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	<title>Comments on: What I&#8217;ve Learned My First Year Flying Solo</title>
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	<link>https://solopracticeuniversity.com/2011/09/01/what-ive-learned-my-first-year-flying-solo/</link>
	<description>The &#039;Practice of Law&#039; School</description>
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		<title>By: Aaron Millar</title>
		<link>https://solopracticeuniversity.com/2011/09/01/what-ive-learned-my-first-year-flying-solo/#comment-23593</link>
		<dc:creator><![CDATA[Aaron Millar]]></dc:creator>
		<pubDate>Fri, 16 Dec 2011 21:23:45 +0000</pubDate>
		<guid isPermaLink="false">http://solopracticeuniversity.com/?p=2631#comment-23593</guid>
		<description><![CDATA[Congrats on an excellent start to your practice!  I am a solo here in Utah doing bankruptcy and family law.  Any tips on finding a good legal VA?]]></description>
		<content:encoded><![CDATA[<p>Congrats on an excellent start to your practice!  I am a solo here in Utah doing bankruptcy and family law.  Any tips on finding a good legal VA?</p>
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		<title>By: Robert E. Wronski, Jr.</title>
		<link>https://solopracticeuniversity.com/2011/09/01/what-ive-learned-my-first-year-flying-solo/#comment-18521</link>
		<dc:creator><![CDATA[Robert E. Wronski, Jr.]]></dc:creator>
		<pubDate>Thu, 13 Oct 2011 15:30:33 +0000</pubDate>
		<guid isPermaLink="false">http://solopracticeuniversity.com/?p=2631#comment-18521</guid>
		<description><![CDATA[Thank you so much for this.  Though I&#039;m not an attorney, last month I decided to start my own one man consulting company.  Pretty much everything you wrote about seems just as applicable to my situation and you have filled my with a more hopeful and confident outlook.]]></description>
		<content:encoded><![CDATA[<p>Thank you so much for this.  Though I&#8217;m not an attorney, last month I decided to start my own one man consulting company.  Pretty much everything you wrote about seems just as applicable to my situation and you have filled my with a more hopeful and confident outlook.</p>
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		<title>By: Gabe Jimenez</title>
		<link>https://solopracticeuniversity.com/2011/09/01/what-ive-learned-my-first-year-flying-solo/#comment-16225</link>
		<dc:creator><![CDATA[Gabe Jimenez]]></dc:creator>
		<pubDate>Wed, 07 Sep 2011 15:36:48 +0000</pubDate>
		<guid isPermaLink="false">http://solopracticeuniversity.com/?p=2631#comment-16225</guid>
		<description><![CDATA[If you seek more of a &quot;case management software&quot; that includes accounting that is law-specific, I would look into PcLaw by Lexis Nexis.  I purchased that software before the LexisNexis buy out and it was same price as getting Quickbooks.  Plus you get actual case management capabilities built in.  I still use this program even though I&#039;m a mac user-- it&#039;s that useful.]]></description>
		<content:encoded><![CDATA[<p>If you seek more of a &#8220;case management software&#8221; that includes accounting that is law-specific, I would look into PcLaw by Lexis Nexis.  I purchased that software before the LexisNexis buy out and it was same price as getting Quickbooks.  Plus you get actual case management capabilities built in.  I still use this program even though I&#8217;m a mac user&#8211; it&#8217;s that useful.</p>
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		<title>By: Tom Henderson</title>
		<link>https://solopracticeuniversity.com/2011/09/01/what-ive-learned-my-first-year-flying-solo/#comment-16224</link>
		<dc:creator><![CDATA[Tom Henderson]]></dc:creator>
		<pubDate>Wed, 07 Sep 2011 14:18:34 +0000</pubDate>
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		<description><![CDATA[Echoing your comments re: accounting software.  For those just starting out solo, I recommend that you spend the additional bucks for the Professional Premier edition of Quickbooks.  Includes a very capable timekeeping/billing system that is fine for a solo/small office arrangement. If time is current - always a challenge, but less so once you realize that it&#039;s your &quot;inventory,&quot; and keeping track is not going to advance you within the firm, but rather feed and house you and your family - the billing process itself takes @ 45 minutes a month.]]></description>
		<content:encoded><![CDATA[<p>Echoing your comments re: accounting software.  For those just starting out solo, I recommend that you spend the additional bucks for the Professional Premier edition of Quickbooks.  Includes a very capable timekeeping/billing system that is fine for a solo/small office arrangement. If time is current &#8211; always a challenge, but less so once you realize that it&#8217;s your &#8220;inventory,&#8221; and keeping track is not going to advance you within the firm, but rather feed and house you and your family &#8211; the billing process itself takes @ 45 minutes a month.</p>
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		<title>By: Jo-Na</title>
		<link>https://solopracticeuniversity.com/2011/09/01/what-ive-learned-my-first-year-flying-solo/#comment-16218</link>
		<dc:creator><![CDATA[Jo-Na]]></dc:creator>
		<pubDate>Wed, 07 Sep 2011 12:16:56 +0000</pubDate>
		<guid isPermaLink="false">http://solopracticeuniversity.com/?p=2631#comment-16218</guid>
		<description><![CDATA[Great article! As always, your journey inspires me. Thank you for sharing!]]></description>
		<content:encoded><![CDATA[<p>Great article! As always, your journey inspires me. Thank you for sharing!</p>
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		<title>By: Gabe Jimenez</title>
		<link>https://solopracticeuniversity.com/2011/09/01/what-ive-learned-my-first-year-flying-solo/#comment-16210</link>
		<dc:creator><![CDATA[Gabe Jimenez]]></dc:creator>
		<pubDate>Wed, 07 Sep 2011 01:18:46 +0000</pubDate>
		<guid isPermaLink="false">http://solopracticeuniversity.com/?p=2631#comment-16210</guid>
		<description><![CDATA[I certainly think practice area is something that should be considered.  For example, there are huge differences in thinking about advertising if you practice family-based immigration law vs. personal injury litigation.  What I mean is this: imm law is normally a flat-fee practice.  Once you have determined what your flat fee is for a certain case (e.g. a wife petitions for a husband for legal residency) and you have determined that you charge $X.XX for that case.  You then calculate the cost of adversing in a certain venue for a year.  It comes out to $X.XX for the year.  What you should now do is not focus on the expenditure but on the potential return.  That is, how many of the &quot;example&quot; cases do you need to recoup the investment?  If my advertising is $10,000 a year, I might only need to sign up 4 clients over the year to recoup that expense.  If it&#039;s a more complicated case, I might recoup that expense with 2 clients or 3 clients (each with one case each).  So, I have already made a determination whether such a client base exists in my area.  If so, I proceed with the investment.  PI law is more difficult because it takes longer to recoup the investment (if a case doesn&#039;t settle for a year or longer, etc.). 

It&#039;s difficult to know what advertising is bad vs. good.  You need to use some instincts.  black and white with no picture seems like a bad bet.  People want to see who they&#039;re calling.  Color makes your ad stand out.    Finally, take a chance-- the right call can expand your business almost immediately.]]></description>
		<content:encoded><![CDATA[<p>I certainly think practice area is something that should be considered.  For example, there are huge differences in thinking about advertising if you practice family-based immigration law vs. personal injury litigation.  What I mean is this: imm law is normally a flat-fee practice.  Once you have determined what your flat fee is for a certain case (e.g. a wife petitions for a husband for legal residency) and you have determined that you charge $X.XX for that case.  You then calculate the cost of adversing in a certain venue for a year.  It comes out to $X.XX for the year.  What you should now do is not focus on the expenditure but on the potential return.  That is, how many of the &#8220;example&#8221; cases do you need to recoup the investment?  If my advertising is $10,000 a year, I might only need to sign up 4 clients over the year to recoup that expense.  If it&#8217;s a more complicated case, I might recoup that expense with 2 clients or 3 clients (each with one case each).  So, I have already made a determination whether such a client base exists in my area.  If so, I proceed with the investment.  PI law is more difficult because it takes longer to recoup the investment (if a case doesn&#8217;t settle for a year or longer, etc.). </p>
<p>It&#8217;s difficult to know what advertising is bad vs. good.  You need to use some instincts.  black and white with no picture seems like a bad bet.  People want to see who they&#8217;re calling.  Color makes your ad stand out.    Finally, take a chance&#8211; the right call can expand your business almost immediately.</p>
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		<title>By: Rachel Rodgers</title>
		<link>https://solopracticeuniversity.com/2011/09/01/what-ive-learned-my-first-year-flying-solo/#comment-16202</link>
		<dc:creator><![CDATA[Rachel Rodgers]]></dc:creator>
		<pubDate>Tue, 06 Sep 2011 20:51:50 +0000</pubDate>
		<guid isPermaLink="false">http://solopracticeuniversity.com/?p=2631#comment-16202</guid>
		<description><![CDATA[Hi Gabe, 

Thanks for sharing your successes with advertising! Unlike you, I and other lawyers I know, did not have much luck with advertising. The money spent was not recouped. 

Do you think it depends on the practice area? Is there a trial and error period involved? How can young lawyers differentiate between the good advertising opportunities from the bad ones? That would be very useful to know. For a new solo with a limited budget, its risky to spend money on ads that don&#039;t provide a return. Although, there are a myriad of risks inherent in entrepreneurship and starting a law practice so its just one of many. 

I personally preferred to use my own time and labor to market myself as opposed to ads because I wanted to keep my costs as low as possible. But of course, the amount of time and money you have available does shift over time. 

I&#039;d love to learn more about how you made ads work for you.]]></description>
		<content:encoded><![CDATA[<p>Hi Gabe, </p>
<p>Thanks for sharing your successes with advertising! Unlike you, I and other lawyers I know, did not have much luck with advertising. The money spent was not recouped. </p>
<p>Do you think it depends on the practice area? Is there a trial and error period involved? How can young lawyers differentiate between the good advertising opportunities from the bad ones? That would be very useful to know. For a new solo with a limited budget, its risky to spend money on ads that don&#8217;t provide a return. Although, there are a myriad of risks inherent in entrepreneurship and starting a law practice so its just one of many. </p>
<p>I personally preferred to use my own time and labor to market myself as opposed to ads because I wanted to keep my costs as low as possible. But of course, the amount of time and money you have available does shift over time. </p>
<p>I&#8217;d love to learn more about how you made ads work for you.</p>
]]></content:encoded>
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		<title>By: Gabe Jimenez</title>
		<link>https://solopracticeuniversity.com/2011/09/01/what-ive-learned-my-first-year-flying-solo/#comment-16195</link>
		<dc:creator><![CDATA[Gabe Jimenez]]></dc:creator>
		<pubDate>Tue, 06 Sep 2011 16:56:45 +0000</pubDate>
		<guid isPermaLink="false">http://solopracticeuniversity.com/?p=2631#comment-16195</guid>
		<description><![CDATA[Congratulations Rachel.  Your post made me think back to my first year solo, which was 2007.   I agree that at the beginning, you have more time to market oneself and that&#039;s what I did, but as you grow, you have less time to do that.  However, I have to take your comment about advertising with a grain of salt-- like with other things, it is unwise to generalize on this point.  I think the reason many solos have little success with &quot;advertising&quot; is that they don&#039;t know how to do it right.  Almost right out of the gate, I made an investment in online marketing through lawyers.com and the results were exceptional.  I had also designed my own website and made sure to tweak it to make sure it showed up in google results.  At the beginning of 2009, I then began a campaign of placing a 1/4 page ad in a free local magazine in my city and the results were again exceptional-- (at least a 300-400% return on investment).   So, &quot;ads&quot; can work if you know how to do it and do the proper market analysis-- e.g.: a small black and white ad probably won&#039;t work.  Year one: $67,000 income.  Year two:  $84,000.  Year three:  $116,000 (year I began the &quot;ads&quot; in the magazine); Year four:  $166,000 (second year of &quot;ads&quot;); Current year projection based on monthly average revenue:  $200,448.     I attribute the yearly increase in revenue to my continued &quot;advertising&quot; -- I don&#039;t &quot;market&quot; myself as much anymore like I did in year one-- I don&#039;t have the time to do that.  Instead, I focus my marketing on tweaking my advertising to make sure it is effective.  Of course, more and more, when I ask a consult how they heard about me, more and more you hear:  &quot;so and so referred me to you...&quot;; however, it is funny that sometimes I&#039;ll ask that and they&#039;ll pull out that magazine where my ad is...]]></description>
		<content:encoded><![CDATA[<p>Congratulations Rachel.  Your post made me think back to my first year solo, which was 2007.   I agree that at the beginning, you have more time to market oneself and that&#8217;s what I did, but as you grow, you have less time to do that.  However, I have to take your comment about advertising with a grain of salt&#8211; like with other things, it is unwise to generalize on this point.  I think the reason many solos have little success with &#8220;advertising&#8221; is that they don&#8217;t know how to do it right.  Almost right out of the gate, I made an investment in online marketing through lawyers.com and the results were exceptional.  I had also designed my own website and made sure to tweak it to make sure it showed up in google results.  At the beginning of 2009, I then began a campaign of placing a 1/4 page ad in a free local magazine in my city and the results were again exceptional&#8211; (at least a 300-400% return on investment).   So, &#8220;ads&#8221; can work if you know how to do it and do the proper market analysis&#8211; e.g.: a small black and white ad probably won&#8217;t work.  Year one: $67,000 income.  Year two:  $84,000.  Year three:  $116,000 (year I began the &#8220;ads&#8221; in the magazine); Year four:  $166,000 (second year of &#8220;ads&#8221;); Current year projection based on monthly average revenue:  $200,448.     I attribute the yearly increase in revenue to my continued &#8220;advertising&#8221; &#8212; I don&#8217;t &#8220;market&#8221; myself as much anymore like I did in year one&#8211; I don&#8217;t have the time to do that.  Instead, I focus my marketing on tweaking my advertising to make sure it is effective.  Of course, more and more, when I ask a consult how they heard about me, more and more you hear:  &#8220;so and so referred me to you&#8230;&#8221;; however, it is funny that sometimes I&#8217;ll ask that and they&#8217;ll pull out that magazine where my ad is&#8230;</p>
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		<title>By: Rachel Rodgers</title>
		<link>https://solopracticeuniversity.com/2011/09/01/what-ive-learned-my-first-year-flying-solo/#comment-15997</link>
		<dc:creator><![CDATA[Rachel Rodgers]]></dc:creator>
		<pubDate>Fri, 02 Sep 2011 21:57:01 +0000</pubDate>
		<guid isPermaLink="false">http://solopracticeuniversity.com/?p=2631#comment-15997</guid>
		<description><![CDATA[Anthony, 

Congrats on taking the leap (again) and for securing your handful of clients! That&#039;s all it takes, isn&#039;t it? I appreciate your kind words and will continue to share everything I know as long as its helping others. 

Wishing you much success throughout the rest of your first year! :)]]></description>
		<content:encoded><![CDATA[<p>Anthony, </p>
<p>Congrats on taking the leap (again) and for securing your handful of clients! That&#8217;s all it takes, isn&#8217;t it? I appreciate your kind words and will continue to share everything I know as long as its helping others. </p>
<p>Wishing you much success throughout the rest of your first year! <img src="https://solopracticeuniversity.com/wp-includes/images/smilies/icon_smile.gif" alt=":)" class="wp-smiley" /> </p>
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		<title>By: Rachel Rodgers</title>
		<link>https://solopracticeuniversity.com/2011/09/01/what-ive-learned-my-first-year-flying-solo/#comment-15996</link>
		<dc:creator><![CDATA[Rachel Rodgers]]></dc:creator>
		<pubDate>Fri, 02 Sep 2011 21:54:37 +0000</pubDate>
		<guid isPermaLink="false">http://solopracticeuniversity.com/?p=2631#comment-15996</guid>
		<description><![CDATA[Mark, 

You are absolutely right! Thank you for correcting me. Its true that I use marketing and advertising interchangeably sometimes. Oops!

What I meant was don&#039;t spend money placing ads, because I have found that to be ineffective, in general, among the solos I know. 

Thank you, again! :)]]></description>
		<content:encoded><![CDATA[<p>Mark, </p>
<p>You are absolutely right! Thank you for correcting me. Its true that I use marketing and advertising interchangeably sometimes. Oops!</p>
<p>What I meant was don&#8217;t spend money placing ads, because I have found that to be ineffective, in general, among the solos I know. </p>
<p>Thank you, again! <img src="https://solopracticeuniversity.com/wp-includes/images/smilies/icon_smile.gif" alt=":)" class="wp-smiley" /> </p>
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