Benefits of a Solicitor's Chambers in Sydney CBD
Transcript of Benefits of a Solicitor's Chambers in Sydney CBD
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Solicitors Chambers Practice
David Beattie
Jennifer Miller
| Director
| General Manager
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Commenced at
222 Clarence Street
Founded in 1993 Now at
Levels 3, 8, 10 & 11
65 York Street
CLARENCE PROFESSIONAL OFFICESHISTORY
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Initially 2 Solicitors,1 Financial Planner &
1 Business Consultant
CLARENCE PROFESSIONAL OFFICESHISTORY
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NOW, over 70
Solicitors and 100
Other Professionals
CLARENCE PROFESSIONAL OFFICESHISTORY
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AREAS COVERED BY SOLICITORS
Property
Commercial Law
Family Law
Employment Law
Commercial and Civil Litigation
Liquor LicensingProbate and WillsEnvironmental LawCriminal Law
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Loneliness
Inability to discuss matters with other practitioners
Inability to refer matters outside area of expertise
Inability to take holidays or sick leave
Difficulty in keeping up with changes in the law and practice
PROBLEMS OF SOLE PRACTITIONERS
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These sometimes result in…
Delay in taking action
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These sometimes result in…
Taking wrong course of action
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Leading to…
Claims for professional negligence
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Leading to…
Long hours of work
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Leading to…
Depression and other mental illnesses
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BENEFITS OF A SOLICITORS CHAMBER
Keep overheads to a minimum
Informal sharing of legal precedents
Sharing the costs of a DX facility between thosewho wish to participate
Sharing the costs of LEXIS NEXIS between thosewho wish to participate
Access to CLE Seminars
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BENEFITS OF A SOLICITORS CHAMBER
Opportunity for referral of matters to and from other solicitors
In-house bookkeeping and secretarial services charged at an hourly rate
Opportunity to arrange matters to be looked after whilst absent from the office or on holidays
Ability to discuss and bounce off issues with other solicitors
Interstate offices
Keep overheads to a minimum
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Source: IBISWORLD May 2012
Profit (30.1%)
Rent (6.5%)
Utilities (1.2%)
Depreciation (1.2%)
Communications (2.5%)
Insurance (4.8%)
Wages (26.5%)
Purchases (6.4%)
Other (20.8%)
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COSTS INVOLVED
Virtual Options
$104 - $325 per month (Plus GST)
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COSTS INVOLVED
Serviced Office Options
$1,100 - $3,500 per month (plus GST & telecommunications)
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CHAMBERS PRACTICEHOW IT WORKS
Receptionists to answer callsin your Firms & greet your clients
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CHAMBERS PRACTICE
Work from office or from home (teleworker)
HOW IT WORKS
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CHAMBERS PRACTICE
Access to conference rooms
HOW IT WORKS
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CHAMBERS PRACTICE
Access to kitchen facilities
HOW IT WORKS
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CLARENCE PROFESSIONAL OFFICES
Website
TECHNICAL SUPPORT
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CLARENCE PROFESSIONAL OFFICES
IT Support
TECHNICAL SUPPORT
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CLARENCE PROFESSIONAL OFFICES
Legal Secretarial Support
TECHNICAL SUPPORT
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CLARENCE PROFESSIONAL OFFICES
Access to Central Photocopier and Facsimile
TECHNICAL SUPPORT
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CLARENCE PROFESSIONAL OFFICES
Accounting Support
TECHNICAL SUPPORT
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CLARENCE PROFESSIONAL OFFICES
Mail and Courier Services
TECHNICAL SUPPORT
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OTHER INTANGIBLE ADVANTAGES
Ability to practice wellinto one’s seventies
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OTHER INTANGIBLE ADVANTAGES
Pleasant workingenvironment (no politics)
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OTHER INTANGIBLE ADVANTAGES
but with none ofthe disadvantages
All the benefitsof working in alarge law firm
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So do they work?
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LAW SOCIETY OF NSWCHAMBERS PRACTICE GUIDE 2004
96.4 %would recommend this style
of operation to colleagues
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SMALL LAW FIRMS
SMALL LAW FIRMS IN AUSTRALIA
2-4 Partners (1541) Sole Practitioners (8872)
Source: IBISWORLD MAY 2012
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JOINING A CHAMBER PRACTICE,CHECK…
How long the Chambers Practice
has been in operation
The number and names of solicitors
and others in the Chambers practice
including their areas of practice
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JOINING A CHAMBER PRACTICE,CHECK…
The license fee and what is included
in the fee. e.g. Are meeting rooms included
or are they extra?
The expiry date of the licensor’s
lease and, if there is an option to
renew, for how many years?
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JOINING A CHAMBER PRACTICE,CHECK…
Whether there is room in the premises
for you to expand, i.e. employ another solicitor
Quality of their telecommunications –
you want to know you have
mobility & reliability
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CLARENCE PROFESSIONAL OFFICES
For further information:
Brochures available
Talk to Jennifer Miller or David Beattie
Come and Visit
New Flagship Floor - Level 11, York Street, Sydney