Can I have multiple companies, and also have a law firm at the same time?
Jan Meriss Alfonso Assistant at Parklin Law Can I have multiple companies and also have a law firm at the same time? Yes, it is possible to have multiple companies and also a law firm at the same time. When you own a company, your role is that of an officer, director, or shareholder and you will be responsible for the management of the company. Working as a lawyer in your firm When you are working as a lawyer in your firm, you are essentially an independent contractor with your own business and you will be responsible for your own taxes and insurance. Most lawyers are confused about the difference between a company and a firm. I think it is because there are many types of entities and each entity has different advantages and disadvantages. So I will try to explain the differences and then give you my opinion on whether you can have a law firm and multiple companies at the same time. Limited Liability Company While there are many different ways to run a business, it is ...