Here is a good list of ten qualities of an entrepreneur. The list has relevance if you are contemplating striking out on your own (or starting a new firm with partners). Item #4 is probably the hardest one to translate to the law (Do you have a unique service or product?) It’s hard to come … Read more
A good overview if you are thinking of going out on your own.
As more associates and law school graduates are finding themselves jobless, starting a law practice is becoming a more attractive option. The ABA Law Practice Management Section publishes some good resources on the subject (click here). If you are in the Boston area and want some help in doing a business plan, a former colleague … Read more
Why would anyone want to start a business in a down economy? As it turns out, there are some very good reasons to do so. Some are articulated here by a career coach (competitors weaken, clients get restless and are looking for bargains, biglaw cuts back). It is also true that your opportunity costs are … Read more
Here are some tips for anyone with an entrepreneurial itch.
The March/April 2006 issue of the Boston Bar Journal features a good article on the fiduciary obligations that partners have to clients and to their firms (if they want to leave their existing firm.) Sorry, no link yet. The article has some very practical suggestions about how to move on without violating your ethical obligations.