Re: Taking "The Plunge"

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You aren't going to be practicing much bankruptcy...hardly any cases after law
was revised last year. Did you know that 1 in 20 bankruptcy cases will now be
audited? And did you know that if anything foul is found your fees can be
disgorged, or worse? Unless you have real good connections, you have no
choice but to do divorces and criminal defense work starting out. Estate
planning and probate are for the well connected.

How much money do you have saved up?

On 10/24/06, kris wrote:
> Carol,
>
> Just wanted to let you know that you, JF and some of the other *positive*
> posters in this board are a real inspiration. I'm planning to go solo in
> January - I have my office & phone number and little else. My main goal at
> first is to just meet operating expenses - luckily, DH has a good job and we
> don't have to have my income to pay the bills.
>
> How long did it take you and the other solos who actually practice law to
turn
> a profit (i.e., earn a buck). I love the advice about joining local
> organizations, chamber, etc. Could you let me know a little more about the
> "will party" you posted earlier? I've often thought this would be a neat
> idea, but was unsure how to actually go about it w/o being tacky.
>
> My plan is to practice bankruptcy/estate planning/probate. Anyone have
advice
> for a newbie, especially in these areas (please - no get out of law advice!)
>
> Thanks,
>
> Kris
>
>
> On 10/23/06, Carol wrote:
>> On 10/22/06, JF wrote:
>>> Nice response. As I've posted here many times (few seem to believe me),
>>> I built a large real estate practice by taking office space adjoining a
>>> large real estate broker firm, and building relationships from there
>>> (along with becoming active in the local Chamber of Commerce). I, too,
>>> received help from friends, but this happens when you open your office
>>> in your hometown, in a visible spot.
>>>
>>> Building a practice overnight doesn't happen overnight, but it can be
>>> done.
>>>
>> I concur with both you and Mark.