What You Need to Know About Offering Legal Advice

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When clients are pleased with your services, they will naturally want to entrust you with more of their needs. But what happens when they ask you to take on work that is beyond the scope of your financial and compliance services?

For example, say you have a client who is currently operating a business as a sole proprietor and now wants to form an LLC. Although you want to help (after all, it would bring additional revenue for your practice), you’re afraid you might put your business at risk by giving the appearance of “practicing law without a license.” This would be a valid concern.

The fact is CPAs (unless they are also attorneys) may not provide legal guidance or services that require a law license. So how can you help?

Helping Without Stepping Over the Legal Services Line

A member of a Facebook group that I manage recently posted a discussion on this topic and asked the question if any of the accountants in the group prepare and file business formation documents for their clients. She was approached by her clients about performing those services and worried that it might put her in legal hot water.

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About Nellie Akalp

Nellie Akalp

Nellie is CEO and Founder of Corpnet.com, a resource for business incorporation, LLC Filings, and Corporate Compliance Services in all 50 states. CorpNet’s partner program is aimed at accountants who want to streamline the business incorporation and compliance process for their clients.


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