Why Reducing Fees and Putting on A Pretty Pink Dress Won't Bring Solos Back to the ABA

There is a joke I heard recently from a small law firm who stopped renewing their ABA membership. The lawyer I spoke to said, “We get 13 things for our ABA dues – 12 nice magazines and a bill. Those are very expensive magazines.’ This is from someone who bought in to the idea, ‘graduate law school and join the ABA.’ No longer are students mindlessly joining an organization because it exists. Somewhere along the way any perception of value disappeared.

How To Prosper in the Age of Going Solo

It’s a trend that began after the economic downturn of the late 1980s, as many laid-off professionals became consultants. Then it seemed temporary, though, tied to bad times. Evidence now suggests that this is our new economic condition. Today, in fact, 20% to 23% of U.S. workers are operating as consultants, freelancers, free agents, contractors or micropreneurs. Current projections see the number only rising in coming years.

The Legal Profession's Dirty Little Secret

No one, especially not the profession as a whole, law schools or even lawyers themselves, wants to fully acknowledge there is a big pink (or rather very gray) elephant in the room. And this elephant is depression and the fact a significant percentage of attorneys suffer severe and debilitating depression. Especially the solo.

Faculty Announcement – Trippe S. Fried

Trippe S. Fried will teach a course about business law at Solo Practice University®. Trippe Fried has been a practicing attorney for seventeen years. He works exclusively with entrepreneurs and businesses and often as an outsourced general counsel. Trippe functions both as part of the management team assessing and addressing potential risks and as the […]

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