So you want to be your own boss, huh? You want to set your own hours, make your own decisions, and answer only to yourself. And what better way to do that than by starting your own law firm?
Starting your own law Jeremy Schulman firm can be a daunting task. There are a lot of moving parts, and if you’re not careful, it can be easy to get overwhelmed. But don’t worry! We’re here to help. In this blog post, we’ll walk you through everything you need to do to start your very own law firm. So let’s get started!
The first step in starting your own law firm is deciding what area of law you want to practice. This may seem like a no-brainer, but it’s actually vitally important. Why? Because the area of law you choose will dictate everything from the type of clients you work with to the type of cases you take on.
For example, if you decide to practice family law, you can expect to work with clients going through a divorce, child custody battles, and other emotionally charged situations. On the other hand, if you choose to practice corporate law, you can expect to work with large businesses on things like mergers and acquisitions, contracts, and compliance issues.
Of course, before you can start practicing law, you need to be licensed by your state bar association. The requirements for getting licensed vary from state to state, but generally speaking, they include passing the Law School Admission Test (LSAT), completing a JD degree from an accredited law school, and passing the bar exam.
Now that you have your license and are ready to start practicing law, it’s time to find a place to do it! Depending on your budget and desired location, there are a few different options available to you:
- – Rent an office in a shared workspace – This is usually the most affordable option and is perfect if you’re just starting out or if you don’t have many employees.
- – Rent an executive suite – This is a good middle-of-the-road option. It’s more expensive than renting an office in a shared workspace but is still relatively affordable. Plus, it comes with some added perks like access to conference rooms and common areas.
- – Lease commercial office space – This is the most expensive option but also gives you the most control over things like design and layout.
One of the great things about starting your own law firm is that you get to decide who you work with—and that includes deciding whether or not to hire employees. If you’re just getting started and working on a tight budget, it might make sense for you to go solo for a while until business picks up and then hire some help later on down the road.
Starting your own law firm can be a daunting task—but it doesn’t have to be! Just follow these simple steps and soon enough you’ll be well on your way to hanging out your very own shingle: choose your practice area; get licensed; find office space; hire some help; market your business; build client relationships; repeat! Good luck!