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Solo, 3 weeks in, taking questions
| olive wrinkle | 06/22/18 |
| Fragrant pontificating famous landscape painting station | 06/22/18 |
| laughsome boistinker | 06/22/18 |
| olive wrinkle | 06/22/18 |
| laughsome boistinker | 06/22/18 |
| olive wrinkle | 06/22/18 |
| laughsome boistinker | 06/22/18 |
| olive wrinkle | 06/22/18 |
| laughsome boistinker | 06/22/18 |
| angry federal menage tank | 06/22/18 |
| laughsome boistinker | 06/22/18 |
| angry federal menage tank | 06/22/18 |
| laughsome boistinker | 06/22/18 |
| Sienna Headpube Bawdyhouse | 06/22/18 |
| Salmon Therapy Stage | 06/22/18 |
| olive wrinkle | 06/22/18 |
| Silver Giraffe Reading Party | 06/22/18 |
| olive wrinkle | 06/22/18 |
| dashing son of senegal | 06/22/18 |
| histrionic very tactful resort | 06/22/18 |
| excitant gas station stock car | 06/22/18 |
| angry federal menage tank | 06/22/18 |
| olive wrinkle | 06/22/18 |
| olive wrinkle | 06/22/18 |
| olive wrinkle | 06/22/18 |
| supple umber garrison travel guidebook | 06/22/18 |
| olive wrinkle | 06/22/18 |
| yapping galvanic stead idiot | 06/27/18 |
| olive wrinkle | 06/27/18 |
| yapping galvanic stead idiot | 06/27/18 |
| olive wrinkle | 06/27/18 |
| histrionic very tactful resort | 06/22/18 |
| hairraiser indigo community account associate | 06/22/18 |
| supple umber garrison travel guidebook | 06/22/18 |
| unhinged cream area | 06/22/18 |
| olive wrinkle | 06/22/18 |
| Fear-inspiring meetinghouse | 06/22/18 |
| olive wrinkle | 06/22/18 |
| olive wrinkle | 06/27/18 |
| histrionic very tactful resort | 06/27/18 |
| Razzle roommate | 06/27/18 |
Poast new message in this thread
Date: June 22nd, 2018 1:33 PM Author: olive wrinkle Docket: 11 cases, vast majority contingency, largely referrals from people I know.
Revenue thus far: $16,250
Based on current docket, 2018 solo revenue (6 month period including earned to date) will total approximately $45,000 (i was at my other job for the first 6 months). One year projected revenue (June 2018 - June 2019) is approximately $175,000 based on my valuation of the current caseload, assuming they settle within 12 months.
Never worked this hard in my life, but incredibly happy, and I've made some nice progress in only 3 weeks. Looking forward to building on this. On the down side, I'm getting obsessed and finding it very hard to have a work/life balance. But i assume that's how it is going to be in these early days until I can establish a routine. |
Date: June 22nd, 2018 1:36 PM Author: Fragrant pontificating famous landscape painting station gj (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291227) |
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Date: June 22nd, 2018 1:43 PM Author: laughsome boistinker all PI?
pre-solo background? |
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Date: June 22nd, 2018 2:31 PM Author: olive wrinkle PI, biz disputes
formerly biglaw |
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Date: June 22nd, 2018 2:42 PM Author: laughsome boistinker biglaw lit? how long? (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291746) |
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Date: June 22nd, 2018 2:45 PM Author: olive wrinkle pseudo biglaw, maybe midlaw... 6 years (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291764) |
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Date: June 22nd, 2018 2:45 PM Author: laughsome boistinker but lit? that's more the point i was asking about (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291768) |
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Date: June 22nd, 2018 2:46 PM Author: olive wrinkle yes. i couldnt imagine doing what im doing now without being completely comfortable with lit. (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291775) |
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Date: June 22nd, 2018 2:50 PM Author: laughsome boistinker *kills self* (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291803) |
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Date: June 22nd, 2018 3:14 PM Author: angry federal menage tank U a tranny bro thinking of going solo? (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291931) |
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Date: June 22nd, 2018 3:17 PM Author: laughsome boistinker yup. have an inhouse do nothing 'dream' job of 10-5 and im bored as fuck and feel emasculated having to come to an office and sit in a glass cage everyday. zero lit experience though. (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291947) |
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Date: June 22nd, 2018 3:20 PM Author: angry federal menage tank Yeah same here. Seriously starting to think that Inhouse is better for women and gays or modern liberal “men” (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291969) |
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Date: June 22nd, 2018 3:23 PM Author: laughsome boistinker ofs (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291993) |
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Date: June 22nd, 2018 1:44 PM Author: Sienna Headpube Bawdyhouse Now do a 5 year projection based on your three weeks (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291280) |
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Date: June 22nd, 2018 2:12 PM Author: Salmon Therapy Stage what's your monthly burn? (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291446) |
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Date: June 22nd, 2018 2:30 PM Author: olive wrinkle <$1,000, maybe even <$500. i work from home, meet clients at coffee shops, etc. my E&O is probably the largest single monthly charge at $141. rest is tech/efficiency stuff like docusign, quickbooks, etc. (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291632) |
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Date: June 22nd, 2018 2:36 PM Author: Silver Giraffe Reading Party Good work, brother. As I poasted recently, I'm looking at leaving a low-six fig government job to join a smallish regional firm, and I'm approaching it as if I'm building my own solo shop. With a hell of a lot of hustling, I think I can get dem referrals. Might take a salary hit in the short term but long-term it seems like it would pay much more. Sounds like you're thinking the same. (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291694) |
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Date: June 22nd, 2018 2:38 PM Author: olive wrinkle Agree. And i literally work in shorts and a tshirt from my home everyday. I go for walks whenever I please. That said, I woke up at 4:30am yesterday to get a shitload of work done for a client before the day started. Lots of work, but still 180. (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291715) |
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Date: June 22nd, 2018 2:50 PM Author: dashing son of senegal 18000000 (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291801) |
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Date: June 22nd, 2018 3:22 PM Author: histrionic very tactful resort (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291984) |
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Date: June 22nd, 2018 2:41 PM Author: excitant gas station stock car how in the fuck did you sign up $50K in cases, file them, and settle them in 3 wks? (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291740) |
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Date: June 22nd, 2018 2:42 PM Author: angry federal menage tank (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291744) |
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Date: June 22nd, 2018 2:44 PM Author: olive wrinkle the 16k in revenue is for flat-fee work and earned upon receipt. i'm trying to keep at least 5-10k per month for hourly/flat fee work so i have a constant drip of revenue. (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291760) |
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Date: June 22nd, 2018 2:44 PM Author: olive wrinkle Bros, what would you do for a client with a 400k loss case but which would need to be filed in state court? I offered the client 35% contingency if he pays all costs/expenses or 40% if i advance all costs/expenses and they are recovered upon any settlement. He countered and said he would only be ok with a 40% contingency fee which would INCLUDE reimbursement of my costs/expenses. I told him that's not how it works, and he needs to understand that my reimbursement of fees/costs has to be a separate deduction from the settlement amount (from the contingency). and now we're at an impasse. he's a pain in the ass to deal with, but he has a pretty good case here.
maybe i agree to rep him to the extent we can resolve the matter pre-filing. and take 40% including all costs, which would be very minimal if pre-court filing. |
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Date: June 22nd, 2018 2:49 PM Author: olive wrinkle (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291794) |
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Date: June 22nd, 2018 3:23 PM Author: supple umber garrison travel guidebook Summon: CSLG (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36292000) |
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Date: June 22nd, 2018 7:47 PM Author: olive wrinkle thoughts? (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36293545) |
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Date: June 27th, 2018 11:49 PM Author: yapping galvanic stead idiot (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36325600) |
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Date: June 27th, 2018 11:49 PM Author: olive wrinkle i took the client. but i didnt budge and he accepted 40% contingency plus i get reimbursed for costs/expenses. (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36325607) |
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Date: June 27th, 2018 11:50 PM Author: yapping galvanic stead idiot (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36325615) |
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Date: June 27th, 2018 11:51 PM Author: olive wrinkle no, been too pussy to ask for one. but i'll take the risk because he is a very sympathetic plaintiff and i think i can push this one to resolution without too much costs. (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36325620) |
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Date: June 22nd, 2018 2:46 PM Author: histrionic very tactful resort 180 (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291772) |
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Date: June 22nd, 2018 3:20 PM Author: hairraiser indigo community account associate Good shit, dude. Welcome (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291972) |
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Date: June 22nd, 2018 3:39 PM Author: supple umber garrison travel guidebook (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36292133) |
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Date: June 22nd, 2018 3:42 PM Author: unhinged cream area Referrals from other biglawyers? (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36292159) |
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Date: June 22nd, 2018 3:54 PM Author: olive wrinkle no. solo friends of mine (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36292265) |
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Date: June 22nd, 2018 3:54 PM Author: Fear-inspiring meetinghouse 180 (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36292263) |
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Date: June 22nd, 2018 7:44 PM Author: olive wrinkle (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36293529) |
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Date: June 27th, 2018 11:42 PM Author: olive wrinkle (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36325567) |
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Date: June 27th, 2018 11:57 PM Author: histrionic very tactful resort 180 (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36325657) |
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Date: June 27th, 2018 11:48 PM Author: Razzle roommate 180 brother (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36325596) |