Investing strategically makes running a small business easier When it comes to running a small business, including an independent law practice, you must make smart decisions about where to use your sometimes limited funds. Two areas where it makes sense to spend a little money for long-term return are technology and business development. Technology makes your [...]
Looking for a job as a new lawyer? Ask yourself these questions. When you are a new lawyer just starting out, the possibilities are endless. You probably feel overwhelmed and don't know where to start. Maybe you already have a job lined up, but many new lawyers are not so lucky: They have to decide [...]
Co-working makes an independent law practice feasible Opening an independent law practice is stressful, and the organization and management required to lease an office only adds to the stress. One attractive alternative lies in co-working spaces. Someone else handles building management, logistics and overhead while you reap the benefits of a professional office environment, including conference [...]
Which technology solutions are worth the investment for your firm? Information technology has become essential to contemporary law practice. Just a few years ago, simply storing files on office computers made legal work easier. Using pertinent technology is especially important for independent practitioners and small offices because it frees you from busy work and provides [...]
Reaching potential legal clients on a budget A strong website, a blog, a social media site and local online business page brings plenty of eyes toward your company. While it's vital to have an online presence, an offline presence is equally important. A physical location is the first thing independent lawyers need to secure. A [...]
Look beyond networking events Building a network as an independent practitioner can be more daunting than fending off fellow attorneys in court. Fortunately, there are various solutions to building connections and clientele. Entrepreneurial lawyers need a support system that includes a circle of industry peers and potential mentors. Networking events and industry group gatherings are [...]
Making a smooth transition to independent law practice There are lawyers everywhere who are satisfied with working for big, corporate law firms. With that being said, there are many others who would rather branch out and try to make it on their own. If you are one of the many lawyers making the mid-career move to [...]
Where to find funding for your law business If it were 1910, you could open a law practice for two in a small, one-room office and sit knee-to-knee at a two-sided desk. All you would need is a file cabinet and a supply of legal pads and pens. Now, you need at least sophisticated telephones, [...]
Independent law firm rules and regulations Lawyers entering solo practice face some unique issues in addition to the usual small business challenges. If you're considering starting, or have recently started, a solo or small-firm practice, make sure you're prepared to handle these five key challenges: Marketing and advertising Lawyers, unlike other professions, often face strict rules [...]
