ebook img

Start Your Own Law Practice: A Guide to All the Things They Don't Teach in Law School about Starting Your Own Firm (Open for Business) PDF

266 Pages·2005·1.07 MB·English
Save to my drive
Quick download
Download
Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.

Preview Start Your Own Law Practice: A Guide to All the Things They Don't Teach in Law School about Starting Your Own Firm (Open for Business)

OPEN BO OPEN for U for P S IE BUSINESS NEN SS BUSINESS S fo S r TTAA RRTT SS AAfftteerr yyeeaarrss ooff sscchhooooll aanndd mmaayybbee eevveenn aafftteerr ssoommee TT yyeeaarrss ooff pprraaccttiiccee,,yyoouu aarree rreeaaddyy ttoo bbee tthhee bboossss.. AA RR YY You want to hang out your shingle and open an office of your own. But TT running a profitable business takes more than just being a great attorney. OOUURR Start Your Own Law Practiceprovides you with the knowledge to be both agreat lawyer and successful business owner. YYOOUURR OOWWNN Whether you are looking to open a sole practitioner’s office or wanting OO LL LL to go into partnership with other colleagues, picking the right location, WWNN AAWW hiring the right support staff and taking care of all the finances are not AA easy tasks. With help from Start Your Own Law Practice, you can be sure you are making the best decisions for success. WW PP DDoonn’’ttlleettaawwrroonngg cchhooiiccee sslloowwddoowwnn yyoouurr pprrooggrreessss..FFiinndd aaddvviiccee oonn:: PP RRAACCTTIICCEE 4 Creating a Business Plan 4 Marketing Your Firm RR 4 Managing the Office 4 Building a Client Base 4 Raising Capital 4 Preventing Malpractice Suits AA AA gguuiiddee ttoo aallll tthhee tthhiinnggss tthheeyy ddoonn’’tt 4 Billing and Fees 4 Keeping an Eye on the Goal CC tteeaacchh iinn llaaww sscchhooooll aabboouutt ssttaarrttiinngg TT 44 yyoouurr oowwnn ffiirrmm With checklists, sample letters and law office forms, II Start Your Own Law Practice teaches you all the things CC they didn’t in law school and gives you the confidence 4 Business Models EE to go out and do it on your own. 4 Finance Fundamentals 4 Professional Support 4 Networking Business/Legal Reference ISBN-13: 978-1-57248-521-1 HUSS SPHINX® PUBLISHING $16.95 U.S./$23.95 CAN ISBN-10: 1-57248-521-3 4 Specializations ANIMPRINTOFSOURCEBOOKS,INC.® NAPERVILLE,ILLINOIS C N 4 Client Development www.SphinxLegal.com UP EA J U D G E W I L L I A M H U S S Start Your Own Law Practice A Guide to All the Things They Don't Teach in Law School about Starting Your Own Firm by Judge William Huss S P PHINX® UBLISHING ANIMPRINTOFSOURCEBOOKS,INC.® NAPERVILLE,ILLINOIS www.SphinxLegal.com Copyright © 2005 by William Huss Cover and internal design © 2005 by Sourcebooks,Inc.® Cover art © 2005 by Punchstock All rights reserved.No part of this book may be reproduced in any form or by any elec- tronic or mechanical means including information storage and retrieval systems—except in the case of brief quotations embodied in critical articles or reviews—without permis- sion in writing from its publisher,Sourcebooks,Inc.®Purchasers of the book are granted alicense to use the forms contained herein for their own personal use.No claim of copy- right is made in any government form reproduced herein.Sourcebooks and the colophon are registered trademarks of Sourcebooks,Inc. First Edition:2005 Published by:Sphinx®Publishing,An Imprint of Sourcebooks,Inc.® Naperville Office P.O.Box 4410 Naperville,Illinois 60567-4410 630-961-3900 Fax:630-961-2168 www.sourcebooks.com www.SphinxLegal.com This publication is designed to provide accurate and authoritative information in regard to the subject matter covered.It is sold with the understanding that the publisher is not engaged in rendering legal,accounting,or other professional service.If legal advice or other expert assistance is required, the services of a competent professional person should be sought. From a Declaration of Principles Jointly Adopted by a Committee of the American Bar Association and a Committee of Publishers and Associations This product is not a substitute for legal advice. Disclaimer required by Texas statutes. Library of Congress Cataloging-in-Publication Data Huss,William W. Start your own law practice :a guide to all the things they don't teach in law school about starting your own firm / by William Huss.-- 1st ed. p.cm. ISBN-13:978-1-57248-521-1 (pbk.:alk.paper) ISBN-10:1-57248-521-3 (pbk.:alk.paper) 1. Solo law practice--United States.2. Law offices--United States. I.Title. KF300.H87 2005 340'.068--dc22 2005024650 Printed and bound in the United States of America. BG — 10 9 8 7 6 5 4 3 2 1 Dedicated to you, the lawyer, devoted to creating something that has never existed before— your law firm. Acknowledgments Volumes have been written on each subject in this book, and I owe a great debt to the many people who helped me found a law firm twenty-five years ago. The authors I studied for this book have my deepest gratitude for their help. A great many of my experiences in beginning my own firm are a part of this book. I am especially grateful for the collaboration of Stephen Acker in the section on office equipment, particu- larly computers and high-tech items. Steve has helped me advance into the IT world. Special thanks go to Dianne Wheeler, former Division Manager of Sphinx Publishing, whose encouragement and support have helped me to articulate the purpose of this book. Michael Bowen, Senior Legal Editor at Sphinx Publishing, is the inspiration for the ideas in this book. I am honored that he asked me to write it and helped me understand the vision and organization for it. His talent is invaluable. Of the many who helped with putting this book together, I want to thank Janine Bronson, Betty Symank, and Mitch Cutler for their work in making my words understandable in written form. The vital editing and organizing of the materials, without which there would be no book, was the result of the untiring efforts of a real genius, Judy Kleinberg—an author herself. Behind all these efforts, especially my own, stands my wife, Marlene, who is an inspired organizer, team player, and leader. I am profoundly grateful to all mentioned here, but especially to her. Contents Preface. . . . . . . . . . . . . . . . . . . . . . . . . . . . . xiii SECTION ONE: SETTING UP YOUR LAW PRACTICE Chapter One: Finding the Right Location . . . . . . . 3 Locating Your Practice Chapter Two: Structuring Your Practice . . . . . . . 11 Sole Practitioner Partnerships Checklist for Conducting Meetings Corporations Firm Agreements Creating a Business Plan viii start your own law practice Chapter Three: Business Formation Fundamentals. . . . . . . . . . . . . . 29 Important Preliminaries Office Space Chapter Four: Your Office at Home . . . . . . . . . . 39 The Home Office Advantage The Home Office Challenge Chapter Five: Office Design, Layout, and Furnishings . . . . . . . . . . . . . 43 Décor Workspace Planning Lawyer’s Office Checklist The Waiting Room Basic Reception Room Checklist Support Staff Area Basic Secretarial Area Checklist Common Spaces Employee Lounge Checklist Conference Room Filing Systems Maintaining the Office Chapter Six: Equipment and Furniture . . . . . . . . 53 To Buy, Lease, or Rent Basic Office Equipment Checklist Office Supplies Checklist Telephones Sample Telephone Intake Form Computers Communications Checklist Computer Planning Checklist contents ix Chapter Seven: Personnel . . . . . . . . . . . . . . . . 77 Law Firm Personnel Additional Assistance Who to Hire The Interview The Legal Assistant The Contract Attorney Contract Lawyer Checklist Policies and Procedures Policy Manual Checklist Procedure Manual Checklist Chapter Eight: Outside Support Services . . . . . . 95 Finding Trustworthy Consultants Accountants Banks Insurance Insurance Checklist Chapter Nine: The Library . . . . . . . . . . . . . . . 105 Getting Books Pleadings The Electronic Law Library Publications Needed Chapter Ten: Financing . . . . . . . . . . . . . . . . . 113 Raising Capital Debt Management Budget Cash Flow

Description:
After years of school and maybe even after some years of practice, you are ready to be the boss. You want to hang out your shingle and open an office of your own. But running a profitable business takes more than just being a great attorney. Start Your Own Law Practice provides you with the knowledg
See more

The list of books you might like

Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.