Anonymous User wrote: ↑Sun Mar 13, 2022 6:45 pm
Premise: Individual can suffer for a few years in biglaw. Individual is not risk averse (aka huge balls

). Individual is very interested in the business side of things and has relevant skills.
TLDR/ is having a quasi-successful solo a complete pipe dream or not? If not, what steps does one take to best achieve this?
What are the chances of success looking like? What path would best contribute to this?
I (
no experience practicing law) had in mind;
Lower T14 w/ $$$->Biglaw lit 2-3yrs->boutique lit (feasible?)->solo
T6->Clerkship->Boutique lit->Solo
I genuinely feel I would be very fulfilled in running my own practice. The stress of bringing in business is something I enjoy and makes me more passionate. I’ve read the ‘story’ of a few successful solo firms and it seems they did it differently. Some pouring all their $$ into advertising while others did the exact opposite.
I love the business side of things as much as the legal side and am curious if anything I wrote is feasible. Thank you!
P.s you are welcome to roast me.
I did this. I'm a little over a year into my firm. Been pretty successful. Had three cases make the local news in my first year and one make it to BET. I do plaintiff's employment law. Never did employment law in biglaw.
My advice would be to learn SEO. It's not hard, but is a real competitive advantage if you know it at a deep level. But there are lots of ways to do it. The hustle route is having two lunches a week with referral partners. I don't do this. But I know people that have built a practice just on referrals.
The other way is advertising/SEO. You can do this for most practice areas still, although boomer lawyers are finally starting to figure it out. You can't do it for PI, which is the most lucrative area by far. Happy to answer any questions. Here's my website for reference:
www.employment-labor-law.com
Edit: I saw some of the above posts and I agree with very little of what was said. Biglaw was immensely valuable for me. True, it's harder to get experience. But you learn good habits, which will set you apart. Writing quickly and well and client service are things that I could not have learned elsewhere like I did in biglaw.
Also, I have a big war chest. I still don't make that much money because I reinvest. I have a full-time employee that operates at a lawyer level. I plan on hiring my first associate in the fall. I have more business than I can handle.
I also have three friends, all from biglaw, that have gone solo in different practice areas (corporate and trademark). They are doing extremely well and were able to take clients from their old shops.
Further, yes, lay people aren't going to generally know the nuances of prestige. If you're deadset, Cornell is a great option. I went there. And my clients love the fact that it is an Ivy-league school. They wouldn't care about UVA or Michigan. But lay people know that ivys are good.