If you’re an experienced lawyer, then starting your own firm has to be the ultimate goal. I’ve worked as a lawyer for many years and it was always on my mind to start my own business as the head of a law firm. I’m happy to say that five years ago, I achieved this lifelong dream and it’s been the most rewarding venture of my life. I’m now committed to serving justice and making sure legal processes are followed properly with the fairest outcome for all parties involved. I can do this best when I have complete control over my team of lawyers, rather than when I’m working for someone else.
The first thing you need to consider is funding. I’m sure you’ve looked into this already but most people are blown away by the startup costs involved in starting a law firm. Much of these costs arise from the legal bureaucracy that is required but also there are the costs of hiring staff. If you want to be successful in this industry, then you need the best lawyers you can find. It’s not enough to just hire anyone. There aren’t many other areas of work where experience and competence really matters. Both of those things cost money.
I approached an investment company called Providior who, after much persuasion, eventually agreed to give me all the funding I was looking for. They saw that I was passionate about my industry and was willing to invest in top-rated talent in order to ensure I had a team that would win cases and grow rapidly. They weren’t wrong to put their trust in me. They got a return on their investment within a year and we surpassed all expectations. If you need support in setting up your law firm, then you can seek advice by visiting Providior.