REQUIREMENTS FOR LAWYERS IN PRIVATE PRACTICE
Designation of Responsible Lawyer
Pursuant to the Rules of the Law Society of the Northwest Territories, Lawyers (Private Practice) and Law Firms are required to apply for and designate a responsible lawyer prior to practicing in the Northwest Territories.
For more information about setting up private practice in the NWT, click here.
You may designate a Responsible Lawyer through the member portal.
Annual Reports
Pursuant to Section 48 of the Legal Profession Act, members are required to provide annual reports to the Law Society of the Northwest Territories by September 1.
Scenario 1
- If you are a sole practitioner that operates a trust account in the Northwest Territories or
- If you are the Responsible Lawyer of a firm that operates a trust account in the Northwest Territories or
- If you are a sole practitioner that is located outside of the Northwest Territories but are insured by the Law Society of the Northwest Territories
You are required to complete and file the following with the Law Society of the Northwest Territories:
Scenario 2
If you are a sole practitioner that is located in the Northwest Territories, and you do not operate a trust account, or you are the Responsible Lawyer of a firm that is located in the Northwest Territories that does not operate a trust account
You are required to complete and file the following with the Law Society of the Northwest Territories:
For information about operating a Trust Account in the Northwest Territories, click here
Anti-Money Laundering
Lawyers must follow anti-money laundering (AML) regulations by verifying client identity, ensuring trust funds are tied to legitimate legal services, and maintaining accurate records. They must also comply with law society audits and reporting requirements to prevent misuse for illicit activities.
Click here for more information
Succession and Disaster Recovery Plans
Every lawyer in private practice is required to have a Succession Plan and a Disaster Recovery Plan. Information on creating plans can be found here.
Here are other issues you should be aware of as you start your practice:
- Do you need a business license?
- Do you need to register with the WSCC?
- Have you registered with Revenue Canada?
- Do you need a drop box at the Yellowknife Courthouse?
The Law Society of Alberta has created a Start Up Kit for those considering opening their own office. While some of the information is specific to Alberta lawyers, it is a useful resource for those considering setting up their own office. You can access it here.
