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SmallLaw: A Law Practice Survival Guide for the Involuntarily Solo

By Mazyar Hedayat

Originally published on July 20, 2009 in our free SmallLaw newsletter. If you hung out a shingle at a leisurely pace with cash reserves, strong credit, a book of business, and no regrets, dust off a copy of How to Start and Build a Law Practice by Jay Foonberg. The rest of you might want to keep reading, however. This installment of SmallLaw addresses the swelling ranks of the newly unemployed (law firm layoffs) and involuntarily self-employed (178 law schools, 40,000 graduates) who thanks to this year of breathtaking economic free-fall have decided to go solo. Top 10 Solo Traps to Avoid ? As you read through the list below, keep these common traps in mind, as they represent the most palpable and often the most fatal blows to would-be sole practitioners: 10...continue to full post

Full post as published by TechnoLawyer Blog on July 27, 2009 (boomark / email).