The Year of The Entrepreneur - Even Big Law Lawyers Doing Startups

You know your practice area. You have a brandname in it. You are well-connected. You understand the sales process. What's left in starting up your own business is learning how to operate a businesss. That's very different than the business development you used to do at Kirkland & Ellis, Paul Weiss or Perkins Coie. 

But thanks to legal tech and more specifically AI tools for everything from keeping the books to managing client relations operations become more doable. 

Reddit Big Law focuses on that trend: Big Law lawyers leaving that prestigious setting to fly solo. You probably will have lower compensation than in large law firms but you'll still retain an upper middle class income. The lawyers I coach who have navigated that transition usually succeed with a niche approach. For example, one man's solo practice specializes in the legal needs of dentists. Currently the challenge is getting the pricing right. 

Tomorrow I deliver an hour seminar on starting your own business, at any age for O'Dwyer Public Relations. But it's not restricted to the public relations sector. And it goes beyond the usual suspects - those over-40. More young people have been locked out of the white collar job market. That situation is worsening so rapidly that I recommend: Less focus on high grades (unless you are heading to law, medicine, internships on Wall Street and those sorts of career paths) and more experimentation with a startup in the dorm. 

Need help sorting out how to make a living? Complimentary consultation with intuitive coach Jane Genova (text 203-468-8579, email janegenova374@gmail.com).


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