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Solo, 3 weeks in, taking questions
| bearded associate library | 06/22/18 |
| supple magical forum persian | 06/22/18 |
| Razzmatazz cheese-eating home athletic conference | 06/22/18 |
| bearded associate library | 06/22/18 |
| Razzmatazz cheese-eating home athletic conference | 06/22/18 |
| bearded associate library | 06/22/18 |
| Razzmatazz cheese-eating home athletic conference | 06/22/18 |
| bearded associate library | 06/22/18 |
| Razzmatazz cheese-eating home athletic conference | 06/22/18 |
| Apoplectic plaza messiness | 06/22/18 |
| Razzmatazz cheese-eating home athletic conference | 06/22/18 |
| Apoplectic plaza messiness | 06/22/18 |
| Razzmatazz cheese-eating home athletic conference | 06/22/18 |
| godawful gold idea he suggested | 06/22/18 |
| impertinent codepig | 06/22/18 |
| bearded associate library | 06/22/18 |
| Sable parlor | 06/22/18 |
| bearded associate library | 06/22/18 |
| green point | 06/22/18 |
| Arousing red property half-breed | 06/22/18 |
| walnut circlehead coffee pot | 06/22/18 |
| Apoplectic plaza messiness | 06/22/18 |
| bearded associate library | 06/22/18 |
| bearded associate library | 06/22/18 |
| bearded associate library | 06/22/18 |
| bull headed fat ankles | 06/22/18 |
| bearded associate library | 06/22/18 |
| amethyst hospital love of her life | 06/27/18 |
| bearded associate library | 06/27/18 |
| amethyst hospital love of her life | 06/27/18 |
| bearded associate library | 06/27/18 |
| Arousing red property half-breed | 06/22/18 |
| mind-boggling ape | 06/22/18 |
| bull headed fat ankles | 06/22/18 |
| vivacious mental disorder abode | 06/22/18 |
| bearded associate library | 06/22/18 |
| duck-like aggressive boistinker sound barrier | 06/22/18 |
| bearded associate library | 06/22/18 |
| bearded associate library | 06/27/18 |
| Arousing red property half-breed | 06/27/18 |
| Stimulating base | 06/27/18 |
Poast new message in this thread
Date: June 22nd, 2018 1:33 PM Author: bearded associate library 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: supple magical forum persian 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: Razzmatazz cheese-eating home athletic conference all PI?
pre-solo background? |
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Date: June 22nd, 2018 2:31 PM Author: bearded associate library PI, biz disputes
formerly biglaw |
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Date: June 22nd, 2018 2:42 PM Author: Razzmatazz cheese-eating home athletic conference 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: bearded associate library 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: Razzmatazz cheese-eating home athletic conference 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: bearded associate library 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: Razzmatazz cheese-eating home athletic conference *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: Apoplectic plaza messiness 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: Razzmatazz cheese-eating home athletic conference 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: Apoplectic plaza messiness 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: Razzmatazz cheese-eating home athletic conference 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: godawful gold idea he suggested 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: impertinent codepig 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: bearded associate library <$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: Sable parlor 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: bearded associate library 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: green point 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: Arousing red property half-breed (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: walnut circlehead coffee pot 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: Apoplectic plaza messiness (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: bearded associate library 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: bearded associate library 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: bearded associate library (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: bull headed fat ankles 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: bearded associate library 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: amethyst hospital love of her life (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: bearded associate library 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: amethyst hospital love of her life (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: bearded associate library 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: Arousing red property half-breed 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: mind-boggling ape 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: bull headed fat ankles (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: vivacious mental disorder abode 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: bearded associate library 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: duck-like aggressive boistinker sound barrier 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: bearded associate library (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: bearded associate library (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: Arousing red property half-breed 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: Stimulating base 180 brother (http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36325596) |