A shared law office space should not be just a place to do work. Here are five solid reasons for why it is essential for solos to utilize its benefits.
When you go to your office, you want a space that speaks to you in many different ways. Perhaps you want that home away from home feel or just a place you can feel at ease?
If you think about it, shared office space is certainly not everyone’s cup of tea, but you have to think in terms of your profession. Is the shared office space a good choice for you in the long run, especially if you’re just starting out? It just might be the best decision ever.
1. Comfortability in a shared law office space.
Feeling comfortable in your shared law office space is imperative to any solo attorney. Being comfortable means you are at ease to get your work done in addition to other tasks.
Comfort in your shared law office space is frequently promoted by your attorney network that provides a plethora of expertise. Your suite mates not only become your neighbors, but also a necessary resource for you.
2. Utilizing your connections.
The practice of law is an area where connections are an integral element of one’s work.
However, it is common for many new or recently solo attorneys to express ambivalence or even a disdain for working around other attorneys.
This ambivalence or disdain towards working around other legal professionals may be indicative of arrogance or the sheer lack of understanding for what a legal community can do for you when it is at your fingertips.
3. Lawyers understand the power of the referral.
Any lawyer will tell you, the best business lead is a referral, and the best referrals come from other lawyers.
When it comes to referrals, lawyers “get it” because referrals ultimately impact one’s reputation and in law, reputation is everything.
A shared law office space will only do wonders for your business because these referrals act as a strong base for income and the potential for growth is virtually limitless.
4. So much more than just a legal community.
Other things that a shared law office may promote are:
– Lower costs (compared to a standard commercial lease)
– Geographical convenience (case-by-case)
– Staff (to manage the needs of the office)
Keeping costs at a minimum is essential for your law practice to flourish and grow. Many are not aware of the potential expenses of running a business and a shared law office space promotes this quality in full.
5. Don’t ignore a potential resource.
Communities vary with a given location, and that is certainly something to keep in mind, but if you have interest in a shared law office space that suits your needs, don’t wait.
You will most likely regret not taking advantage later when you do not have the amenities or networking community as a resource.