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Solo, 3 weeks in, taking questions

Docket: 11 cases, vast majority contingency, largely referra...
trip pervert university
  06/22/18
gj
awkward menage
  06/22/18
all PI? pre-solo background?
electric rusted pocket flask nursing home
  06/22/18
PI, biz disputes formerly biglaw
trip pervert university
  06/22/18
biglaw lit? how long?
electric rusted pocket flask nursing home
  06/22/18
pseudo biglaw, maybe midlaw... 6 years
trip pervert university
  06/22/18
but lit? that's more the point i was asking about
electric rusted pocket flask nursing home
  06/22/18
yes. i couldnt imagine doing what im doing now without being...
trip pervert university
  06/22/18
*kills self*
electric rusted pocket flask nursing home
  06/22/18
U a tranny bro thinking of going solo?
sienna base
  06/22/18
yup. have an inhouse do nothing 'dream' job of 10-5 and im ...
electric rusted pocket flask nursing home
  06/22/18
Yeah same here. Seriously starting to think that Inhouse is ...
sienna base
  06/22/18
ofs
electric rusted pocket flask nursing home
  06/22/18
Now do a 5 year projection based on your three weeks
Aphrodisiac toaster
  06/22/18
what's your monthly burn?
titillating striped hyena theater stage
  06/22/18
<$1,000, maybe even <$500. i work from home, meet clie...
trip pervert university
  06/22/18
Good work, brother. As I poasted recently, I'm looking at le...
blue excitant trust fund
  06/22/18
Agree. And i literally work in shorts and a tshirt from my h...
trip pervert university
  06/22/18
18000000
onyx odious famous landscape painting partner
  06/22/18
...
Low-t Razzmatazz Affirmative Action Half-breed
  06/22/18
how in the fuck did you sign up $50K in cases, file them, an...
Appetizing crotch institution
  06/22/18
...
sienna base
  06/22/18
the 16k in revenue is for flat-fee work and earned upon rece...
trip pervert university
  06/22/18
Bros, what would you do for a client with a 400k loss case b...
trip pervert university
  06/22/18
...
trip pervert university
  06/22/18
Summon: CSLG
Big-titted Degenerate Gas Station
  06/22/18
thoughts?
trip pervert university
  06/22/18
...
Silver galvanic step-uncle's house mediation
  06/27/18
i took the client. but i didnt budge and he accepted 40% con...
trip pervert university
  06/27/18
...
Silver galvanic step-uncle's house mediation
  06/27/18
no, been too pussy to ask for one. but i'll take the risk b...
trip pervert university
  06/27/18
180
Low-t Razzmatazz Affirmative Action Half-breed
  06/22/18
Good shit, dude. Welcome
embarrassed to the bone weed whacker center
  06/22/18
...
Big-titted Degenerate Gas Station
  06/22/18
Referrals from other biglawyers?
useless fortuitous meteor
  06/22/18
no. solo friends of mine
trip pervert university
  06/22/18
180
Coral domesticated yarmulke principal's office
  06/22/18
...
trip pervert university
  06/22/18
...
trip pervert university
  06/27/18
180
Low-t Razzmatazz Affirmative Action Half-breed
  06/27/18
180 brother
floppy friendly grandma bawdyhouse
  06/27/18


Poast new message in this thread



Reply Favorite

Date: June 22nd, 2018 1:33 PM
Author: trip pervert university

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: awkward menage

gj

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



Reply Favorite

Date: June 22nd, 2018 1:43 PM
Author: electric rusted pocket flask nursing home

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: trip pervert university

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: electric rusted pocket flask nursing home

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: trip pervert university

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: electric rusted pocket flask nursing home

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: trip pervert university

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: electric rusted pocket flask nursing home

*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: sienna base

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: electric rusted pocket flask nursing home

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: sienna base

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: electric rusted pocket flask nursing home

ofs

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



Reply Favorite

Date: June 22nd, 2018 1:44 PM
Author: Aphrodisiac toaster

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: titillating striped hyena theater stage

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: trip pervert university

<$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: blue excitant trust fund

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: trip pervert university

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: onyx odious famous landscape painting partner

18000000

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



Reply Favorite

Date: June 22nd, 2018 3:22 PM
Author: Low-t Razzmatazz Affirmative Action Half-breed



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



Reply Favorite

Date: June 22nd, 2018 2:41 PM
Author: Appetizing crotch institution

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: sienna base



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



Reply Favorite

Date: June 22nd, 2018 2:44 PM
Author: trip pervert university

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: trip pervert university

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: trip pervert university



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



Reply Favorite

Date: June 22nd, 2018 3:23 PM
Author: Big-titted Degenerate Gas Station

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: trip pervert university

thoughts?

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



Reply Favorite

Date: June 27th, 2018 11:49 PM
Author: Silver galvanic step-uncle's house mediation



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



Reply Favorite

Date: June 27th, 2018 11:49 PM
Author: trip pervert university

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: Silver galvanic step-uncle's house mediation



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



Reply Favorite

Date: June 27th, 2018 11:51 PM
Author: trip pervert university

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: Low-t Razzmatazz Affirmative Action Half-breed

180

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



Reply Favorite

Date: June 22nd, 2018 3:20 PM
Author: embarrassed to the bone weed whacker center

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: Big-titted Degenerate Gas Station



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



Reply Favorite

Date: June 22nd, 2018 3:42 PM
Author: useless fortuitous meteor

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: trip pervert university

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: Coral domesticated yarmulke principal's office

180

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



Reply Favorite

Date: June 22nd, 2018 7:44 PM
Author: trip pervert university



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



Reply Favorite

Date: June 27th, 2018 11:42 PM
Author: trip pervert university



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



Reply Favorite

Date: June 27th, 2018 11:57 PM
Author: Low-t Razzmatazz Affirmative Action Half-breed

180

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



Reply Favorite

Date: June 27th, 2018 11:48 PM
Author: floppy friendly grandma bawdyhouse

180 brother

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