Re: Life After Solo

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Cecile, good ideas. Cut all costs. Consider not eating for a
month and living on juice while you build your practice.
On 11/11/06, Cecile H wrote:
> you need to slash your overhead. Get rid of your help and do
> your clerical work on your own. Assess your marketing and
> get rid of what you can. Share office space. You need to
> restructure and you can make it! Dont give up-
>
>
>
> 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.