To Start or not to Start? That is the Question.

by LawSpaceMatch


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Test Are you thinking about opening a solo law firm? Starting a solo law practice allows you to be your own boss and work when, where, and on what you like. Drawbacks of opening a solo law practice include being solely responsible for everything (finances, management, marketing, etc.) and possibly longer hours. So before you start a solo law practice, read on for some things you should know beforehand.

Understand Yourself

The first thing you should do when deciding to start your own law practice is to ask yourself the following questions. Do I have the right skills and attitude to run my own business? How well do I tolerate risks? Am I an entrepreneur? Running your own business requires managerial, finance and marketing skills. Not only do you have to be confident with your legal knowledge, but you also have to be willing to learn or refine your business skills.

Game Plan

If you still want to open a solo law firm after assessing your entrepreneurial and legal skills, develop a plan of action for your practice.

Use Legal Apps

Legal apps can assist you in working remotely and being a paperless law practice.

Consider getting a Mentor

Having more experienced attorneys in your law space who can help by advising about how to set flat rates or billing hours, counsel about a particular area of law outside of your growing expertise, valuable introductions to other lawyers and judges and lastly, perhaps referral business. Again, you can find your mentor with shared law space.


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