine whether they are good enough for you to hire.

About the Author:

No comments: