Considering starting my own firm but scared of the thought of going 1-2yrs with no income. Has anyone ever picked up a random, non-attorney role while starting a firm to continue receiving a paycheck? I’m just wanting to know how viable of a plan this would be.

like
Posting as :
works at
You are currently posting as works at

Consider doing freelance work for firms or having an of counsel relationship. Plenty of shops are entertaining these kinds of arrangements now. Just be cognizant of the ethical rules (conflicts).

like

I’ve always understood the terms to be that Of Counsel is a more formalized and ongoing relationship. Freelance being more fluid and project based.

like

I am in the same boat. Planning to open my own firm this year, and the thought of my family starving is always in the back of my mind. So I’m mostly here for the ideas and reassurance from others. But I will say that you are better off taking contract legal work than a PT non-legal job. Stay in your lane and develop some experience you can use to build your practice.

like

Litigation and investigations with a bent toward white collar/fraud. I want to transition to representing individuals facing professional license revocation or misconduct charges. Also have some background in class actions and want to take some shots at consumer fraud issues I’ve been seeing.

like

Does your area have assigned counsel? Court appointed assignments where I live can pay $150/hour. There was a shortage of public defenders and attorneys to do guardianship hearings for incapacitated people. Several solos I know did that, and for some of them, that was exclusively how they paid their bills. I did it too while working for a firm but more for the trial experience.

like

I started my own firm right out of law school with a friend and we each made about $50k our first year. I left to government but he’s doing amazing now (7 years out). I don’t think you’ll starve for 2 years unless you’re doing exclusively contingency work or something. We did a mix.

like

That takes a lot of guts to go out on your own right after law school. Do you know what type of practice your friend does? I’m considering going solo after 2 years of practice.

I hear ya man. I made 100k on one case in a state my employer isnt licensed in. I figured that was my time to jump and I still could not stomach it.

Idk how the rainmakers do it, honestly.

like

Related Posts

I joined 6 months ago as a L5 manager. I like my team but don't enjoy the work. I also feel I was down levelled at the time of joining. Should I wait 6 months and move internally? How easy is internal mobility especially if I were to target a L6 role? Would applying outside be wise ?

like

Recently switched from audit to advisory. Not loving it, want to disconnect and switch careers/take a role outside of accounting. Thinking about putting two weeks in before the break without anything lined up. Thoughts?

likefunny

How about comcast developer role in Chennai - Sky project.
Job security?
Career growth?
Work life balance?

Please give suggestion

like

Hi ,
anyone help on the HCL retention bonus ?

They added 2L per year in separate letter,

will 2L added in every year ?

They added condition of need to stay for 24 month .

How HCL retention bonus works ?

@HCL Technologies

likesmart

I had 21 as fixed and 3 variable. Good salary for my experience. But then came covid and now I'm at 48 fixed salary.
Thanks to covid I was able to achieve this salary at just 7 yoe. When I joined the industry my manager at 10+ experience was earning 10-12 lakhs.
Things have changed so much after covid
I'm data and ML engineer

like

Salary of Associate Director- Procurement & SCM in OLA Mobility ?

like

currently tossing up between staying at a global company (who is in the process of some positive changes) with an amazing manager who supports my career and flexible working … however comes with the inherit issues that come with a long standing global company

compared with a role at a smaller mga, higher salary (around 30%) more , more visibility career wise and some great employee benefits , management seem to be supportive and low staff turnover

which would you choose here

like

I am qualified CA with 5 years of experience ( IND AS , Books Closures) looking for referral in finance Accenture" class="linkified" target="_blank" rel="nofollow" >domain.Accenture @DXC Technology Tata Consultancy Cognizant IBM @oracle @wellsfargo@northerntrust

like

Hi All,

Any openings for Documentum Admin at pune location ?

Hi folks... I am S Con. With 10yoe with 15LPA. I was thinking does EY match packages.. .. As my team is hiring actively and paying 25+ to 6+yoe ..

like

Hi sharks,
I have one doubt
Walmart has given me 2.55 Lakh RSU.so how it works.
On the offer letter they mentioned that RSU award will vest over a four-year period based on the anniversary of the grant date in 25% installments.
Is it like i will get around 64K per year ?
TIA
Walmart

like

Hi Fishes. Just got the following offer and would like to know in hand salary. Please let me know.

Fixed: 30 LPA
Bonus: 3.33 LPA
Gratuity: 72130
Stocks: 2 LPA every year for 4 years
Benefits: 91k Broadband, meals and insurance
Total: 37 LPA plus joining bonus of Rs. 2 lakh

like

Anyone at Motorola able to provide a referral?

like

Hi fishes,

I'm looking for job switch in Manual testing role.Kindly refer my profile if your organization has any openings.
Thanks in advance.
Skill set-manual testing,functional testing,SQL
YOE- 5 years
LWD- 14/01/2023

like

Does anyone have any advice on how to shift from a specialist (paid advertising) to a more strategic (in digital marketing) role? I've been job searching for a couple of weeks and would love to be considered for roles outside paid advertising but it seems to be extra challenging this time of the year.

like

What kind of comp can you expect exiting into an corporate Strategy and Ops role after 3 years post-undergrad at a top tier consulting firm? I know it’ll vary across geography and company size, but it seems like around $180-200k for all-in comp (base/bonus/equity) is reasonable for a mid-size private company in CA. Or am I off my rocker?

like

I excited to a 🦄 earlier this year. Not sure if I was lowballed on salary or not. Interested to hear other people’s comp at comparable companies. I’m a Growth Manager. Please dm!

like

Interested in tech in NYC—open to FAANG, but more interested in series C+ startups that know what they’re doing and can afford to pay. BD, gen mgmt, strategy/ops roles in that order. Any suggestions?

like

Is anyone hiring? I have sales experience in the telecom industry and real estate. Looking to relocate to the Bay Area. Looking to crush 2021! Thanks in advance.

like

More Posts

What does the technical assessment at Wynshop go over?

like

During my job search, I am getting a lot of recruiters asking for me to answer right to represent emails. These particular recruiters follow a same pattern and seem unprofessional. Shall I be aware and not sign these right to represents? Are they a scam? Or is it a cultural thing… can someone advise me, I’m based in the USA

like

What's the CTC range of manager role in Deloitte India? YoE is 9 years.

like

Sharing some positive vibes! After getting a massage and a haircut, I felt so much better !!! Making small changes everyday!

likeuplifting

As a Creative, do you prefer voice or video for initial project discussions with vendors? How do you feel about follow-up video conferences to go through vendor treatments?

like

Someone made disposable Hijabs as part of PPE. Super cool idea!

like

Can someone please let me know what is the maximum salary that Deloitte India offers to Consultant?
YOE : 4.5
Current offer from Deloitte: 16 fixed
Offer from another MNC: 18.9 fixed

Will Deloitte India be able to match the offer if I renegotiate?

like

Hello Fishes,

I have total 4years of experience (joined my current company last year). Current package is 7.5LPA.
I am happy with my work life right now but need the hike. Also i am working as frontend developer (react.js) but my tech stack is MERN and i also have about 1year experience with springboot. In my current company my ctc will be revised on January,2023  as i am not completing 365 days before July 1(only missing for a couple of days). What should i do right now? What should be my ctc

like
like

M&A/PE associate (trying to juggle multiple deals) feeling like I don’t have time to dive deeper into issues and it being highlighted in some of my work product as I am having to turn things right away and just pushing things out - so issues I may have caught if I had a better/deeper/higher level understanding are more apparent when partners review. Truly feeling like I’m just messing up all around but trying to give myself grace. How do you know if it’s just you or a part of the process?

like

Hello everyone

I have been in the Customer success manager position for the last 1 and a half years and working in an IT company in Gujarat. I want to relocate to dubai. Does my experience help me to get a decent salary job as a CSM or Project manager in Dubai?

My total work experience is of 9 years in various domains.

Thank you in advance.

Best Regards

Can anyone help with the avg pay for Sr. Program Manager (Non Tech) with Amazon in London?

Comparative view:
India (Blr) - 46 LPA + ESOP

Amazon- 80K GBP (Base + Bonus)

What makes more sense?

like

What is PF Transfer procedure from my last organization to TCS?

like

Hello fishes,

I am having 1 year of experience in SAP basis.
I want to learn more and grow.
I want some teaching based on hands on experience on implementation, upgrades, patches, migration, conversion.

Could anyone let me know how I learn and practice all these things by my own??

like

How can I switch to Case team at Boston Consulting Group, upon completing two years as a Junior Analyst in Gamma ? TIA.

Hello all. I need career advice. I'm in my 3rd year Bsc(maths). I want to start my career as Data analyst/Data science. I have limited programming knowledge. I saw this IIT M - Bsc data science course, it is worth learning? Will they provide any placements or job offers after the course ?? Or any other courses I can learn more about data science???? How can I kickstart my career in this field. #help

like

Recent lateral junior associate in brand new practice where I'm the only associate. I'm probably going to bill 1,500 hours max this year due to being very slow and taking time off for a delayed honeymoon which I disclosed during my interview process. I have been told my work product is good, I don't turn anything down, I participate in non-billable work, I'm responsive and I always let people know I'm available to help. Do I need to be worried about getting fired for low hours?

likefunny

Hi everyone,

I wanted to leverage the hive mind in finding out how best to negotiate a verbal offer for a 100%-remote Product Manager role in NYC, with a IT infrastructure/digital services firm (MNC but non-American):

Base salary: 120k

Sign-on bonus:10k

Bonus: 15%

No stock options

How competitive is this, and what should I negotiate for please? The written offer comes after verbal agreement.

I've 10 YOE in tech project management; 7 in product management.

like

Hi Guys,
I may have a better offer which could be shared only next week as approvals are in process , which offers me wfh option and a little better package and my joining in the next company LTI is on 8th Nov, I am unable to push the joining date to buy some time as HR denied on the same , please suggest me how should I tackle this situation as I’m more interested to join the one giving WFH ? Need inputs asap as I have to take a call today.

like

Tips for resume/job application for tech firm in strategy and operations especially if you are from public sector consulting background

like

Additional Posts in Small Law / Solos

Does anybody have a good guide or resource they can point to in regards to show clients how to organize their documents for our firm? A lot of time is wasted here going through discovery documents we receive from clients because the docs are disorganized and not annotated - it just becomes a whole scavenger hunt and it’s eating into our time like crazy.

like
like

Virtual receptionists….anyone utilize this and if so, feedback? If not, thoughts? Start

like

Solos - what does your day look like? Do you work traditional hours? Do you take breaks during the day for personal things such as errands and working out?

like

Any contract family law attorneys in Kentucky?

like

How do firms give bonuses to associate attorneys? Quarterly, monthly, annually? What is a bonus based on? Money recieved, billable hours, etc?

I'm looking to set up a bonus structure for a new associate.

like

Advice for Of Counsel roles? I am of counsel at a firm where I can set my own rate and keep a percentage of collections, which varies slightly depending on whether the client is one I generated or not. I’m finding that a lot of my work is for firm clients where the lawyer negotiated a flat fee (and the hours worked are less, due to efficiency etc). What is the right way for me to be compensated in this scenario?

like

Do solos get to write off pro bono work at all?

like

I'm entering my final year of law school but am going part time since I work full time as a paralegal. I have been a paralegal for more 10+ years and I want to open my own firm after I pass the bar.

I've worked at a lot of different size firms including a startup with a few attorneys and I was able to help with a lot of the ground work with getting the practice management system in place and still do some of that now at my current firm. Has anyone done this right out of law school? Any advice?

like

Has anyone used a coaching service for their firm? If so, any recommendations?

like

A friend of mine and I are both starting our life firms from scratch. We both do two different areas of law. How can we help each other with referrals and networking? We live in an area that’s pretty geographically large in two different parts of town.

The past two days I’ve spent to my entire day doing things that really can be done by a paralegal. So I hired a freelance para. Any tips to make this a success? What’s your tips to train and get your para up to speed?

like

Hi all, I have been practicing for 5 years (admitted in NY & NJ) and recently went in house. I just started a side business of writing blog posts for firms or solo practitioners. DM for more info!

like

I have no idea what 99% of the other law bowls are talking and complaining about most of the time... anyone else in the same boat?

like

When potential clients tell you they’ll hire your firm but they want to be 100% reimbursed from you if you aren’t able to get them the outcome they want - how hard is it not to laugh?! 🤦🏽‍♀️🙄

like

Bookkeeping service recommendations? Virtual service or through your CPA?

like

I believe improving one’s sales conversion rate is something everyone want to improve but no one wants to admit they would like to work it. Funny how lawyers will spend thousands on seminars to improve trial skills. But this topic is not discussed in our profession. I have read books in sales. But am unable to find any for lawyers. I want convert every lead I can. Does anyone have tips, books, cle’s or studied this topic?

like

Best way to go about getting contract work for new solo/startup? Should I just ask around the area for people doing that type of work and see if they have anything?

like

Former client( filed a bar grievance that was dismissed, sent me a demand letter that an attorney responded to on my behalf, and filed a BBB complaint against my non-BBB law firm) has now pro se filed a lawsuit against me in small claims court. Alleging misrepresentation, failure to file a lawsuit, and failure to advise during the process. I have phone logs, emails, and billing notes (all of which she has) that show she’s lying. Should I notify my malpractice carrier? All advice appreciated!

like

Anyone have experience going back to school for either an LLM, MBA or something else while still maintaining their practice? Considering going for my MBA to open practice to more business consulting, but maintaining my full time practice. For context, I am an associate at a 5-7 attorney firm with a billable target in the 1300 vicinity.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal