Startup Law Firm

Start Up Law Firms

Start Up Law Firm provides advice and helpful tips to lawyers and the legal community on starting up their own law firm. Whether you’ve left your firm to work as a sole proprietor or you have a partner in your new legal venture, getting your startup law firm up and running can be extremely challenging and stressful.  You’ll be busy with hiring legal staff, securing an office, creating a legal entity, finding the right CPA, and so on.  From pre-launch considerations to managing the day-to-day operational issues, creating a successful startup legal firm can be daunting.

With some careful planning and the right research and gameplan, these struggles can be minimized, and in many cases avoided: through a well-planned pre-launch, realistic goals, and the right marketing techniques after launching your new startup practice, you can place yourself in the optimal position for your first year flying solo.

Our Law Firm directory lists up to date information of lawyers and can be found easily by law firm name or geographic location. Running a successful legal practice in today’s market demands knowledge in business and marketing.

The good news?  The vast majority of lawyers starting a new small practice succeed eventually, many even exceeding the income levels they reached in larger firms. But most startup lawyers struggle in their initial years on their own, especially during the first year.

With some careful planning and the right research and gameplan, these struggles can be minimized, and in many cases avoided: through a well-planned pre-launch, realistic goals, and the right marketing techniques after launching your new startup practice, you can place yourself in the optimal position for your first year flying solo.

Running a successful legal practice in today’s market demands knowledge in business and marketing.

How can you generate business for your firm?

– For starters, you need to have a web presence. It can legitimize you, and it can drive your business. You can start by posting on Craigslist. You may not land a million-dollar client that way, but everyone has to start somewhere. There are referral services available online. There’s Avvo.com, as well as LinkedIn and Facebook.

What is the ballpark budget for starting your own firm?

– Maybe $3,000, plus your malpractice insurance (which can range from $1,000 to $3,000 a year), plus your health insurance and office space costs (a few hundred dollars a month each). All in all, you’re probably looking at about $10,000 for the first year. Join a bar association; your dues will get you a lot. You can get access to some legal research services, useful forms, conference rooms, and other resources. It is not necessary to have full-time support staff when you start out.

How do you figure out what to charge your clients?

– Try to get a sense of what other practitioners in the field are charging — but don’t compare yourself against a big firm, which will be much more expensive. It can be helpful to accept credit card payment. Just be careful not to mix your business funds and your client funds.