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Solo, 3 weeks in, taking questions

Docket: 11 cases, vast majority contingency, largely referra...
violent indecent dragon
  06/22/18
gj
rough-skinned coldplay fan market
  06/22/18
all PI? pre-solo background?
cobalt pit
  06/22/18
PI, biz disputes formerly biglaw
violent indecent dragon
  06/22/18
biglaw lit? how long?
cobalt pit
  06/22/18
pseudo biglaw, maybe midlaw... 6 years
violent indecent dragon
  06/22/18
but lit? that's more the point i was asking about
cobalt pit
  06/22/18
yes. i couldnt imagine doing what im doing now without being...
violent indecent dragon
  06/22/18
*kills self*
cobalt pit
  06/22/18
U a tranny bro thinking of going solo?
impertinent razzmatazz mad cow disease stead
  06/22/18
yup. have an inhouse do nothing 'dream' job of 10-5 and im ...
cobalt pit
  06/22/18
Yeah same here. Seriously starting to think that Inhouse is ...
impertinent razzmatazz mad cow disease stead
  06/22/18
ofs
cobalt pit
  06/22/18
Now do a 5 year projection based on your three weeks
cruel-hearted internal respiration foreskin
  06/22/18
what's your monthly burn?
House-broken main people
  06/22/18
<$1,000, maybe even <$500. i work from home, meet clie...
violent indecent dragon
  06/22/18
Good work, brother. As I poasted recently, I'm looking at le...
Overrated multi-billionaire masturbator
  06/22/18
Agree. And i literally work in shorts and a tshirt from my h...
violent indecent dragon
  06/22/18
18000000
french high-end gas station
  06/22/18
...
alcoholic honey-headed potus
  06/22/18
how in the fuck did you sign up $50K in cases, file them, an...
swashbuckling alpha meetinghouse
  06/22/18
...
impertinent razzmatazz mad cow disease stead
  06/22/18
the 16k in revenue is for flat-fee work and earned upon rece...
violent indecent dragon
  06/22/18
Bros, what would you do for a client with a 400k loss case b...
violent indecent dragon
  06/22/18
...
violent indecent dragon
  06/22/18
Summon: CSLG
Curious well-lubricated candlestick maker
  06/22/18
thoughts?
violent indecent dragon
  06/22/18
...
scarlet stage
  06/27/18
i took the client. but i didnt budge and he accepted 40% con...
violent indecent dragon
  06/27/18
...
scarlet stage
  06/27/18
no, been too pussy to ask for one. but i'll take the risk b...
violent indecent dragon
  06/27/18
180
alcoholic honey-headed potus
  06/22/18
Good shit, dude. Welcome
Provocative Area Indirect Expression
  06/22/18
...
Curious well-lubricated candlestick maker
  06/22/18
Referrals from other biglawyers?
olive digit ratio
  06/22/18
no. solo friends of mine
violent indecent dragon
  06/22/18
180
Spruce exciting mood macaca
  06/22/18
...
violent indecent dragon
  06/22/18
...
violent indecent dragon
  06/27/18
180
alcoholic honey-headed potus
  06/27/18
180 brother
mahogany love of her life
  06/27/18


Poast new message in this thread



Reply Favorite

Date: June 22nd, 2018 1:33 PM
Author: violent indecent dragon

Docket: 11 cases, vast majority contingency, largely referrals from people I know.

Revenue thus far: $16,250

Based on current docket, 2018 solo revenue (6 month period including earned to date) will total approximately $45,000 (i was at my other job for the first 6 months). One year projected revenue (June 2018 - June 2019) is approximately $175,000 based on my valuation of the current caseload, assuming they settle within 12 months.

Never worked this hard in my life, but incredibly happy, and I've made some nice progress in only 3 weeks. Looking forward to building on this. On the down side, I'm getting obsessed and finding it very hard to have a work/life balance. But i assume that's how it is going to be in these early days until I can establish a routine.

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291195)



Reply Favorite

Date: June 22nd, 2018 1:36 PM
Author: rough-skinned coldplay fan market

gj

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291227)



Reply Favorite

Date: June 22nd, 2018 1:43 PM
Author: cobalt pit

all PI?

pre-solo background?

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291272)



Reply Favorite

Date: June 22nd, 2018 2:31 PM
Author: violent indecent dragon

PI, biz disputes

formerly biglaw

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291637)



Reply Favorite

Date: June 22nd, 2018 2:42 PM
Author: cobalt pit

biglaw lit? how long?

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291746)



Reply Favorite

Date: June 22nd, 2018 2:45 PM
Author: violent indecent dragon

pseudo biglaw, maybe midlaw... 6 years

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291764)



Reply Favorite

Date: June 22nd, 2018 2:45 PM
Author: cobalt pit

but lit? that's more the point i was asking about

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291768)



Reply Favorite

Date: June 22nd, 2018 2:46 PM
Author: violent indecent dragon

yes. i couldnt imagine doing what im doing now without being completely comfortable with lit.

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291775)



Reply Favorite

Date: June 22nd, 2018 2:50 PM
Author: cobalt pit

*kills self*

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291803)



Reply Favorite

Date: June 22nd, 2018 3:14 PM
Author: impertinent razzmatazz mad cow disease stead

U a tranny bro thinking of going solo?

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291931)



Reply Favorite

Date: June 22nd, 2018 3:17 PM
Author: cobalt pit

yup. have an inhouse do nothing 'dream' job of 10-5 and im bored as fuck and feel emasculated having to come to an office and sit in a glass cage everyday. zero lit experience though.

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291947)



Reply Favorite

Date: June 22nd, 2018 3:20 PM
Author: impertinent razzmatazz mad cow disease stead

Yeah same here. Seriously starting to think that Inhouse is better for women and gays or modern liberal “men”

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291969)



Reply Favorite

Date: June 22nd, 2018 3:23 PM
Author: cobalt pit

ofs

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291993)



Reply Favorite

Date: June 22nd, 2018 1:44 PM
Author: cruel-hearted internal respiration foreskin

Now do a 5 year projection based on your three weeks

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291280)



Reply Favorite

Date: June 22nd, 2018 2:12 PM
Author: House-broken main people

what's your monthly burn?

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291446)



Reply Favorite

Date: June 22nd, 2018 2:30 PM
Author: violent indecent dragon

<$1,000, maybe even <$500. i work from home, meet clients at coffee shops, etc. my E&O is probably the largest single monthly charge at $141. rest is tech/efficiency stuff like docusign, quickbooks, etc.

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291632)



Reply Favorite

Date: June 22nd, 2018 2:36 PM
Author: Overrated multi-billionaire masturbator

Good work, brother. As I poasted recently, I'm looking at leaving a low-six fig government job to join a smallish regional firm, and I'm approaching it as if I'm building my own solo shop. With a hell of a lot of hustling, I think I can get dem referrals. Might take a salary hit in the short term but long-term it seems like it would pay much more. Sounds like you're thinking the same.

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291694)



Reply Favorite

Date: June 22nd, 2018 2:38 PM
Author: violent indecent dragon

Agree. And i literally work in shorts and a tshirt from my home everyday. I go for walks whenever I please. That said, I woke up at 4:30am yesterday to get a shitload of work done for a client before the day started. Lots of work, but still 180.

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291715)



Reply Favorite

Date: June 22nd, 2018 2:50 PM
Author: french high-end gas station

18000000

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291801)



Reply Favorite

Date: June 22nd, 2018 3:22 PM
Author: alcoholic honey-headed potus



(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291984)



Reply Favorite

Date: June 22nd, 2018 2:41 PM
Author: swashbuckling alpha meetinghouse

how in the fuck did you sign up $50K in cases, file them, and settle them in 3 wks?

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291740)



Reply Favorite

Date: June 22nd, 2018 2:42 PM
Author: impertinent razzmatazz mad cow disease stead



(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291744)



Reply Favorite

Date: June 22nd, 2018 2:44 PM
Author: violent indecent dragon

the 16k in revenue is for flat-fee work and earned upon receipt. i'm trying to keep at least 5-10k per month for hourly/flat fee work so i have a constant drip of revenue.

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291760)



Reply Favorite

Date: June 22nd, 2018 2:44 PM
Author: violent indecent dragon

Bros, what would you do for a client with a 400k loss case but which would need to be filed in state court? I offered the client 35% contingency if he pays all costs/expenses or 40% if i advance all costs/expenses and they are recovered upon any settlement. He countered and said he would only be ok with a 40% contingency fee which would INCLUDE reimbursement of my costs/expenses. I told him that's not how it works, and he needs to understand that my reimbursement of fees/costs has to be a separate deduction from the settlement amount (from the contingency). and now we're at an impasse. he's a pain in the ass to deal with, but he has a pretty good case here.

maybe i agree to rep him to the extent we can resolve the matter pre-filing. and take 40% including all costs, which would be very minimal if pre-court filing.

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291759)



Reply Favorite

Date: June 22nd, 2018 2:49 PM
Author: violent indecent dragon



(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291794)



Reply Favorite

Date: June 22nd, 2018 3:23 PM
Author: Curious well-lubricated candlestick maker

Summon: CSLG

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36292000)



Reply Favorite

Date: June 22nd, 2018 7:47 PM
Author: violent indecent dragon

thoughts?

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36293545)



Reply Favorite

Date: June 27th, 2018 11:49 PM
Author: scarlet stage



(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36325600)



Reply Favorite

Date: June 27th, 2018 11:49 PM
Author: violent indecent dragon

i took the client. but i didnt budge and he accepted 40% contingency plus i get reimbursed for costs/expenses.

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36325607)



Reply Favorite

Date: June 27th, 2018 11:50 PM
Author: scarlet stage



(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36325615)



Reply Favorite

Date: June 27th, 2018 11:51 PM
Author: violent indecent dragon

no, been too pussy to ask for one. but i'll take the risk because he is a very sympathetic plaintiff and i think i can push this one to resolution without too much costs.

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36325620)



Reply Favorite

Date: June 22nd, 2018 2:46 PM
Author: alcoholic honey-headed potus

180

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291772)



Reply Favorite

Date: June 22nd, 2018 3:20 PM
Author: Provocative Area Indirect Expression

Good shit, dude. Welcome

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36291972)



Reply Favorite

Date: June 22nd, 2018 3:39 PM
Author: Curious well-lubricated candlestick maker



(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36292133)



Reply Favorite

Date: June 22nd, 2018 3:42 PM
Author: olive digit ratio

Referrals from other biglawyers?

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36292159)



Reply Favorite

Date: June 22nd, 2018 3:54 PM
Author: violent indecent dragon

no. solo friends of mine

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36292265)



Reply Favorite

Date: June 22nd, 2018 3:54 PM
Author: Spruce exciting mood macaca

180

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36292263)



Reply Favorite

Date: June 22nd, 2018 7:44 PM
Author: violent indecent dragon



(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36293529)



Reply Favorite

Date: June 27th, 2018 11:42 PM
Author: violent indecent dragon



(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36325567)



Reply Favorite

Date: June 27th, 2018 11:57 PM
Author: alcoholic honey-headed potus

180

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36325657)



Reply Favorite

Date: June 27th, 2018 11:48 PM
Author: mahogany love of her life

180 brother

(http://www.autoadmit.com/thread.php?thread_id=4008092&forum_id=2#36325596)