Importance of a Local Counsel:
Local Counsel is a relatively unknown fact of law firms. The leading law firms may also outsource this service. It involves the engagement of a law practitioner who is well aware of the mechanism of local courts and the human units involved in the proceedings. The outsourcing is primarily to mitigate cost concerns in uncomplicated hearings. Local counsel appointment holds importance in some practice areas which come under the jurisdiction of the law. Case files involving the confiscation of assets, receiving of debt, and insolvency come under the work jurisdiction of local counsel. Newly established law firms seek local counsel for several reasons. It is highly advantageous for them to begin a yielding business since their time of inception. Firstly, it is a comparatively easy and the most fruitful methodology for generating profit. Profitability indicates an increase in cash flows. If the firm fails to achieve the revenue benchmark, it shall succumb to its closure very quickly. Secondly, the attorneys hired for providing local counsel services to their clients help the system of courts to work efficiently as well. The presence of these lawyers on behalf of the law firm in every minor level court hearing helps in smoothing out the legal working of the court of law. Consequently, the judicial bench will be able to give due importance to other complicated case files accordingly. Law Firms often neglect this prime source of profit generation. Local counsel is not given appropriate consideration to a level it deserves. This stream of business practice remains unexplored. It is the most ignored strategy of earning more money for your law-oriented business unit. Its substantial value doubles up when you think of starting a brand new law firm. The initial stage of setting up a name for your law firm is the most crucial of all. Adopting the right and the most lucrative strategies at this stage yield the most at a later stage. Hiring local counsel is one such strategy that promises you nothing but a guaranteed success. Acclaimed attorneys who have been in the law practice for many years can duly know the actual value of local counsel service.
Importance of a Lawyer:
Importance of a Lawyer can’t be ignored or neglected. The importance of a Lawyer should not be put aside when the matter can only be resolved by the Lawyers. Lawyers/Advocates are the professionals who know how a job can be done and how quickly a job can be done. People who think that a Lawyer is a wastage of time or wastage of money put themselves in serious danger. It has been found in UAE several times that people preferred to hire a lawyer who is less experienced or kind of freelancer and they lost the case. It is also found in UAE that people who hired a good Lawyer in Dubai, UAE won the case(though it also depends upon the other factors too). The people who also approach legal consultants before taking legal action, get a legal solution as well as a legal pattern that what to do next if a situation appears on a sudden basis. The immediate arrangements might cost double or not a good selection. It all indicates the importance of Lawyers.
It can also be understood through an example. A person working on a “Limited Employment Contract” can think that he can resign like an “Un-Limited Employment Contract”(though it does not apply on all VISA Categories too). But it is not like that. He might be getting a Labour Ban and a 45 Days Salary Compensation which he owes to the employer. All such things can be explained by a Lawyer e.g. Labour and Employment Lawyer in a very professional and elaborative manner. This one-time Consultation Cost will save the people from big losses that might come in future.