Starting Law Firm | I’m still here

by JMF on December 4, 2012

I am about eight months into starting a law firm.  I don’t know if I have “made it” yet but I can tell you that the absolute terror and nervousness is gone.  I almost feel like this is my real “career” now.  I have a long ways to go, but I got a lot of it down – not everything, but a lot of it.

I am not sure what people want to hear or not.  I am also not sure I what direction I want to take this blog (if I want to take it any direction at all).  As anybody who read this may know, I haven’t posted here since June.  Will I post again next week?  Next month? Tomorrow or in three months?  I don’t know.  I can tell you that blogging takes up too much time and when I am trying to make money by selling my time, blogging tends to just get in the way.  That being said, it does work.

So how does it work?  Basically, blogging gets a search engine’s attention.  Let us not get lost in the woods.  This blog is found by search engines.  Their value  cannot be denied.  I think SEO and all that stuff is scummy and can be borderline unethical at times.  Yet, it can’t be any worse than billboards or those ads you see on television.  But, I continually questions what is the value of blogging – or anything for that matter.

If you want to start a law practice, I would probably recommend blogging if you like writing and you are an introvert.  It is long and tedious.  Have a plan and stick to it.  I haven’t stuck to it.  I have, however, gotten some good (and bad) clients from the internet.  It works.  What else works? Networking, social clubs, friends, connections, print advertising, etc.  What is the best?  I have no idea.  I will let you know when I figure it out.

Anyway, the point of this post is that I am still here.  I am still running my own law practice and I am successful.  I have branched out a little and now consider myself a Minnesota business lawyer.  I have not “made it” yet, but I think I will.  My definitions of success have changed a bit.  I have learned a lot.  I am enjoying the ride.

 

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Rural Lawyer v. Big City Lawyer

by JMF on June 20, 2012

I’m struggling a bit with my practice area focus.  No, not my legal practice area, my firm location area.

I live in a small town just off the fringes of the Twin Cities.  I’m closer to St. Paul than to Minneapolis but it is all relative.  I have gotten several clients out of most of the Twin Cities counties and I am meeting with someone next week in Minneapolis.  I (try) to practice mainly in Dakota County but I get calls from all over the place.  I don’t have a network built up so I am kind of flailing a bit to try to establish something.

Blah, blah, blah.

The point I am trying to make is that starting a law firm is hard.  There are so many decisions to make and I constantly wonder which are the right ones.  I had/have a business plan, but so what?  Plans are great until you realize that logistics of practicing law make things a wee-bit difficult at times.

One thing I can say for sure – I have to develop a network.  Doing that takes time and a lot of energy.  Sometimes I don’t think I am up to the task.

My big problem right now is where do I establish that network?  I know several attorneys, financial planners, and bankers in the cities.  They have been helpful (somewhat) in mentoring and referring a little business.  Yet, I often find that the people I meet and like are in the small town where I live.  I find myself – somewhat accidentally – building a network where I live.  Big surprise huh?

I go to church in a small town, I joined a service club in the small town, everybody I meet seems to be in the small town.  You know what?  I like these people.  I want them to like me and put their faith into me.  It feels genuine.  People need estate planning and probate lawyers in small towns.  People need family law attorneys in small towns.  Banks need attorneys to draft contracts, real estate documents, etc.

A lot of my marketing efforts have been targeted towards getting clients in the Twin Cities and that has worked – sort of.  Business is not fast, but I have clients and they do pay me.  Yet, I definitely haven’t “made it” yet – if that ever happens.  I’m struggling right now with how, when, where, and why to market myself.  Should it be big city or rural?  The target population in my small town is, you guessed it:  small.  Yet, there are only a few attorneys and they are getting older.  I keep hearing that maybe they will retire.  It sounds to me that there is a need for an attorney in my small town.  So, I should grab that opportunity right?

Bruce Cameron over at Rural Lawyer provided some great tips to me on that front.  I really appreciated his candid thoughts on the issue.  After reading his post, I think I agree that lawyers can market themselves and try to get clients everywhere.  As he says, that is what practicing law on the urban fringe is all about.

Therefore, I think I have decided to market myself and network as much as I can in my small town.  We will see what happens.  It takes time out of my suburban/Twin Cities marketing efforts, but it feels better.  It feels right.  I want to practice law for several reasons: one is to make money, but another big reason is because I like people.  I want to feel like I am a part of a community.  Being a small town lawyer provides that kind of feeling.

Staring a firm is all about choosing the proper place to expend your energy.  After all, unless you have a huge budget, it is just you.

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Solo in Minneapolis has a New Look!

May 23, 2012

For any of my readers who care – I am redisgning this blog.  Why?  Because business is a little slow and I didn’t like how it looked. Warning:  designing and redesigning the way a blog looks has very little bearing on starting a law firm. Don’t fall into the trap of making things look pretty [...]

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Starting a Law Firm | Business Plans | Solo in Minneapolis featured in Minnesota Lawyer

May 14, 2012

In an effort to post more on starting a law firm, I wanted to let my readers know that I was recently featured in a nice article on Minnesota Lawyer’s solo and small firm website:  Solo Contendre. Reporter Dan Heilman contacted me several weeks a go to do an interview.  He was looking for my thoughts on [...]

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Iowa lawyer suspended 30 days for $2,500 minimum fee.

April 13, 2012

As reported by the ABA Journal and Lawyerist, an Iowa lawyer was suspended for 30 days for keeping a $2,500 minimum fee on a criminal law matter. According to the article, the lawyer only completed 3.7 hours of work  - including 1 hour spent doing an accounting.  The case against the client was ultimately dismissed [...]

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Starting a Law Firm | Minnesota Lawyers Mutual Roadmap

April 13, 2012

I wanted any readers out there who are either (1) contemplating or (2) starting a law firm that Minnesota Lawyers Mutual (MLM) now has a blog and roadmap for lawyers who are looking to go out on their own. This helpful tidbit of information was reported by Andrea Hable at the Minnesota State Bar Association [...]

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Starting a Law Firm No-Nos | Minnesota Law Firm scammed to tune of $400,000

April 11, 2012

As reported by the ABA Journal, the Minnesota law firm of Milavetz, Gallop & Milavetz (MGM) has sued Wells Fargo Bank for cashing a fraudulent check in the amount of nearly $400,000 from MGM’s IOLTA account.  Click here for a copy of the complaint.  Bad news. According to reports in the Minnesota Star Tribune, MGM was the [...]

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Starting a Law Firm | Online fax resources for lawyers

April 6, 2012

While doing the due diligence and trying to set up faxing services for my law firm, I discovered a nifty little comparison website for online faxing for lawyers.  Great! I wanted to share my find with readers of this legal blog. The fax comparison website is aptly titled www.faxcompare.com.  Cool! The comparison site does a [...]

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Starting a Law Firm? | The Future of Law Practice and a Takeaway from the ABA Techshow

April 5, 2012

Great post by lawyer David Bilinsky on his blog Thoughtful Legal Management about the use of technology and the future of the law practice. As a practicing family law attorney, I understand much of what Mr. Bilinsky is trying to say.  I do wonder, however, whether many lawyers are simply resistant to change because they are too [...]

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Starting a Law Firm | The Benefits of CLE?

March 26, 2012

I think the basis and general idea of Continuing Legal Education (CLE) is great.  CLE is meant to be an opportunity for lawyers to hone their craft, learn new skills, and get updates on changes in the law.  However, too many CLE sessions, in my humble opinion, are simply opportunities for presenters to promote what [...]

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