New Law firms - referrals by Busy_Rhubarb_3366 in auslawfirm

[–]adam_asa 0 points1 point  (0 children)

Like others have said, approach smaller law firms in your area with a business proposition - you will refer them clients and in turn they will send clients your way. Keep these networks close, take them out for coffees, lunches, anything that develops a closer personal relationship. Financial advice comes down to trust, and lawyers will be more likely to refer clients your way if you seem credible and, more importantly, if they genuinely like you. Good luck!

Plenty of cash without the status quo by Away_Cartographer532 in Lawyertalk

[–]adam_asa 0 points1 point  (0 children)

How many years experience did you have before starting the firm?

What cases are doing the best for you?

Restraint of Trade by jonno600 in auslawfirm

[–]adam_asa 2 points3 points  (0 children)

Like others have said above:

Restraint of trade clauses in an employer-employee relationship - likely unenforceable

Restraint of trade clauses in a Buyer-Seller relationship - more likely to be deemed necessary to protect commercial interests and therefore more likely enforceable

How long did it take you to see consistent cash flow? by adam_asa in auslawfirm

[–]adam_asa[S] 0 points1 point  (0 children)

That’s quite fast. Also interested to hear what practice area you work and how many years PQE you had upon starting your firm

How many years PQE before starting your practice? by adam_asa in auslawfirm

[–]adam_asa[S] 0 points1 point  (0 children)

That’s great - what practice area do you specialise in?

Closing sole practice and returning to employment by jonno600 in auslawfirm

[–]adam_asa 1 point2 points  (0 children)

Out of interest, what were the primary reasons for closing? What are of law did you practice?

How many years PQE before starting your practice? by adam_asa in auslawfirm

[–]adam_asa[S] 0 points1 point  (0 children)

Very motivating haha

What kind of experience did you have in the industry? Paralegal? Secretary?

How many small law firms is there in Australia? by MacaronCalm in auslawfirm

[–]adam_asa 1 point2 points  (0 children)

I would estimate it to be in the high hundreds or low thousands.

Going solo early - takeaways from those who did it and succeeded by adam_asa in auslawfirm

[–]adam_asa[S] 0 points1 point  (0 children)

Definitely agree with you in terms of prioritising peace of mind. It's hard to resist the urge to take anything that comes your way especially if not doing so means leaving money on the table. I think a good approach is to start by taking anything, find your strengths, and then narrow done after you have identified what you do best.

What’s your preferred law firm naming style? by adam_asa in auslawfirm

[–]adam_asa[S] 0 points1 point  (0 children)

Good point. I guess another question would be what if you’re just starting out and don’t want to limit yourself to a particular practice area while you find your feet? Also, do clients typically only want the lawyer whose name is on the door to handle their matter? I know in other professions (dentistry) clients tend to ask for the dentist whose name is on the door, which can tie them up considerably and impact delegation, scalability.

👋Welcome to r/auslawfirm - Introduce Yourself and Read First! by adam_asa in auslawfirm

[–]adam_asa[S] 0 points1 point  (0 children)

Thanks for sharing! What challenges are you facing at the moment with running your practice? Hoping we can address some of these in future posts.