I think these are the things you need to have or do when you`re running a new business. Running your own business is difficult in the first months and even years. But it`s worth it. This is the minimum you need to have the business. On the operations side, you should receive: (ii) the intended sole proprietor or partner has/has obtained the mandatory E&O insurance coverage required for the new corporation. A tablet is optional. If so, you can read my article “Every Lawyer Should Have an iPad” for tips on how to use the iPad for your law practice. 1. Write to the Malaysian Bar Council for permission to set up a law firm. You can send the letter requesting approval even before you leave your current business. In fact, you should seek approval before you leave, as the Malaysian Bar Council will take a few weeks to respond.

The Malaysian Bar Council will send you the letter or you can pick it up from them. The letter should include the proposed name of your law firm, address and start date. More information on the website of the Malaysian Bar Association. Write your business plan. Develop a clear vision for your new business (the “why”) and list the mission of your new business (the “how” to achieve your “why”). Make sure you know your USP (Unique Selling Point). Although marketing is a prohibited activity in our profession, good work is available as a marketing tool. Let your customers help you market through word of mouth.

All you have to do is do your job conscientiously and communicate properly with your customers. Be sure to hold your client accountable along the way by taking the time to explain the legal process, or at least your legal strategies. Make sure you understand your clients` goals and help them achieve them in accordance with the law. In my experience, satisfied customers have proven that they give the best recommendations. If you`re ready to be on your own, consider the next steps to open your law practice. Only steps 2 and 3 are mandatory. The others are just my modest suggestions. 7. [Edited: August 10, 2016] Register your business with the Royal Customs Department to obtain your service tax license. You can do this online at jkdm.customskl.gov.my/elesen.

You must submit a letter of intent to College Council to form a practice if you intend to open a practice. This notice must be made by the intended sole proprietor or all partners (if applicable). 4. Telephone line and fax line. Bring your consent to the Law Society and your corporate stamp. Internet connection if required. For Fax, Eddie from eLawyer and PuchongJobs.com kindly sponsored a one-year subscription to iFax, a service that sends and receives faxes over the Internet, as a gift to my new law firm. With this service, I don`t need a fax machine. Faxes are sent and received by e-mail.

c) Once the letter has been issued without objection by the Bar Council, the new name and its details will be registered accordingly in the system of the Membership Division of the Bar Council. However, before you decide to open a law firm, I recommend that you familiarize yourself with your own reasons. It`s a business and like all other businesses, there are risks. The biggest risk for a law firm is professional negligence, so make sure you have plans to avoid this. 3. Have your personal profile and business profile beautifully written. Convenient when potential customers ask for your data. You can ask a designer to design your company profile.

1. Malaysian law firm may partner with a foreign law firm under an international partnership with the approval of a renewable legal license for 3 years and may employ a foreign lawyer for the same period 2nd approved qualified foreign law firm license (QFLF). To date, only 5 QFLF licenses have been issued in Malaysia to international law firms that have proven expertise in international Islamic finance, and the aim is to support and contribute to the initiatives of the Malaysia Islamic Finance Center. My business was up and running in two months. The work came quickly thanks to the constant support and recommendations of friends and clients. I have clients from my old company who trust me and follow me in my new facilities. I also have clients who have been excellent payers. You even pay the day after my bill is issued! I must thank them all for their great support. The Malaysian Standard Industrial Classification (code 74110) has classified all Malaysian legal services into seven (7) main categories as follows: 1. Advice and representation in civil, criminal and other matters, i.e.

Representation of the interests of one party vis-à-vis another party, whether or not before the courts or other judicial authorities. These legal services may be provided under the supervision of individuals who are members of the Malaysian Bar Association. 2. Patents and copyrights 3. Preparation of deeds, wills, trusts, etc. 4. Notary 5. Referee 6. Legal examiners 7. Referee Activities The following information serves as a general guideline. It is your responsibility to verify that you have met ALL legal requirements necessary to establish your law firm. DECISIONS OF THE COUNCIL OF THE ORDER OTHER LEGAL REQUIREMENTS SIJIL ANNUAL CERTIFICATE AND PRACTICE REQUIREMENTS MERGER OF YOUR LAW FIRM / CHANGES IN YOUR LAW FIRM What does this mean for many of us lawyers? The loss of jobs for legal staff and the inability to maintain a seat in the firm where students spend their room time, while small law firms struggle to maintain their activities amid the uncertainties caused by the Movement Control Ordinance (MCO) and the Rehabilitation CMO.

The new standard is inevitable, but what exactly is the new standard for lawyers at the mercy of their employers? Once the legal services license is approved, the law firm is required to register and hold the annual certificate issued by the Bar Council of Malaysia.