Law Firm Start-Up: Guide to Starting Your Own Practice
Law Society of Tasmania
CPD Guide: 1 PM
Join Elizabeth Camillo, Forensic Investigative Accountant, for a guide to starting your own firm. This session is aimed at:
- Lawyers planning on setting up their own law practice; and
- Providing a guide to financing a start-up, budgeting, securing a trusted accountant, setting up electronic files, purchasing a practice, and other nitty gritty worth knowing if you're considering starting out on your own.
....so, you want to open a law practice; things to consider before you do:
A brief summary of the following topics:
- Mind-set: are you really a business owner or an employee?
- Research, research, research. This topic will include marketplace, competitors, time frame, resources, capacity.
- Financing a start-up.
- The holy trinity: Business Name, Trademark and URL.
- Securing a trusted accountant/advisor.
- Setting up: your presence, your electronic files, your staff, software subscriptions.
- Purchasing into an existing practice.
If you missed Elizabeth's webinar in April, Trust Accounting: Tips from the Files (Examination Outcomes) and COVID19 - Your Questions Answered this can be downloaded, free of charge, from our website here.
Testimonials from that session are:
Excellent in all aspects.
Easy to follow and things were explained very well.
Clear and to the point - great session.
Elizabeth holds the following credentials: Member of CPA Australia; Masters of Business in Professional Accounting; Post Graduate Diploma in Management; Bachelor of Arts majoring in Economic History and Politics; Certificate IV in Training and Assessment; and Certificate III in Investigative Services.
Prior to commencing her own business, Elizabeth was employed by the Law Institute of Victoria as an Inspector and later as a Senior Investigator. These roles provided her with a significant and broad experience of the various types of operating procedures employed by law practices in Victoria. Elizabeth developed an understanding of the challenges facing law practices and the unique differences between businesses operating within a regulatory framework as opposed to those that do not.
In addition to conducting routine investigations of Victorian law practices and the review of complaints and claims upon the fidelity fund, Elizabeth undertook the continuing professional development of legal practitioners and the training of law practice support staff in the areas of practice management, risk management and regulatory accounting. For a number of years she had the responsibility of delivering a similar course on trust accounting on behalf of the Law Institute of Victoria.
Before commencing employment with the Law Institute of Victoria, Elizabeth taught at Post Graduate level at a Victorian university and worked in finance in the fields of policing, hospitality, financial services and manufacturing. This breath of experience has ensured she is well versed in the corporate operating environment and holds an appreciation that training is required to constantly remind us of our obligations within this environment.
The continuing educational development of those employed in the legal industry is paramount to ensure that regulatory requirements are complied with and constantly observed. A failure to observe this may lead to non-compliance reviews and complaints raised by clients for professional misconduct.
Elizabeth is passionate and committed to regulatory compliance training and has trained staff within accounting firms, conducted CPD in-house training for major law practices, and presented regional Victoria CPD educational seminars.
Limited seats: Please note that this event has an audience capacity of 100. This webinar will however be recorded. Successful recordings will be made available after the event (please allow 2 business days) in the recordings section of the Law Society's website.
Important notice: These webinars, with any associated recordings and papers, are subject to copyright and are provided for the registrant's use only. They (including attendance links) may not be shared. copied, reproduced, adapted, transmitted or otherwise distributed, nor may they be modified or reposted to other sites in any manner.
With thanks to our CPD Program sponsor:
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