Succeeding as a solo or small firm attorney means being not only a good lawyer, but also a savvy businessperson.
Former law school roommates Leah Goodman and Sue Wang were on vacation together in Greece when they got to talking about changing up their law practices. After more discussion, the two eventually decided to start their own firm together, one focused on client interaction and fairness and transparency in billing, with a particular emphasis on eliminating the billable hour.
For the first time in the six years since he opened his solo practice, Kevin Houchin sleeps through the night.
No more wondering how he’s going to pay the bills. Or if he is falling into the same downward spiral as before the bankruptcy. Or whether his firm will survive another year.
Houchin, whose practice is dedicated to advising creative people on the business side of things, said he owes it all to a gamble he made a year ago to switch from hourly to flat monthly billing.