Originally posted by: SSibalNom
general questions from 1st year law student: how difficult is it running your own firm? like do cases just come to you from other lawyers.. or are there other ways to find clients besides advertising? i was told by a few lawyers... the more u have to advertise the worse of a lawyer you are, is this true @,.@?
Well, you have asked a lot of questions, and I'll try to answer them to the best of my ability.
The hardest thing about running your own firm appears to be paperwork, like quarterly filings and accounting. Lawyers have to have multiple bank accounts to keep client money from mixing with the attorney's money.
The great thing about having your own practice is that lawyers will send you business - if they know you. It is a confidence thing. They really don't want to send business to someone that will soil theur reputation. If you are interested in starting your own shop, get out there and network. Try to find a mentor who will help you along. Take anything a lawyer will give you. Show him that you are hungry, and willing to work hard for very little gain. It will make an impression.
Advertising is esential if you deal with the general public. The general public knows who the great lawyers are, but if you are just starting out, chances are you are not a great lawyer. You may be a good lawyer. Probably, if you are like most, you will have no idea what you are doing, and you will learn as you go. That is not a bad thing. You learn from mistakes, and very few mistakes are fatal. Mistakes will just cost you time to correct them.
I advertise on the internet as it is the most cost effective way to get business. Also, internet clients are bette quality clients than TV clients. Trust me on this one.