When lawyers go out on their own it’s called going solo or hanging a shingle. In other professions it is often just called freelancing. I recently sat down with a newly minted full time freelance designer. The lessons she has learned since going out on her own are definitely applicable to any aspiring solo practitioner.
Have Enough in the Bank
Abby Gleason, owner of A.Gleason Design & Photography, made the decision to leave her job a few months ago. She originally intended to wait a little longer to leave, but once she made the decision it was tough to stick around. As a result, she left with a little less money in the bank than she had hoped. Now, several months into her career as a freelance designer, Abby wishes she had put a little more money in the bank. With 20/20 hindisght Abby recommends having at least six months worth of living expenses saved up. I would add that a year of living expenses is ideal, but potentially difficult to achieve. Either way, a six to twelve month buffer can take, in Abby’s words, “loads” of pressure off your first few months as a solo practitioner. Then, after your first six months, hopefully you can look ahead and try to focus on the positives.
Expand Your Network
As a solo practitioner, it’s easy to feel like a lone sailor in a sea of law firms. That’s one reason why it is important to create a quality network of attorneys you can count on for advice or referrals. But it’s just as important to have a network of other professionals you can call. Looking for local groups on Meetup.com is a great way to find like minded individuals. Don’t just search for lawyer groups though. Any small business group is a terrific opportunity to meet other entrepreneurs in your area. Those entrepreneurs could be your future clients. Also search for your interests to see if there are related meetups. The groups are pretty diverse. In Pittsburgh I was able to find meetup groups for runners, WordPress users, and geeks.
Never Stop Learning
We all know that aside from some skills classes, law schools generally don’t teach you how to practice law. And that’s just the start of your educational deficiency. What about business concepts? Nobody has ever taught me how to manage a business’ bank accounts or write a business plan. Luckily there are several places you can go to get the knowledge you need.
Abby recommends Lynda.com, a site aimed at teaching you how to use various pieces of software. It’s only $25 a month and covers quite the array of applications. You can learn how to program in several languages, use Quickbooks, or create fancy Excel spreadsheets. There isn’t any commitment, so if you don’t find it useful you can just cancel the membership.
The Solo Practice University is a large repository of lectures on subjects aimed at, you guessed it, solo practitioners. At $125 a month it’s a much larger investment. But the content is more focused on the legal profession, so it may be more valuable depending on your needs. Solo Practice University also has a lot of free audio lectures that you can listen to before enrolling.
A great free place to go for advice is the Lawyerist LAB. It’s an active group of lawyers and legal professionals from around the country, and everyone is always willing to lend a helping hand.