Re: Life After Solo

More | Report Post

Can you do your own clerical work? If you're thinking about
closing your practice, your paralegal is going to lose his
or her job anyway. You may want to consider letting the
paralegal go and continuing your practice alone.

If you're interested in other opportunities in the legal
field, I think there are several small firms or companies
that would give you a chance. Firms like entrepreneurial
attorneys.

On 9/28/06, Elton wrote:
> What is there to do after solo practice?
>
> I have been a solo for 1 1/2 years now as a general
> practitioner. My practice tended to focus on bankruptcy
> and family matters. After new bankruptcy law, my practice
> shifted towards family and consumer law cases. My
schedule
> C will likely show a $5,000 to $10,000 profit this year.
I
> bring in a strong monthly gross, but my profits are
> devoured by bar fees, marketing, networking event fees,
> cle, and a part time secretary/paralegal. I can't make it
> anymore. I need a higher income.
>
> I am depressed about shutting my practice. I always
> believed I would succeed and retire a solo. Anybody have
> any advice on what options are available to someone like
> me? I think my career within the legal field is
finished.
> Firms hate solos and especially failed ones. Any ideas
are
> greatly appreciated.