If you are thinking of starting up a law firm, should you bother, or is the market already overcrowded?
Well, I firmly believe that there are still significant opportunities available for anyone starting a law firm this year. In fact, I receive visitors to my website every day thinking of starting a law firm right now so it is clear many other people feel optimistic too!
I have also seen many solicitors successfully start up their firms over the course of the last year. Before I knew that I was going to be a marketing consultant for law firms I briefly considered setting up my own firm, but I knew that my heart would not be in it. My love is for marketing legal services as opposed to the provision of them, so I set up Samson Consulting and am very glad that I made the right decision.
However, if you are thinking of setting up your own firm, what are the steps or processes that you need to go through to successfully achieve this? What are the management and financial issues you need to consider. What about the marketing and staffing issues, not to mention all of the compliance challenges? How do you juggle all of these issues whilst providing the excellent client service you will be looking to provide?
Well take some help from my 21 Point Setting Up A Law Firm Checklist below. All you need to do is enter your details in the form below. If you are serious about starting a law firm, you really need this guide!
Author: Nick Jervis