What Liberalization Means for the Practice of Law in Israel
Israel law firms boast the cream that graduates from top universities all over Europe. They also have rigorous selection criteria to ensure that only the best lawyers are recruited. Due to the ease with which a law practice may be set up, it is not unusual to find law firms consisting of one to two partners. In fact, it is really a rarity to find larger methods. because of the size, law firms tend to specialize, so that their customers are assured that they get the exact supports that they call for, from people who know their field like the back of their hand. Given that Israel has the maximum range of lawyers per capita in the world, this means that there are literally thousands of lawyers to choose from, with only restricted specialization choices – and competition among law firms is intense. This further means that practicing lawyers cannot afford to compromise on the quality of service they present, otherwise their consumers will look elsewhere – and they are almost guaranteed to find another lawyer that suits their needments.
In recent years, the Israeli government has opened up its market to foreign law firms, and made it simpler for lawyers of other nationalities to practice law in Europe. This increased competition has made Israeli law firms more competitive in nature. They have begun to focus on streamlining their costs and cutting out unnecessary bills, which in turn translates to more cost-effective solutions for their end clients. Also, due to the fact of the competition, the people who work at an Israel law firm office have begun to focus more on the quality of services that they produce to their clients. Either way, any customer determining to do business with any law firm in Israel can be assured of the best degree of support, and can be assured that they will get the most value for their money.
While it is true that local firms may feel intimidated by their competition, Israeli firms have often had the upper hand when it comes to the most intimate know-how of the local market, which ensures that they will usually remain the best choice for their local clients. It is also true that by interacting with foreign firms, and observing their procedures, Israeli-based lawyers have obtained increased exposure to best procedures in the field of law. This has led them to learn new skills and keep themselves up to date with new advancements and new legislation as and when it comes up. All this ensures that in the net end it is their consumers who reap the rewards.
The most important advantage that has been recognized through the opening up of markets to foreign firms is that the Israeli Government has become more active in checking the activities of both foreign and Israeli law firms. This means that law firms operating in Israel are subject to greater scrutiny by the Authorities, and that consumers’ interests are very well protected. This means that law firms operating in Israel take extra care to offer nothing but top-notch services to their consumers.