Check Out Our Top 10 Blog Articles!
Law Firm Suites provides blog content to help aspiring and established solo attorneys and small law firms alike. Starting your own Solo law firm is an exciting step but it can also be stressful. On this blog, we have gathered the top 10 must-read articles on the benefits of a Solo Law Practice. Use the great resources in this article to help you plan your solo practice.
The One Thing That Will Make Your Solo Law Practice Far More Successful
How you think about and adapt to adversity in your solo law practice will play a material role in your solo law firm’s ultimate success or failure. 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.
Solo Practice and Big Law Firms: How They Differ
There are several myths and differences between solo practitioners and their big law peers. 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. But what if your personal values and those of that big law firm’s clients don’t line up?
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.
Leaving A Firm and Going Solo: Advice On How To Succeed As A New Solo
Running your own law firm is a daunting task, but these tips can help you build a mindset that will lead to success! Don’t assume that owning your own solo law firm is something mythical or impossible because it isn’t. Yes, it is very different from being an associate or partner working in someone else’s firm, but that doesn’t mean you shouldn’t pursue the idea of being a solo practitioner.
5 Policies & Procedures Your Solo Practice Needs Now
Did you know that 20% of small businesses do not make it past their first year — and nearly 50% will close their doors before their five-year anniversary? Solo and small law firms fall under this same shocking statistic. Nonetheless, eager entrepreneurial lawyers regularly take the plunge in order to follow the American Dream of owning their own firm and being their own boss. If you are thinking about blazing your own path, despite the odds, you are not alone.
5 Inexpensive Tips for Growing Your New Solo Law Firm [Infographic]
Growth is a core objective for any solo lawyer, yet only about a third of small businesses make it past the first 10 years, according to the Bureau of Labor and Statistics. Starting your own law firm is no small task on its own when you consider that literally everything is on your shoulders. But growing your firm takes even more. It requires that you have a clear set of long-term business goals that are cost-effective but still have a high ROI.
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.
Advice For Solo Attorneys To Build Successful Clientele
Being a solo attorney, practicing law can seem intimidating. There is much work, from building your clientele, reputation, managing funds, to researching your cases. This can get overwhelming and exhausting, especially for solo or small firm attorneys. Therefore, here is some advice for solo attorneys to build a successful clientele.
Tips For Keeping Clients Happy as a Solo Attorney
Keeping clients happy is essential to running a successful solo practice. These great tips can help ensure you’re providing the best customer service in your law firm. The number one thing solo attorneys constantly worry about is where they’re getting their next piece of business. Whether it’s from referrals or attracting new prospects, getting new clients as a solo lawyer is tough. But what about once you have clients? This is where customer service comes into play and truly sets the foundation for a successful law practice. In fact, keeping your clients happy may be the key to never worrying about new business.
Should a New Law Graduate Consider Starting a Solo Law Practice?
There are a number of factors to consider when deciding to go solo in general. But for a new law graduate, those factors are doubled. Starting a solo law practice is not an easy task as it is both a business and a profession. Here are a few things to consider before getting started.
