If you’re planning to hang your own shingle, chances are you are doing it alone; according to Forbes, only 22 percent of small business owners have mentors when they start.
While we can’t deliver your own personal mentor, we can provide advice from people who have been there before: lawyers who left the security of established firms to create their own shops. From corporate to criminal, these legal entrepreneurs offer guidance on several aspects of legal entrepreneurship:
Start with inspiration. Scott Levine started AEGIS Law in St. Louis in 2003; the firm has grown to 40 lawyers practicing in the classics (litigation, real estate, corporate) as well as emerging aspects of the law (blockchain and crypto).
Scott said he was motivated by a clarity of purpose: “At that time, I was trying to bring my perspective, my energy, and my ambitions into the world. It was about what I thought I knew and what I believed I could contribute, even if I couldn’t fully articulate it to anyone else.”
Takeaway: Take some time to define the vision for your business. It’s energizing to design the kind of firm you want, and having a written plan will keep you from wasting time and resources on tactics that don’t support your vision.
This doesn’t need to be an 83-page binder; the EOS (Entrepreneur Operating System) has a two-page “Vision/Traction Organizer” that walks you through key aspects like:
- Core Focus
- Target Clients
- Key Differentiators
- Short- and Long-Term Goals and Projections
Stick to the plan. Michelle Marvel, who co-founded the personal injury firm Cannezzaro Marvel in 2022, said it’s not enough to define your focus; you must commit to it.
“Be selective about the cases you take,” she said. “It’s tempting to accept everything to keep referral sources happy, but taking on matters that aren’t a good fit can drain your time and attention from the clients who truly need your focus. The right cases will move your firm forward; the wrong ones will hold it back.”
Know your clients. Susie Jones co-founded Jones Robb, a patent boutique, in 2007. In the early days of her new firm, she was offered a secondment with one of her clients, an experience she said was invaluable to learning the client perspective.
“Understand your clients beyond the work product and legal advice they are seeking,” she said. “There may be solutions in the way you deliver your product, or other things you can do for them that neither of you are considering.”
For those serving corporations, she said, efficiency is paramount: “In-house budgets are tight when it comes to using law firms, so it is important to ensure you can deliver your legal services efficiently and effectively. Learn about what those client needs are, leverage technology, and think through how processes can be streamlined.”
Takeaway: Sketch out a persona of your ideal client. What are their needs, motivations, hopes and fears? This will help you communicate with empathy instead of self-promotion, and as Susie said, brainstorm ways you can better serve (and keep) them.
For a straightforward process, you can download a persona template through the Digital Marketing Institute or explore their ChatGPT prompts to draft one with AI.
Communicate consistently. David Vogel launched Eischens Vogel Mediation Solutions, a mediation firm for employment law and business litigation, in 2021. He said he and his partner focused a lot of energy on the launch announcement, but in retrospect he would have had a longer-term plan to promote the firm to their networks.
“[We] probably should have developed a broader game plan on utilizing other forms of social media, like Facebook, Instagram, LinkedIn, et cetera,” he said. “Once you get moving, it’s hard to circle back and use those resources, which seem to be great forms of free publicity.”
Balance smart investment and cost control. Justin Poplin, who created the IP boutique Avant Law in April 2020 before merging into AVEK IP, said he regretted not hiring faster: “We were overly conservative in hiring. If I could change something now, I would have added one more associate attorney at the beginning.”
At the same time, Tom Bath of Bath & Edmonds, a criminal defense firm created in 1997, advised new law firms to “control your costs. Keep things small, as necessary. Hard work and hustle are the keys to success.”
Takeaway: It’s worth the investment in a virtual CFO who can watch your profitability and advise on timing for new hires. This also frees you up to build the business (and to do your day job of practicing law).
Anticipate the worst. David, the former employment lawyer, brings this advice: “Although you and your colleagues are likely confident you will be business partners forever, you should prepare detailed documents regarding how difficult issues will be handled, from compensation and expense formulas to dispute resolution procedures, up to and including the path to dissolution. We’ve all just seen too many lawsuits where a friendly team planning a startup falls back on ‘That’s not going to happen’ or ‘We’ll figure it out.’”
Michael Foster, who co-founded Foster Wallace in 2018, agreed, advising startup firms to have a safety net – and “work harder than you expect.”
“If you work hard and get results, you’ll make it work, and you’ll be way happier than you were before you started your own firm and worked for someone else,” he said. “You just have to be prepared to work the long hours and do whatever it takes to succeed.”





