Fundamentals of a Successful Solo Practice

Professionalism Content

1. What are you selling – understanding the business of law, client development and strategic planning
2. Bill Bill and Bill – maintaining proper books and records; time management
3. Retainers and receivables/ How to be diligent in collection. Maintaining proper books and records
4. Detriment of a line of credit and financing. Getting a business credit card. Meeting financial obligations to third parties
5. If you cannot afford it do not do it – opening a legal practice
6. Incorporation pros and cons – Understanding the business of law and strategic planning
7. Renting space – meeting financial obligations to third parties; understanding the business of law and financial considerations
8. Computers /Programs – Technology in a law practice, including consideration for security of information, productivity and efficiency
9. Part time staff/Researchers/Legal Assistant/Court Runners/Conveyancers/Bookkeeper/Accountant – training, supervising and delegating to staff; handling money properly

Remainder of Program

1. Pay yourself what you are worth
2. Mentors – value and how to get one
3. Webpages – marketing your business
4. Seminar – marketing your business
5. Word of mouth – referrals/marketing your business
6. Networking –marketing your business
7. Quality of work – ensuring competence and CPD requirements
8. Furniture and Equipment – what do you need just starting out