Can a Virtual Law Firm Succeed? | 1 Year Review!
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- Äas pĆidĂĄn 5. 09. 2024
- Find out how my Virtual Law Firm performed in its first year! When starting a law firm, you need to figure out how much money you should make as a lawyer and how you'll make that amount. So in this video, I also give the strategies used to make sure that my virtual law firm could start making money ASAP.
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This video is NOT sponsored. Some product links are affiliate links. Therefore, if you buy something, Law Venture will receive a small commission for your support.
Read the blog post for more details - bit.ly/3fh43TV
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Now the boring stuff:
This is not legal advice. This content and all of Law Venture's content is for informational purposes only. You should contact your attorney to obtain legal advice with respect to any particular issue or problem. Nothing here should be construed to form an attorney client relationship of any kind.
Full disclaimer: bit.ly/2JjVjQT
Learn how to build a PI Law Firm on a budget: lawventure.com/personal-injury-playbook-2/
If you appreciate the transparency, then hit the Like Button to show your support đ
Congratulations Jarrett Stone, wish you all the best
Thanks! Really appreciate the support đ
can you do a video on how to structure attorney fees/client contracts/how payments are handled? thank you so much for your videos!
Your openness is greatly appreciated!!!
Thanks!
Congratulations on the 1-year anniversary of your law practice. I'm a solo practitioner in North Carolina & subscribed to hear more from you!
I really appreciate it! And I will definitely be posting more on this topic!
@@LawVenture I also have a few videos on my channel about starting a solo law practice & said the same thing as you-- first step is to look at your finances, have $$ saved up, and see how much you need. A virtual office didn't work for me-- I did that for a few months when I was in between office space. Looks like we do different practice areas though. :)
Iâm in this process now. Your video was very encouraging. Thank you
Appreciate it brother! I'm hoping to get licensed myself at the year's end, and I plan on doing exactly this: starting my own firm and building something great. Really appreciate you sharing the knowledge and being as transparent as you were. It definitely helps the new lawyers/grads/students on the block! I look forward to watching more content on this kinda stuff!
Best of luck!
Really nice video. Iâve been a lifer in the practice of law. I do approach overhead differently. I have Westlaw and about five other software providers-lawyaw-casetext-efiling and malpractice insurance. My overhead before I bring in a penny for myself is about 2500 per month. I tried with and without malpractice insurance over the years. Not sure which I prefer as I have never had a claim. Your disciplined approach is a sure fire winner.
I appreciate it! Not going to lie... there are times that I miss the convenience of Westlaw. I haven't made a video about it yet, but I've been using a mix of Google Scholar and another free service (provided through the Texas bar) for legal research. It's not as efficient as Westlaw, but it's been doing the trick thus far *crosses fingers*
In NC, the voluntary state bar association has something similar for free. Also try Gilsbar Pro/CNA for cheaper legal malpractice insurance. I saved about $1k a month switching to them.
I think Westlaw or a competitor would give you a free account because of your social media reach. Theyâd probably offer a discount to your followers. I use your youthful energy to brush up on my evidence skills and remind me of what younger people face in law. I think some products make you money and save on drafting etc. Also if any of your cases go to trial, it really demands that your efficiency is solid so as not to fall too far behind.
Daniel - This entire comment is terrific. Thanks!
Indonesian solo lawyer here. Thank you for your insight, much appreciated! Wish you all the best.
Best of luck!
Great approach for adapting to the changing legal landscape. Congratulations on your success! Looking forward to more of your videos in the upcoming year.
I appreciate the kind words! đ
Oh, time flies! happy anniversary Jerret :)
Yes! Thank you!
Hey my learned friend, congrats and thank you for sharing
I appreciate it đ
Thank you for this video. Would you share your strategy on how to get doctors to refer you clients?
I actually have a 24-minute video that breaks down how I turn doctors into referral sources! The video is in my online course, the PI Playbook. Since people paid for this video, it wouldnât be fair for me to share for free. But you can learn more about the course by going here: lawventure.com/personal-injury-playbook-2/
How much do you make a year?
LAMBDA, ChatGPT has had some recent filters to fuck the dude prompt up so Iâm building an AI system under a chatbot that can initiate lawsuits by creating a virtual law firm and initiate through the fern and through DoNotPay ⊠court clerks donât want to initiate shit⊠please help Steven Castillo uphold human civil rights..