Thinking about going solo as a lawyer is one thing. Being ready to start and run a solo law practice is another.
Before you make the move, there are practical questions to work through about your background, practice area, clients, pricing, referrals, systems, budgets, support and timing.
If you are thinking about going solo, there are some questions you need to ask yourself early.
What is your background? How does that help you going solo?
Why do you need to go solo? Do you really want to?
What areas of law do you want to practise in?
What work have you been doing that you can leverage off?
What is a realistic start date?
Where is the work going to come from? From whom?
What are your top three priorities for the first three months of operating?
What worries you most about going solo?
Have you thought about offices, home office setups, compliance systems, referrals, networking and structure?
What about the challenges of sporadic income in the first few years?
What about tax, overheads and expenditure?
What is your unique value proposition?
Can you work alone?
What sort of admin. support are you going to need?
What services will you be offering?
How will you be using AI?
What tech stack are you going to use?
Who are the other people who need to support you?
These are just a few of many practical questions that sit behind the decision to go solo.
