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Launching a Successful 21st Century Law Practice

You Future in Law Is Here Now! Here's how to get started with your own law firm.
4.3 (82 ratings)
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4,703 students enrolled
Published 9/2013
English
Free
Includes:
  • 2.5 hours on-demand video
  • 36 mins on-demand audio
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
To empower lawyers to recognize the opportunities in starting a law practice
To educate lawyers on the 6 key features of a 21st century law practice
To respond to FAQs on decisions related to starting a law firm
View Curriculum
Requirements
  • All that is needed for this course is a laptop or tablet to view the content
Description

This class presents an overview of the opportunities presented by starting a 21st Century Law practice as well as a detailed nuts and bolts guide on how to get started. The class is comprised of 6 modules ranging from 15-35 minutes each, which cover (1) the socio-economic context for starting a firm and changes in the legal profession; (2) the 6 characteristics of a 21st Century practice; (3) FAQs on where to locate, how to find clients and whether to generalize or specialize; (4) Rules and Tools for getting started (including elements of a successful website and free tools) and (5) Setting and Getting Fees. This class is directed at existing law students, new grads, displaced lawyers and others considering starting a firm but who have been deterred by law school and peers. It is also intended for free use by law schools who want to present the concept of starting a practice to students.

Who is the target audience?
  • new graduates
  • any lawyer who's dreamed of starting a firm
  • lawyers reentering the practice of law
  • law school career placement personnel unfamiliar with the solo option
  • lawyers looking to revamp or modernize their existing practices
Students Who Viewed This Course Also Viewed
Curriculum For This Course
Expand All 8 Lectures Collapse All 8 Lectures 03:20:49
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Why to Launch A 21st Century Law Practice & Nuts and Bolts of Getting Started
8 Lectures 03:16:49

Overview of context for starting a firm

Starting a 21st Century Practice: Overview of Today's Clients & Business World
20:29

6 Characteristics of a 21st Century Law Practice
22:25

FAQs for Launching: How to Find Clients & Learn Substantive Skills
14:33

FAQs for Launch, Part II: Decisions, Decisions
35:02

Rules & Tools To Get Started
31:28

Setting & Getting Fees
36:29

This is four page checklist for starting a law firm. One of the matters on the checklist which I didn't address in any of the other modules is choosing a corporate structure for your firm. Most lawyers starting out often begin as a sole proprietorship and incorporate when they rent office space or begin using outside support staff. In contrast to ordinary businesses, a lawyer's most significant source of liability are malpractice claims and a corporate structure will not insulate lawyers from malpractice. Nevertheless, some lawyers do opt for creating a corporate entity - either an LLC (or a professional limited liability company or professional corporation - it's jurisdiction dependent) - and this blog post from Apex Legal (see here - http://www.apexlg.com/?p=468) offers a good discussion of options.


Checklist for Starting A Law Firm
4 pages

This is a 35 minute presentation on making cold calls to prospective referral sources and clients. It's not easy but the results are usually very worthwhile.

Cold Calls for Lawyers
36:23
About the Instructor
4.3 Average rating
82 Reviews
4,703 Students
1 Course
Lawyer, Blogger, Author & Early Adopter

Carolyn Elefant is a lawyer in Washington D.C. with an energy regulatory practice and also a national author and speaker on solo and small firm law practice. In December 2002, Carolyn launched the blog, MyShingle.com - the longest running and most comprehensive blog on solo and small firm practice. Carolyn is also author of Solo by Choice: How to Be the Lawyer You Always Wanted to Be and co-author, with Nicole Black of Social Media for Lawyers: The Next Frontier. Carolyn has advised hundreds of law school graduates and practicing lawyers on starting and growing a successful law practice. Above all, Carolyn is on a mission to ensure that in these changing times, solo and small firm practice remains a sustainable and viable career path for lawyers.

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