» Entries tagged with "solos"

Time = Money

I’ve noticed an interesting phenomenon among many lawyers who’ve recently gone out on their own. I suspect it’s a result of the lawyers viewing solo practice as a way to avoid working long hours. These lawyers, never the most financially successful ones, love to complain whenever they’re stuck working more than a few hours a day. They never make the obvious connection between their lack of motivation and their lack of disposable income. I imagine the root of the problem is the way most solos bill. If you don’t keep track of your time, flat fees feel a lot like found money. Someone comes in and pays you, but you haven’t done anything yet. All of a sudden you’re richer, and all you had to … Read entire article »

Filed under: Marketing, Solo Practice

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