I’m seriously considering starting up a solo shop. I have a very reliable stream of business (family friend has one patent that was infringed multiple times, huge firms have taken a few of these on contingency). Pros: I don’t have law school debt; I could follow these large firm’s general trajectory in prosecuting these cases; high risk tolerance (no kids, mortgage, etc). Cons: I’m inexperienced generally (class of 2019), and not familiar with patent law specifically. Thoughts?

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

I usually advise people to step out on their own but if you’re not familiar with patents, I wouldn’t try patent litigation.

likehelpful

You could try finding someone willing to be co-counsel but also mentor you through the case. Would have to be someone open minded and of course you'd be looking at a fee split as well.

likehelpful

Join your local bar association’s sub group for this specialty and attend an event/reach out to someone on the list of this specialty. Alternatively- join networking groups and find someone there, or if large enough, ask people in your own network.

helpful

Get a mentor. Learn the area. Don’t let people tell you not to step out of your area of expertise. Lawyers need to be flexible. Caveat- don’t do it if you can’t learn it- obviously.

likehelpful

Related Posts

I have got an upcoming joining at HSBC Hyderabad as senior consultant. Any tips of what can I expect there compared to Accenture
Also I live in Delhi, would it be possible to continue to work from here

Any agencies in California that are hiring for a Project Manager?

I would like to learn more about development and real estate. Can anyone recommend any books or courses that you think are informative. Eventually I would like to own a few apartment buildings, but I know there is a lot I need to learn 1st. Any advice appreciated. 

like

Taking my SHRM-CP exam on Friday. Any advise from those who have taken the exam?

like

Is it worth it to leave a current FTE perm role to work for Google as a freelancing EP, 6+ contract w possible extensions pending budget, performance, fit etc? Debating the massive brand name, pay, and experience but leaving benefits, loose job security with looming recession etc.

*Background: in current role for 2.9 yrs with tiny tiny salary raise this past year that’s still under inflation rate, and no clear path for promotion and further raise. Decent global retail client at tiny shop

like

Have accepted offer letter from TCS on 24 March and provided tentative doj in iBegin portal.
But cannot see the date till now..
BGC is in scheduled status and all docs are accepted..
By when will I get to see the date in portal.
Recruiter not responding.
How many days before joining and induction details will be sent..??

like
like

“Unlimited PTO” feels like BS? How many days do people actually get away with taking?

likehelpful

Any opinions on Stout? They reached out for an IB role (would come in at entry level, 2 YOE in consulting), but coming from out of the industry I don't know much about them / their rep.

Seem to be anticipating massive growth and reaching out to non-traditional IB candidates

like

The neighbors still going strong longer than Macy’s. My dogs aren’t happy but God I love Texas. Happy 4th!

Post Photo
likefunny

Hi Fishesh,

Need referral in LTI (Laren & Tuobro Infotech) for Oracle Consultant.

Brlasoft or any other company offering same role will be huge favor too.

Thanks in advance!

like
like

New to this industry. Any suggestions on resources to understand the type of consulting work that exists in this space?

like

Hi , need your opinions- For a qualified accountant Which is better? A senior financial analyst working in CP&A, Amex or Senior Associate Manager in EY, TAS, Financial Due Diligence team? Appreciate your views!

like

Is there any chance to postpone the joining date once the offer letter is released

like

Which technology/software focused PE funds have operating groups? What’s your view on each?

like

My husband just informed me from another room that we had a friend coming over to drop something off and added “are you wearing pants?” This is the type of question that would never be asked prior to six months of WFH! 😂😂😂

funnylike

I’m newer to my role and trying to explore my media planning options. In that space I’m primarily familiar with comscore and Kantar. My main goal is better understanding my target audience for my clients. I.e. interests, affinities, networks/tv shows, demo, etc. What product have planners had good experiences with?

like

Long shot…anyone here have body shop recommendations in the western suburbs? Car was hit yesterday and insurance’s recommended shop doesn’t have availability until February.

like

My agency will pay for classes — wondering what writers in NYC have taken that they enjoyed!

like

Additional Posts in Small Law / Solos

Anyone use a document assembly program that they are happy with? West law form builder is pretty expensive.

like

How much did you make in your first year of business and what do you think were some key factors in increasing your revenue?

like

Anyone have any tips or advice on what to do when you’re representing a contractor who will receive membership interest in a startup company as compensation and the startup has expressed they do not have attorney to draft the company docs such as the membership transfer agreement and the amendment to the operating agreement? Nor do they have the funds.

like

How normal is it to be pulled off a trial team because you tell your boss you are moving after trial? I have a trial coming up first week of Oct. This case has been my baby, and I’m going to try it with my boss. I tell my boss up front that, for family reasons, I’ve gotten a new job and will be moving to another city two weeks after trial will likely end. He then gives my trial witnesses to another attorney, but is still going to make me do grunt work. Is he unreasonable or am I?

like

Hi ! I am in the process of starting my own firm. Any recommendations for legal malpractice insurance in FL? Recommendations, thoughts, opinions about the insurance or anything else about starting the firm are all welcome and appreciated! Thank you !!

So I just accidentally found out that the senior associate in our office makes almost 3x the amount I do per month. For background, we have 4 attorneys, the senior associate has about 9 years more experience than I do (I have 6). This person should be paid more than me, I have no problem with that. Is it normal for there to be that big of a difference in pay? I just want to know if I’m getting screwed.

like

Thoughts...10+ years practical/management experience in/around legal field in FL (includes state government, in-house non-profit, civil practice, etc.). Two years ago took a job to relocate closer to where I want to be...but not sure if being valued and compensated appropriately. It’s a smaller firm, salary $75k, not too much in way of bonuses so maybe $5k, but always step up to plate with assisting management as leader for operational contributions and I meet annual revenue goals around $300k.

like

Our firm is growing fast and we need to add another attorney to keep up with the work. Our compensation package is 20-30% higher than what others firms in our area are offering. However, I’m still finding it difficult to get qualified associate to even apply for the position. I think part of the problem may be because we are located in a mid-sized city rather than a major metro area. Does anyone have any suggestions on how to attract talent when you are a newer small firm in a mid-size market?

like

Met Life Legal Plan has been a recent add. I have picked up a few probates, but have to bill for endless consults and doc review that yield less than 120$ per transaction which is not doing it. There is a category for up to 400$ for 4 hrs for items not covered. Have any used that category or I am being too conservative in submissions for billing.

If anyone is need of a contract Immigration Attorney, I am available to work part-time remotely.

like

Some success, now what? I started a solo practice July 2020. I’ve been successful in building a book of business sufficient to satisfy my overhead and provide me with a respectable income. I want to grow my practice somehow, but I’m stuck at figuring out how. I do mainly corporate transactional work and some litigation. Any advice?

like

How saturated is the Medicaid planning / elder law area in Florida? Looking to branch into this area as I find it really interesting.

like

Do you guys think the first few years of practice are the hardest typically?

like

🧐What prompted you to pursue small law or going solo? Would you recommend it to others?

Drop below 👇

like

Which practice lends itself better to setting up a successful solo practice - trusts and estates or FDA regulatory work?

like

I’m a 2nd yr. attorney at small firm with two partners practicing solely contract litigation. I’ve been actively networking and trying to build my own book. I now have a potential client who is ready to litigate a dispute in different area of the law (a simple tort matter). My partners aren’t keen on taking case as it’s outside the firm’s practice area. Aside from having this potential client pay a large retainer, is there anyway to convince/persuade my partners to allow me to take this case?

like

Anyone in Kentucky, that can file a compliant in the eastern district? The process for appearing phv is a lot and I rather go through someone already there.

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

Requesting thoughts on developing a registered agent / local business advice (contacts, defense, small real estate masters, etc.) client book. I am thinking about developing semi-passive income streams for myself as a member of a small firm who does litigation and some of this work already. Any advice or anecdotal experience, anyone?

likesmart

Working in a small firm of 3 attorneys. Mostly immigration and PI work. How much commissions should I get for the cases I bring in?

likehelpful

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