Launching a Successful Solo Law Firm: Expert Tips for Choosing the Best Practice Area

Description

• Harrison discusses the two types of attorneys: transactional and litigation.
• Transactional attorneys excel in math and science, while litigation attorneys are more interested in history and English.
• Starting your own law firm requires attracting clients, and relying solely on commercial litigation for big companies is not advisable.
• Litigation attorneys can specialize in fields like fem law and personal injury.
• Transactional attorneys can focus on areas such as Trust and Estates, immigration, and bankruptcy.
• Success in a specific practice area is achievable if you are enthusiastic about it. Other types of litigation exist beyond the mentioned examples.

Transcript

Transcript:

You have two types of things. You're either a transactional attorney or a litigation-type attorney. So transactional means that things like math and science excite you, and that's, or that's, what you gravitate towards. That's what you do best. A litigation-type attorney is probably more excited by things like history and English. Still, if you want to start your own, Firm my advice would be the only way to get clients. You'll need more time to start your Firm doing commercial litigation and expect large companies to come to you for help.

That's a dead-end man. That's a dumb thing. So if you're litigation, you do things like fem law, personal injury, etc. If you want to do transactional, you can do things like, Trust in the States, immigration, bankruptcy, etc. These are some of the practice areas you can do. I see people doing these all the time as fellows, and if you like the practice area and are enthusiastic about it, you can do very well.

So I recommend that if you want, and there are other types of litigation too, but that's, those are some examples of that.