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Working as a Freelance Lawyer alternative career options for in house lawyers.

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Presentation on theme: "Working as a Freelance Lawyer alternative career options for in house lawyers."— Presentation transcript:

1 Working as a Freelance Lawyer alternative career options for in house lawyers

2 Working as a Freelance Lawyer alternative career options for in house lawyers The law The money The money (and the power) The non-lawyers The searching The depression The inspiration The new business The marketing The revenue streams The resources The benefits and costs The other people doing interesting things The beginning

3 The law

4 A quarter of all lawyers want to get out of the law 1 1. The Lawyer, 2 July The law

5 A quarter of all lawyers want to get out of the law 1 A third of all 6 to 10 PQE lawyers want out 2 1. The Lawyer, 2 July The Lawyer, 2 July The law

6 A quarter of all lawyers want to get out of the law 1 A third of all 6 to 10 PQE lawyers want out 2 55% of lawyers are unhappy with their current job 3 1. The Lawyer, 2 July The Lawyer, 2 July SEEK, 27 October The law

7 A quarter of all lawyers want to get out of the law 1 A third of all 6 to 10 PQE lawyers want out 2 55% of lawyers are unhappy with their current job 3 1. The Lawyer, 2 July The Lawyer, 2 July SEEK, 27 October Times Online, 2 July $4$4 The law

8 The money

9 25% of lawyers earn less than $50,000 pa 5 5. The Law Report, 25 March The money

10 25% of lawyers earn less than $50,000 pa 5 50% of lawyers earn less than $75,000 pa 6 5. The Law Report, 25 March The Law Report, 25 March The money

11 25% of lawyers earn less than $50,000 pa 5 50% of lawyers earn less than $75,000 pa 6 15% of lawyers earn more than $115,000 pa 7 5. The Law Report, 25 March The Law Report, 25 March The Law Report, 25 March The money

12 The money (and the power)

13 8. The Financial Review, 14 November 2008 The money (and the power) 8

14 There are 200 companies in the S&P/ASX The Financial Review, 14 November ASX, The money (and the power) 8

15 There are 200 companies in the S&P/ASX200 9 ACLA has more than 3,000 members The Financial Review, 14 November ASX, 10 ACLA Annual Report 2009 The money (and the power) 8

16 The non-lawyers

17 73% of employees are actively looking for work Lawyers Weekly, 2 February employee-quot-mass-exodus-quot.aspx The non-lawyers

18 73% of employees are actively looking for work 11 22% are passively looking for work Lawyers Weekly, 2 February employee-quot-mass-exodus-quot.aspx 12. Lawyers Weekly, 2 February employee-quot-mass-exodus-quot.aspx The non-lawyers

19 73% of employees are actively looking for work 11 22% are passively looking for work 12 = 95% 11. Lawyers Weekly, 2 February employee-quot-mass-exodus-quot.aspx 12. Lawyers Weekly, 2 February employee-quot-mass-exodus-quot.aspx The non-lawyers

20 73% of employees are actively looking for work 11 22% are passively looking for work 12 = 95% Average Weekly Earnings = $1, pw Lawyers Weekly, 2 February employee-quot-mass-exodus-quot.aspx 12. Lawyers Weekly, 2 February employee-quot-mass-exodus-quot.aspx 13. ABS August The non-lawyers

21 73% of employees are actively looking for work 11 22% are passively looking for work 12 = 95% Average Weekly Earnings = $1, pw 13 Median income of writers (from writing) = $4,800 pa Lawyers Weekly, 2 February employee-quot-mass-exodus-quot.aspx 12. Lawyers Weekly, 2 February employee-quot-mass-exodus-quot.aspx 13. ABS August The non-lawyers

22 The searching

23 The depression

24 Lawyers experience the highest levels of depressive symptoms Beyond Blue, Winter The depression

25 Lawyers experience the highest levels of depressive symptoms 15 (followed by patent attorneys) Beyond Blue, Winter Beyond Blue, Winter The depression

26 Lawyers experience the highest levels of depressive symptoms 15 (followed by patent attorneys) 16 almost a third of lawyers reported using alcohol or other drugs Beyond Blue, Winter Beyond Blue, Winter Beyond Blue, Winter The depression

27 Lawyers experience the highest levels of depressive symptoms 15 (followed by patent attorneys) 16 almost a third of lawyers reported using alcohol or other drugs 17 to reduce or manage feelings of sadness and depression Beyond Blue, Winter Beyond Blue, Winter Beyond Blue, Winter Beyond Blue, Winter The depression

28

29 There's some method behind his madness, or is that the other way around? dB Magazine, 15 March 2006

30 The depression There's some method behind his madness, or is that the other way around? dB Magazine, 15 March 2006 …among the worst things I have ever seen The Advertiser, 26 February 2004

31 The inspiration 19. Robinson David A, Practicing Law Without Clients, American Bar Associated, Chicago,

32 a wholesale lawyer working for retail lawyers The inspiration Robinson David A, Practicing Law Without Clients, American Bar Associated, Chicago, 1996

33 a wholesale lawyer working for retail lawyers a freelance associate The inspiration Robinson David A, Practicing Law Without Clients, American Bar Associated, Chicago, 1996

34 a wholesale lawyer working for retail lawyers a freelance associate a ghostwriter The inspiration Robinson David A, Practicing Law Without Clients, American Bar Associated, Chicago, 1996

35 a wholesale lawyer working for retail lawyers a freelance associate a ghostwriter specialize The inspiration Robinson David A, Practicing Law Without Clients, American Bar Associated, Chicago, 1996

36 a wholesale lawyer working for retail lawyers a freelance associate a ghostwriter specialize The inspiration Robinson David A, Practicing Law Without Clients, American Bar Associated, Chicago, 1996

37 a wholesale lawyer working for retail lawyers a freelance associate a ghostwriter specialize The inspiration Robinson David A, Practicing Law Without Clients, American Bar Associated, Chicago, 1996

38 a wholesale lawyer working for retail lawyers a freelance associate a ghostwriter specialize The inspiration 19 F 19. Robinson David A, Practicing Law Without Clients, American Bar Associated, Chicago, 1996

39 a wholesale lawyer working for retail lawyers a freelance associate a ghostwriter specialize The inspiration Robinson David A, Practicing Law Without Clients, American Bar Associated, Chicago, 1996

40 a wholesale lawyer working for retail lawyers a freelance associate a ghostwriter specialize firm to firm focus The inspiration Robinson David A, Practicing Law Without Clients, American Bar Associated, Chicago, 1996

41 a wholesale lawyer working for retail lawyers a freelance associate a ghostwriter specialize firm to firm focus your clients are other lawyers The inspiration Robinson David A, Practicing Law Without Clients, American Bar Associated, Chicago, 1996

42 …every lawyer is your friend. Every lawyer is a potential customer. Every lawyer is someone you can help. Every lawyer you deal with on a direct basis is on your side, not against you. You rarely have hostile relations with other lawyers. In fact, you rarely have hostile relations with anyone. 20 The inspiration Robinson David A, Practicing Law Without Clients, American Bar Associated, Chicago, Robinson David A, Practicing Law Without Clients, American Bar Associated, Chicago, 1996, page 78

43 The new business

44 Sole Practitioner & Sole Trader The new business

45 Sole Practitioner & Sole Trader GPO Box The new business

46 Sole Practitioner & Sole Trader GPO Box Mobile The new business

47 Sole Practitioner & Sole Trader GPO Box Mobile Fax to The new business

48 Sole Practitioner & Sole Trader GPO Box Mobile Fax to The new business

49 Sole Practitioner & Sole Trader GPO Box Mobile Fax to Website The new business

50 Sole Practitioner & Sole Trader GPO Box Mobile Fax to Website Insurance – low fee earner The new business

51 Sole Practitioner & Sole Trader GPO Box Mobile Fax to Website Insurance – low fee earner Business plan – lawyers The new business

52 The revenue streams

53 locum contracts (in house) The revenue streams

54 locum contracts (in house) external lawyer (in house) The revenue streams

55 locum contracts (in house) external lawyer (in house) legal consultant (in house) The revenue streams

56 locum contracts (in house) external lawyer (in house) legal consultant (in house) locum contracts (community legal) The revenue streams

57 locum contracts (in house) external lawyer (in house) legal consultant (in house) locum contracts (community legal) direct clients (friends and friends of friends) The revenue streams

58 locum contracts (in house) external lawyer (in house) legal consultant (in house) locum contracts (community legal) direct clients (friends and friends of friends) drafting (small firms) The revenue streams

59 locum contracts (in house) external lawyer (in house) legal consultant (in house) locum contracts (community legal) direct clients (friends and friends of friends) drafting (small firms) direct clients (small businesses) The revenue streams

60 locum contracts (in house) external lawyer (in house) legal consultant (in house) locum contracts (community legal) direct clients (friends and friends of friends) drafting (small firms) direct clients (small businesses) micro locum contracts (in house) The revenue streams

61 locum contracts (in house) external lawyer (in house) legal consultant (in house) locum contracts (community legal) direct clients (friends and friends of friends) drafting (small firms) direct clients (small businesses) micro locum contracts (in house) locum contracts (small firms) The revenue streams

62 locum contracts (in house) external lawyer (in house) legal consultant (in house) locum contracts (community legal) direct clients (friends and friends of friends) drafting (small firms) direct clients (small businesses) micro locum contracts (in house) locum contracts (small firms) referral commissions (small firms) The revenue streams

63 locum contracts (in house) external lawyer (in house) legal consultant (in house) locum contracts (community legal) direct clients (friends and friends of friends) drafting (small firms) direct clients (small businesses) micro locum contracts (in house) locum contracts (small firms) referral commissions (small firms) writing (Law Society Journal) The revenue streams

64 locum contracts (in house) external lawyer (in house) legal consultant (in house) locum contracts (community legal) direct clients (friends and friends of friends) drafting (small firms) direct clients (small businesses) micro locum contracts (in house) locum contracts (small firms) referral commissions (small firms) writing (Law Society Journal) drafting precedents (via Smokeball) The revenue streams

65

66 The marketing

67

68

69 The resources

70 university ACLA & law society large law firms (take control of invite address) university & law society library The resources

71 university ACLA & law society large law firms (take control of invite address) university & law society library contractors – flexible, grateful and deferred payment law grads virtual typist virtual assistant The resources

72 university ACLA & law society large law firms (take control of invite address) university & law society library contractors – flexible, grateful and deferred payment law grads virtual typist virtual assistant national association of freelance legal professionals The resources

73 risk / reward The benefits and costs

74 risk / reward tax benefits The benefits and costs

75 risk / reward tax benefits risks are spread The benefits and costs

76 risk / reward tax benefits risks are spread self determination The benefits and costs

77 risk / reward tax benefits risks are spread self determination less lurching The benefits and costs

78 risk / reward tax benefits risks are spread self determination less lurching less office politics The benefits and costs

79 risk / reward tax benefits risks are spread self determination less lurching less office politics control resources The benefits and costs

80 risk / reward tax benefits risks are spread self determination less lurching less office politics control resources more engaged The benefits and costs

81 risk / reward tax benefits risks are spread self determination less lurching less office politics control resources more engaged more interested The benefits and costs

82 risk / reward tax benefits risks are spread self determination less lurching less office politics control resources more engaged more interested risk The benefits and costs

83 risk / reward tax benefits risks are spread self determination less lurching less office politics control resources more engaged more interested risk disconnection The benefits and costs

84 risk / reward tax benefits risks are spread self determination less lurching less office politics control resources more engaged more interested risk disconnection disrespect The benefits and costs

85 risk / reward tax benefits risks are spread self determination less lurching less office politics control resources more engaged more interested risk disconnection disrespect some tricky politics The benefits and costs

86 risk / reward tax benefits risks are spread self determination less lurching less office politics control resources more engaged more interested risk disconnection disrespect some tricky politics family and friends The benefits and costs

87 risk / reward tax benefits risks are spread self determination less lurching less office politics control resources more engaged more interested risk disconnection disrespect some tricky politics family and friends holidays The benefits and costs

88 risk / reward tax benefits risks are spread self determination less lurching less office politics control resources more engaged more interested risk disconnection disrespect some tricky politics family and friends holidays working harder The benefits and costs

89 risk / reward tax benefits risks are spread self determination less lurching less office politics control resources more engaged more interested risk disconnection disrespect some tricky politics family and friends holidays working harder always on the job The benefits and costs

90 risk / reward tax benefits risks are spread self determination less lurching less office politics control resources more engaged more interested risk disconnection disrespect some tricky politics family and friends holidays working harder always on the job ceiling The benefits and costs

91 The other people doing interesting things

92 Optim Legal The other people doing interesting things

93 Optim Legal Advent Legal The other people doing interesting things

94 Optim Legal Advent Legal Balance Legal The other people doing interesting things

95 Optim Legal Advent Legal Balance Legal Truman Hoyle The other people doing interesting things

96 Optim Legal Advent Legal Balance Legal Truman Hoyle Bespoke Law The other people doing interesting things

97 Optim Legal Advent Legal Balance Legal Truman Hoyle Bespoke Law Smokeball The other people doing interesting things

98 The beginning

99 a locum contract The beginning

100 a locum contract work part-time The beginning

101 a locum contract work part-time hang a shingle The beginning

102 a locum contract work part-time hang a shingle take control of your contacts ( , mobile) The beginning

103 a locum contract work part-time hang a shingle take control of your contacts ( , mobile) maintain a list of every lawyer you know The beginning

104 a locum contract work part-time hang a shingle take control of your contacts ( , mobile) maintain a list of every lawyer you know business plan The beginning

105 The end


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