Have your own ideas, what's next

 
 These are some great Legal small business ideas.  The legal industry provides enormous opportunities for starting a small business.  There are many areas from which you can chose to start a legal business.  If you already have a law degree why not put it to work for you.  Get started with these ideas. 

 

# TITLE DESCRIPTION
1 Bankruptcy Practice

In this type of business you will represent creditors and debtors in financial restructurings, workouts, bankruptcy cases and other matters involving financially distressed transactions.  To start this business you need a law degree and State BAR certification.

2 Corporate Law Practice

In this line of business you will deal with the formation and maintenance of businesses; handle contracts, liability, mergers, structured financings and other business matters.  Your potential client is every business in existence.  To setup a business in this field will require a law degree and State BAR certification.  A background in real estate would be a plus.  You don't need a big office to get started. 

3 Criminal Defense Attorney

Criminal Attorneys perform services such as initial case investigation/assessment, pleadings, discovery, pretrial, trial, and appeal.  With your law degree and State BAR certification you can start setting up your legal practice. Your income is determined by what your clients can pay.  Chose your clients carefully.  You can start this kind of business with yourself and a paralegal.  You don't need a lot of office space.  As soon as you can fill the office with furniture, filing cabinets, phones, fax machines, copiers and computers, you're in business.

4 Employment Law Practice

This type of business involves cases such as employment discrimination, wage and hour disputes, misappropriation of trade secrets and enforcement of non-competition agreements.  You can include other services to the practice in order to generate greater income.  These include:  workplace harassment; disability accommodation; Family & Medical Leave Act compliance; waivers and releases; reductions in force; employee handbooks; disciplinary action and termination; workplace investigations; wage and hour issues; employment agreements; human resource policies and practices; drug and alcohol testing; severance agreements; employment at-will/wrongful discharge; unemployment compensation claims; restrictive covenants and confidentiality agreements.  With your law degree and State BAR certification you can start setting up your legal practice. You will need an office, furniture and equipment.  You will also need paralegal assistance to get started.

5 Environmental Law Practice

This is a vast area with the potential to create a thriving business.  Environmental law practice cover issues surrounding the environment including water and air quality, hazardous waste, species protection, agriculture, wetlands, biodiversity, waste management.  Help building owners build and operate energy efficient buildings.  Assist clients in gaining "Green Certification" for their products. Help clients obtain energy efficiency incentives from local governments.  Advise clients on renewable energy policies.  With your law degree and State BAR certification you can start setting up your legal practice. 

6 Family Law Practice

Family Law involves the practice of divorce, custody, child support, paternity, adoption, spousal support, protection from abuse, termination of parental rights, division of assets and liabilities, dependency and child neglect, etc.  With your law degree and State BAR certification you can start setting up your legal practice. You will need an office, furniture and equipment.  You will also need paralegal assistance to get started.

7 Foreclosure Law Practice

In this type of business you assist lending institutions, bankers, and property owners in the foreclosure process and help protect property owners from losing their property.  Represent clients in bankruptcy court; Conduct forfeiture proceedings;  Conduct judicial and non-judicial foreclosure sales; Assist lenders recoup their capital investment; Collect on collateral and deficiency balances; Drat deeds in lieu of foreclosure; loan modification agreements; loan forbearance agreements; and loan sale agreements; repossessions; foreclosures, evictions, Advise homeowners on non-bankruptcy options;  Pursue claims for predatory lending practices; Negotiate forbearance agreements, short sales, refinancing agreements or mortgage modifications; Advise clients regarding the debt relief available under the Bankruptcy Code; Mitigate fees and improper prepayment penalties; Advise clients of their rights under federal and state unfair debt collection practice laws; etc.  This is a lucrative business area.  tens of thousands of homes are foreclosed upon every day.  You will require to have a law degree and pass the state BAR in order to practice in the respective state.

8 Intellectual Property Practice

This involves helping clients with copyrights, trademarks, patents, licensing, technology transfer, trade secret protection, etc. This practice could span the globe and require to go before federal and state courts, the U.S. Patent and Trade Mark Office and the International Trade Commission.  A law degree is required to setup this kind of business.  You don't need a lot of office space.  As soon as you can fill the office with furniture, filing cabinets, phones, fax machines, copiers and computers, you're in business.

9 Litigation Practice

Represent plaintiffs and defendants in civil cases.  Litigation Attorneys/Trial Lawyers perform services such as initial case investigation/assessment, pleadings, discovery, pretrial, trial, settlement and appeal.  With your law degree and State BAR certification you can start setting up your legal practice. 

10 Mediator

In this practice you will facilitate negotiation and settlement between disputing parties.  Additionally you will prepare court reports and case histories, and other documents, enact legislative enactments and court rulings.  More and more cases are being pushed towards mediation in order to reduce the caseload on the courts.  This is a good business that does not require much upfront investment to get started.  No law degree or formal certification is required.  You can obtain some formal training and start your practice.  With a location, furniture, equipment and you can begin your practice.

11 Product Liability Practice

In this practice you will defend manufacturers and sellers of alleged defective products or you can represent plaintiffs who are suing to collect damages.  The opportunity for huge profits exists in this field.  To start this business you need a law degree and State BAR certification.

12 Real Estate Law Practice

Real Estate Law practice deals with the purchase, sale, financing and development of land and buildings. Your clients will be developers, tenants, investors, banks or corporations on matters relating to residential or commercial real estate.  To setup a business in this field will require a law degree and State BAR certification.  A background in real estate would be a plus.  You don't need a big office to get started. 

13 Tax Law Practice

In this type of business you will advise corporations and high net-worth individuals in all areas of the tax law and represent your clients before state and federal tax authorities.  This type of practice have a high qualification threshold.  A Juris Doctorate degree is a minimum requirement.  Most tax attorneys are also CPA's and MBA's. With a location, furniture, equipment and you can begin your practice.