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Featured Articles

How Much Cash Do You Need to Start Your Practice

Regardless of inflation, recession, boom, or depression, the answer to this question remains the same: You need enough cash (or guaranteed income) to support yourself and your family for one year. In other words, assume that even though your practice grows,you will not be able to take any cash out for one year. [more]

Should You Specialize?

I, personally, do not recommend you consider “specialization” until you have been in practice for six months to one year. I believe you need this time for two reasons: [more]

Lessons From a Solo Practitioner

by Robert J. Derocher

Law students and lawyers often seek advice from Jay Foonberg, author of the ABA’s How to Start & Build a Law Practice. His message is relevant for all who are finding their way in the legal profession.

For the lawyer getting ready to launch his or her own law practice, “The Golden Rule is dead,” Jay Foonberg declares bluntly. “The Platinum Rule is here: Do unto others as they want done unto them.” [more]