The Complete Guide to Starting a Law Practice

Starting a law practice is likely one of the most rewarding things you can do in your career.

It can also be one of the most daunting.

Table of contents

1
Identify the Costs Associated with Starting a Private Legal Practice
2
Create a Business Plan
3
Consider Insurance for Your Law Firm
4
Create a Risk Management Plan
5
Invest Time in Your Business Now, to Potentially Reduce Your Stress Later

However, taking some time right now to get a plan in place may help you set yourself up for success. In this guide, we’ll look at various aspects of starting your own practice, including:
  • The cost of starting a practice
  • Creating a business plan
  • Malpractice insurance for lawyers
  • Creating a risk management plan

Taking these steps may serve not only as a way to achieve professional success, but also to protect yourself and your team from potential risks.

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