Self-employment is great. I mean, what’s there not to love about being your boss? You get to pick your working hours and what tasks you’ll do for the day. The perks are desirable for anyone willing to take the risk.
Being a self-employed lawyer means you work for yourself. Virtually, you escape the odd working hours and stressful work conditions that are the picture at many law firms. Following a law, career means you’d have to forego a lot.
Most lawyers may opt for a more enjoyable and rewarding career by only becoming self-employed. According to Statista, in the U.S. alone, there are over 1.3 million lawyers. All these cannot work in the available law firms where competition for rank and promotions is stiff, so they opt for self-employment.
Below are four simple ways self-employed lawyers can manage both their time and money and achieve productivity at the same time.
Plan Your Day’s Schedule The Day Before
If you didn’t know this already, now you do. To achieve a productive day, you need to plan your day’s activities the day before. Pretty much everyone who is employed or works for themselves know this. The flexibility element of being self-employed means you often have a lot of time on your hands, and if you don’t plan your activities, the day will go to waste.
Being a self-employed lawyer in most cases means you will have to handle the planning and execution of your schedule because an assistant may not necessarily be with your budget. You aim to keep your clients happy. They did, after all, choose yours over the meticulous organization of a law firm. So it is essential to have your newly found flexibility to prioritize their interests and commitments.
Create A Professional Website
A professional website is a great quick way to reach clients instead of posting on job boards and other platforms that may charge users. More than often, people go online looking for information, and looking for an attorney online is also possible.
A professional website about your legal services will not only get you potential clients, but it will also show them the level of seriousness with which you take your job. The strategy works because a well-arranged and the presented website is effective coercion to make clients work with you.
If you don’t know how to create a professional website, ask for help from professional web designers. It may be costly, but the investment will payout at the end. If you especially get an SEO friendly website, you can find yourself at the top of the search engine results. Here, more people will see you and contact you for your legal services.
Outsource What You Can’t Handle
Being a self-employed lawyer doesn’t necessarily mean you have unimaginable time on your hands. You can be swamped up with work as a junior lawyer at a law firm. Outsourcing some of the office services will create more time for you to focus on legal matters while other well-suited professionals handle your office’s other aspects. Some essential office services you can outsource might include:
- Tax preparation and filling
- Advertising and marketing
- Technology and IT
You can also outsource activities related to your line of work. Professional legal transcription services significantly will save you a lot of time. Transcribing those testimonies and regular meetings for yourself can be excruciatingly long and tiresome.
Generally, it is advisable to outsource any office work you do not enjoy, thereby ensuring that activity’s productivity.
Take Control Of Your Finances
Self-employment means more income. If you are on top of your game, you will find more clients who come to you for legal services. That in itself presents you with the opportunity to earn a higher salary than an employed legal defender.
That said, the influx of cash flowing in may cause some confusion as you are the sole proprietor and may lack accounting and bookkeeping skills. You can also take a short course on the proper ways to handle your money, or you could even outsource it. Either way, you get to reduce impulse spending and save and invest where possible.
If you are used to the usual set up and comfort a law firm offers, the significant changes of being a self-employed lawyer may scare you. Being a self-employed attorney means you are in the business solely for you. That way, you cannot afford to make decisions that will translate to the loss of a client. These tips will help you cultivate a basis for becoming a successful self-employed lawyer.