Starting a Solo Practice: Business, Legal, and Tax Basics

One of the great things about being a lawyer is that you don't have to spend your life working for other people: you can always "hang out your shingle" and practice on your own. When you start your own law practice, you are an entrepreneur and will face many of the same challenges entrepreneurs face when starting new businesses. Join Cliff Ennico of the Law Offices of Clifford R. Ennico as he discusses the need for a business plan, explains how to attract new clients and manage your existing ones, teaches how to ensure you are running your practice profitably, and lines out how to protect yourself against lawsuits, pay taxes, and ensure your practice against liability.  

Learning Objectives:

1. Identify and put together a "Business Plan" for your solo practice

2. Analyze the need for a professional corporation or limited liability company

3. Indicate your price and bill your services 

4. Evaluate and retain your current and potential clients

5. Plan for your growing your practice and your exit strategy