Posted by Carl Jackson on 11/28/06

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This is a great messageboard. So much more refreshing and
inspiring than www.jdjive.com. Anyway, I've been out of
law school almost five years now, had a clerkship, worked
in a mid-sized firm where I've been doing a lot of work
different from what I thought I'd be doing, partnership is
not likely with this place, and I'd really like to move on
as I feel I've hit a plateau in my learning. I'd love to
start my own practice and the startup costs are not the
problem - I believe I could cover startup and other
ongoing 1st year costs for about $8000 (and I'm sure some
solos think that is on the high side), but...my first year
living expenses are. I figure I won't bring in a
tremendous amount of money my first year as a solo and
even if I do, a lot of it will be reinvested in upgrading
my practice - i.e., moving to a real office, furniture,
higher malpractice insurance, better office equipment,
etc. I also still have law school loans, about $19,000.
Am I wrong about being hesitant?

Surely not every solo practitioner started out in pristine
financial condition.

Certa

Re: Startup costs of my own practice are not the problem, bu, 12/08/06, by JF.

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