Tips and Advice Before Starting A Law Firm in 2016

Many lawyers today are thinking about going solo or starting their own firms. But running a law firm is like running a business, which involves much more than providing legal services. You have to think about billing and business management, when to accept and reject clients, and maintaining a calm composure under a stressful situation. What goes into planning to start your own practice, what essential items should you purchase first, and should you even go out on your own right now?

In this episode of The Legal Toolkit, Heidi Alexander interviews Ben Carter, a Louisville attorney who started a solo practice after spending years at the Kentucky Legal Aid Society, about his experience and advice for others. He recommends newly solo lawyers keep overheads low, run the firm like a startup business, and spend some time in a bigger law firm first (if possible) to acquire the substantive and marketplace experience needed. Ben then discusses what lawyers would need to purchase first: a high end paper scanner, a computer, and malpractice insurance. The interview is packed with useful advice like how much money you might need to save before starting your firm and why choosing the right niche can make up for many other missteps. Tune in to hear this any many more technology, process, and life tips from a successful solo lawyer.

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Law Technology Today
Law Technology Today is the official legal technology blog from the ABA Legal Technology Resource Center (LTRC). Law Technology Today provides lawyers and other legal professionals with current, practical and innovative content developed by some of the leading voices on legal technology.

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  • jimmy peter

    A fantastic new app to look into when considering opening your own firm, is leglaclick. Attorneys are categorized by specialty and offer their services for a fixed fee. All transactions take place online including signatures. Clients are excited at the idea of no unforeseen billable hours, and the seamless method of interacting will help build clientele and revenues.