There’s a change in the way law firms are starting to operate in the UK. It’s more profitable, more economical and also gives clients greater access to solicitors.
One law firm started out with just eight partners in May 2008. The company now has over forty-four partners throughout the country and is still growing.
This firm doesn’t have too worry about finding office space big enough to accommodate their growth. The partners are spread out across the country and most work from home. It sounds to good to be true, especially as the firm has a presence in most counties, with prestigious addresses almost everywhere. How?
This is probably one of the finest examples of how one of the countries fastest growing law firms is setting one of the industries newest trends - Virtual Offices - companies that don’t need office space to operate but still want the prestigious address and the support when its needed. Using only a laptop computer, mobile phone, wireless Internet and computer networking, they can remain connected to each other and their clients without ever stepping foot outside of their front door.
Across the Atlantic the 2009 Legal Technology Survey Report by the American Bar Association reported about 6 percent of more than 880 attorneys surveyed said they use a virtual office (that’s a 4% growth in one year), while about 77% said they use email and remote office technology in some way (a rise of 13.7% in the year).
One UK Law firm said “We chose this model as its' cost effective and works nationwide enabling us to grow, but we are in the early stages,” Wilson said. “The main advantage has been that we can offer solicitors in most towns throughout the UK with prestigious office addresses next to the bigger law firms.”
Wilson is looking to expand globally and because his model in the UK is so successful, he is looking to start his expansion in to Europe. The Virtual office solution for Law firms was first seen in the USA, where groups of lawyers across states linked up to form a network of law firms which could assist anyone in any state and only had to remember one company name.
“This is not just a cost-savings model,” Wilson said. “Yes, it saves a tremendous amount on overhead, but it also allows our staff members flexibility in the hours that they work.”
Wilson said he started the firm in 2008 because his law partner at his former firm was not as willing to hop on the green and virtual bandwagon at the same rate as him. He said the firm saves on warehouse storage costs by scanning all documents to CD and then shredding the paper to recycle.
One of the advantages of the Virtual Office solution is that they hold meetings with clients at either the clients offices or they simply book a meeting room for the duration of the meetings required thus enabling them to answers phone anywhere, anytime
One law firm started out with just eight partners in May 2008. The company now has over forty-four partners throughout the country and is still growing.
This firm doesn’t have too worry about finding office space big enough to accommodate their growth. The partners are spread out across the country and most work from home. It sounds to good to be true, especially as the firm has a presence in most counties, with prestigious addresses almost everywhere. How?
This is probably one of the finest examples of how one of the countries fastest growing law firms is setting one of the industries newest trends - Virtual Offices - companies that don’t need office space to operate but still want the prestigious address and the support when its needed. Using only a laptop computer, mobile phone, wireless Internet and computer networking, they can remain connected to each other and their clients without ever stepping foot outside of their front door.
Across the Atlantic the 2009 Legal Technology Survey Report by the American Bar Association reported about 6 percent of more than 880 attorneys surveyed said they use a virtual office (that’s a 4% growth in one year), while about 77% said they use email and remote office technology in some way (a rise of 13.7% in the year).
One UK Law firm said “We chose this model as its' cost effective and works nationwide enabling us to grow, but we are in the early stages,” Wilson said. “The main advantage has been that we can offer solicitors in most towns throughout the UK with prestigious office addresses next to the bigger law firms.”
Wilson is looking to expand globally and because his model in the UK is so successful, he is looking to start his expansion in to Europe. The Virtual office solution for Law firms was first seen in the USA, where groups of lawyers across states linked up to form a network of law firms which could assist anyone in any state and only had to remember one company name.
“This is not just a cost-savings model,” Wilson said. “Yes, it saves a tremendous amount on overhead, but it also allows our staff members flexibility in the hours that they work.”
Wilson said he started the firm in 2008 because his law partner at his former firm was not as willing to hop on the green and virtual bandwagon at the same rate as him. He said the firm saves on warehouse storage costs by scanning all documents to CD and then shredding the paper to recycle.
One of the advantages of the Virtual Office solution is that they hold meetings with clients at either the clients offices or they simply book a meeting room for the duration of the meetings required thus enabling them to answers phone anywhere, anytime
Written By: Andrew Havey (Glasgow Business News)
The broom cupboard in Mayfair was the starting point for a company with £130 million turnover and shows that with some imagination getting a great business address is within the reach of all new businesses.Look at using a virtual office to increase the bank ability of your address and have a receptionist to take your calls as a way of improving the outbound persona of your website.
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