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Solo, 3 weeks in, taking questions

Docket: 11 cases, vast majority contingency, largely referra...
excitant famous landscape painting base
  06/22/18
gj
Bonkers Roommate Fat Ankles
  06/22/18
all PI? pre-solo background?
marvelous chapel corn cake
  06/22/18
PI, biz disputes formerly biglaw
excitant famous landscape painting base
  06/22/18
biglaw lit? how long?
marvelous chapel corn cake
  06/22/18
pseudo biglaw, maybe midlaw... 6 years
excitant famous landscape painting base
  06/22/18
but lit? that's more the point i was asking about
marvelous chapel corn cake
  06/22/18
yes. i couldnt imagine doing what im doing now without being...
excitant famous landscape painting base
  06/22/18
*kills self*
marvelous chapel corn cake
  06/22/18
U a tranny bro thinking of going solo?
histrionic know-it-all shrine dragon
  06/22/18
yup. have an inhouse do nothing 'dream' job of 10-5 and im ...
marvelous chapel corn cake
  06/22/18
Yeah same here. Seriously starting to think that Inhouse is ...
histrionic know-it-all shrine dragon
  06/22/18
ofs
marvelous chapel corn cake
  06/22/18
Now do a 5 year projection based on your three weeks
lascivious mustard mad cow disease
  06/22/18
what's your monthly burn?
Light library friendly grandma
  06/22/18
<$1,000, maybe even <$500. i work from home, meet clie...
excitant famous landscape painting base
  06/22/18
Good work, brother. As I poasted recently, I'm looking at le...
gay talented range
  06/22/18
Agree. And i literally work in shorts and a tshirt from my h...
excitant famous landscape painting base
  06/22/18
18000000
contagious salmon ratface
  06/22/18
...
motley emerald really tough guy
  06/22/18
how in the fuck did you sign up $50K in cases, file them, an...
Honey-headed trust fund university
  06/22/18
...
histrionic know-it-all shrine dragon
  06/22/18
the 16k in revenue is for flat-fee work and earned upon rece...
excitant famous landscape painting base
  06/22/18
Bros, what would you do for a client with a 400k loss case b...
excitant famous landscape painting base
  06/22/18
...
excitant famous landscape painting base
  06/22/18
Summon: CSLG
sexy cuckoldry casino
  06/22/18
thoughts?
excitant famous landscape painting base
  06/22/18
...
Sick ruddy theatre
  06/27/18
i took the client. but i didnt budge and he accepted 40% con...
excitant famous landscape painting base
  06/27/18
...
Sick ruddy theatre
  06/27/18
no, been too pussy to ask for one. but i'll take the risk b...
excitant famous landscape painting base
  06/27/18
180
motley emerald really tough guy
  06/22/18
Good shit, dude. Welcome
Ocher feces
  06/22/18
...
sexy cuckoldry casino
  06/22/18
Referrals from other biglawyers?
Insecure tattoo
  06/22/18
no. solo friends of mine
excitant famous landscape painting base
  06/22/18
180
Opaque trip fortuitous meteor hospital
  06/22/18
...
excitant famous landscape painting base
  06/22/18
...
excitant famous landscape painting base
  06/27/18
180
motley emerald really tough guy
  06/27/18
180 brother
Vibrant Mewling Meetinghouse Cuck
  06/27/18


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Reply Favorite

Date: June 22nd, 2018 1:33 PM
Author: excitant famous landscape painting base

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: Bonkers Roommate Fat Ankles

gj

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



Reply Favorite

Date: June 22nd, 2018 1:43 PM
Author: marvelous chapel corn cake

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: excitant famous landscape painting base

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: marvelous chapel corn cake

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: excitant famous landscape painting base

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: marvelous chapel corn cake

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: excitant famous landscape painting base

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: marvelous chapel corn cake

*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: histrionic know-it-all shrine dragon

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: marvelous chapel corn cake

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: histrionic know-it-all shrine dragon

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: marvelous chapel corn cake

ofs

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



Reply Favorite

Date: June 22nd, 2018 1:44 PM
Author: lascivious mustard mad cow disease

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: Light library friendly grandma

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: excitant famous landscape painting base

<$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: gay talented range

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: excitant famous landscape painting base

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: contagious salmon ratface

18000000

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



Reply Favorite

Date: June 22nd, 2018 3:22 PM
Author: motley emerald really tough guy



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



Reply Favorite

Date: June 22nd, 2018 2:41 PM
Author: Honey-headed trust fund university

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: histrionic know-it-all shrine dragon



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



Reply Favorite

Date: June 22nd, 2018 2:44 PM
Author: excitant famous landscape painting base

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: excitant famous landscape painting base

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: excitant famous landscape painting base



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



Reply Favorite

Date: June 22nd, 2018 3:23 PM
Author: sexy cuckoldry casino

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: excitant famous landscape painting base

thoughts?

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



Reply Favorite

Date: June 27th, 2018 11:49 PM
Author: Sick ruddy theatre



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



Reply Favorite

Date: June 27th, 2018 11:49 PM
Author: excitant famous landscape painting base

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: Sick ruddy theatre



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



Reply Favorite

Date: June 27th, 2018 11:51 PM
Author: excitant famous landscape painting base

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: motley emerald really tough guy

180

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



Reply Favorite

Date: June 22nd, 2018 3:20 PM
Author: Ocher feces

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: sexy cuckoldry casino



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



Reply Favorite

Date: June 22nd, 2018 3:42 PM
Author: Insecure tattoo

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: excitant famous landscape painting base

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: Opaque trip fortuitous meteor hospital

180

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



Reply Favorite

Date: June 22nd, 2018 7:44 PM
Author: excitant famous landscape painting base



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



Reply Favorite

Date: June 27th, 2018 11:42 PM
Author: excitant famous landscape painting base



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



Reply Favorite

Date: June 27th, 2018 11:57 PM
Author: motley emerald really tough guy

180

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



Reply Favorite

Date: June 27th, 2018 11:48 PM
Author: Vibrant Mewling Meetinghouse Cuck

180 brother

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