Finding a job as a lawyer is harder than you think. Most of the positions in the legal department in both the government and private sectors are still filled-up. Most often than not, top companies are looking for experienced lawyers which leaves fresh lawyers a narrow path to land their first jobs.
Thanks to some lawyers with entrepreneur skills, many law firms are being established almost every year. This serves as a stepping stone for many new legal practitioners to hone their skills and get the necessary experience. But do you also want to have your own law firm in the near future? Here is how you can start your own law firm.
Be optimistic. Starting young doesn’t mean you will not succeed. Of course, you will be competing against giant law firms but your chance to survive and be recognized is high. A start-up company possesses several advantages over established law firms. Since you don’t have enough clients yet, you can devote more time representing few cases. This translates to quality and fast services which many clients want.
Keep it clean. You don’t need a lot of capital to start a law firm. You don’t have to rent an office space in an expensive building to define your brand. You also don’t need sophisticated equipment for you and your staff to do the job. All you need are computers, tables, and telephone and that should work just fine.
Specialize in one or two areas of law. Law is a very encompassing subject. Being a general practitioner lawyer is good since you will learn a lot from many fields of law. But it will not make you an expert in one subject matter. Your market will find it hard to brand your law firm, consider hiring only the best Dallas tax attorney However, if you will specialize in one to two fields of law, say corporate law and taxation, people who need lawyers for these specific concerns know that your law firm handles these cases.
Follow the right protocol when you are about to leave your current job. Be on good terms with your former employer. Talk to the right persons and take time to say goodbye to your colleagues. Create a good transition from being an employee to being an employer. Your credentials and work history will come into play later on so if you will leave your current job, better do it right.
There are other things you need to consider when establishing your own law firm. But as a start, following these tips will ensure that you are on the right track.