Check Out Our Top 10 Blog Articles!
Law Firm Suites provides weekly blog content to help aspiring and established solo attorneys and small law firms alike. On this blog, we have gathered the top 10 must-read articles to help you on your path to becoming or remaining a successful Solo attorney.
5 Tips You Need To Know Before Practicing As A Solo Lawyer
Starting a solo law practice has many challenges but also many rewards. The success of your firm entirely depends upon how your project and promote your law practice and experience. When you start as a solo law practitioner, you are entirely on your own, and this simply means that you will run your law practice more or less on the principle of running a business. Like a business owner, you will have many things to consider. Start by doing research, scope out the competition in the market, outline your financial goals, and set aside some funds for your startup costs, and carry you during dry months, and advertise your services and expertise.
6 Reasons Why It’s The Right Time To Start Your Own Law Firm
Wherever you’re currently based, it’s important to continually examine your motivations for pursuing your law career and to see how they align with your current practice. Law is a challenging and dynamic career path, but if you find your values diverging from your current firm, it could be time to start your own. Money, respect, and career progression may motivate you to stay where you are, but an independent drive to succeed will place you well to begin your own practice.
4 Lessons Every Young or New Lawyer Needs To Know
Whether you’re seeking professional success or trying to avoid learning the hard way, follow this advice to help develop and grow your legal career. If you’re a new lawyer and starting the journey as a practicing attorney then there are tons of things you will need to quickly learn. No matter if you are starting your own solo practice, joining a small law firm, or jumping right into big law, you’re going to need some help and guidance if you hope to succeed.
Solo Practice and Big Law Firms: How They Differ
For many newly graduated lawyers, the dream of being an associate with a big firm is what carries them through three years of school. They would have access to a plethora of resources, help from clerks and paralegals not to mention, a nice salary. The idea of being assigned a case and working alongside some of the best lawyers in their field is super exciting. Not to mention the added perk of easy access to tons of experience that comes naturally when working with those more experienced than themselves.
Going Solo Practice Without Going Broke
Starting your own solo practice can be both exhilarating and terrifying, follow this article to make sure you are ready for all the different aspects of life as a solo lawyer. After years of being with a firm, corporation or in public service, hanging out your own shingle can be more than a little worrisome. There’s practice management, the issue of drumming up clients, and the cost and risk of a solo practice. This can be intimidating. But, with all of the possible downsides, the benefits are certainly intriguing.
5 Policies & Procedures Your Solo Practice Needs Now
I have so much on my plate that it’s imperative that my practice runs efficiently. Even though I know exactly what I need to do, I’m human and sometimes I forget things or make mistakes. I also occasionally delegate tasks to my virtual assistant and I need them to be done as if I did them myself. This is where office policies and procedures come in. I have step-by-step checklists and instructions for every task that must be done in my practice. It helps me complete every task correctly and makes it easier to delegate to my virtual assistant.
Taking Extra Time Off Can Boost Your Solo Practice [Infographic]
Being an attorney is inherently stressful. The stakes are high since our client’s life, family or money is often on the line. People that become lawyers are typically overachievers and we put pressure on ourselves for perfection. In addition to the pressure we put on ourselves, we have to meet endless deadlines, billable hours and deal with emotional people. It’s a constant struggle to even find a moment of peace because there is so much coming at you at once. Combine all of this and it is easy to see why lawyers often feel burnt-out.
The One Thing That Will Make Your Solo Law Practice Far More Successful
Ever wonder why an attorney with legal skills that are not as good as yours, and who has half your smarts, has a solo law practice that eclipses yours, even on your best month? How that attorney perceives and reacts to adversity (and success) may be the explanation. Those of us who take on the challenge of self-employed law practice, are bound to experience extreme highs and extreme lows, both personally and professionally. It comes with the territory: With the limitless opportunity that self-employment allows, also comes 100% of the responsibility for your ultimate success or failure.
5 Tips to Overcome Self-Doubt in a Solo Law Practice
Solo corporate and M&A attorney, Aimee B. Davis, has an irrational fear of heights. She learned this several years ago on a trip to the Vatican.While climbing to the top of the cupola, Davis had visions of a strong wind that would sweep her off the balustrade, carrying her to a dramatic death in the center of St. Peter’s Square. Though she knew what she was experiencing was completely illogical, she had to consciously stop herself from hyperventilating.
For Solo Attorneys, Polite Small Talk Leads to Better Collection Practices
In 10 plus years of running my own corporate transactional practice, it never ceases to amaze me how many clients do not pay their bills on time, and just how many don’t pay at all. You would think that clients would assume it’s bad business to stiff an attorney, but it happens – a lot. So much so, a year ago my law partner and I began transitioning our practice from an hourly fee structure to a contingency based model doing nursing home abuse litigation.