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Solo, 3 weeks in, taking questions

Docket: 11 cases, vast majority contingency, largely referra...
Supple aqua deer antler
  06/22/18
gj
Indigo know-it-all pocket flask
  06/22/18
all PI? pre-solo background?
Ocher infuriating gay wizard
  06/22/18
PI, biz disputes formerly biglaw
Supple aqua deer antler
  06/22/18
biglaw lit? how long?
Ocher infuriating gay wizard
  06/22/18
pseudo biglaw, maybe midlaw... 6 years
Supple aqua deer antler
  06/22/18
but lit? that's more the point i was asking about
Ocher infuriating gay wizard
  06/22/18
yes. i couldnt imagine doing what im doing now without being...
Supple aqua deer antler
  06/22/18
*kills self*
Ocher infuriating gay wizard
  06/22/18
U a tranny bro thinking of going solo?
pontificating drunken travel guidebook
  06/22/18
yup. have an inhouse do nothing 'dream' job of 10-5 and im ...
Ocher infuriating gay wizard
  06/22/18
Yeah same here. Seriously starting to think that Inhouse is ...
pontificating drunken travel guidebook
  06/22/18
ofs
Ocher infuriating gay wizard
  06/22/18
Now do a 5 year projection based on your three weeks
Umber Hairraiser Gaping Doctorate
  06/22/18
what's your monthly burn?
Pink Home Ceo
  06/22/18
<$1,000, maybe even <$500. i work from home, meet clie...
Supple aqua deer antler
  06/22/18
Good work, brother. As I poasted recently, I'm looking at le...
Irradiated Ape Station
  06/22/18
Agree. And i literally work in shorts and a tshirt from my h...
Supple aqua deer antler
  06/22/18
18000000
Slap-happy Ratface House
  06/22/18
...
Outnumbered Market
  06/22/18
how in the fuck did you sign up $50K in cases, file them, an...
Coral kitty stain
  06/22/18
...
pontificating drunken travel guidebook
  06/22/18
the 16k in revenue is for flat-fee work and earned upon rece...
Supple aqua deer antler
  06/22/18
Bros, what would you do for a client with a 400k loss case b...
Supple aqua deer antler
  06/22/18
...
Supple aqua deer antler
  06/22/18
Summon: CSLG
bisexual odious nursing home macaca
  06/22/18
thoughts?
Supple aqua deer antler
  06/22/18
...
Motley confused stead boiling water
  06/27/18
i took the client. but i didnt budge and he accepted 40% con...
Supple aqua deer antler
  06/27/18
...
Motley confused stead boiling water
  06/27/18
no, been too pussy to ask for one. but i'll take the risk b...
Supple aqua deer antler
  06/27/18
180
Outnumbered Market
  06/22/18
Good shit, dude. Welcome
Azure Idiotic Useless Brakes
  06/22/18
...
bisexual odious nursing home macaca
  06/22/18
Referrals from other biglawyers?
Titillating ultramarine meetinghouse party of the first part
  06/22/18
no. solo friends of mine
Supple aqua deer antler
  06/22/18
180
Angry stage cumskin
  06/22/18
...
Supple aqua deer antler
  06/22/18
...
Supple aqua deer antler
  06/27/18
180
Outnumbered Market
  06/27/18
180 brother
racy piazza headpube
  06/27/18


Poast new message in this thread



Reply Favorite

Date: June 22nd, 2018 1:33 PM
Author: Supple aqua deer antler

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: Indigo know-it-all pocket flask

gj

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



Reply Favorite

Date: June 22nd, 2018 1:43 PM
Author: Ocher infuriating gay wizard

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: Supple aqua deer antler

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: Ocher infuriating gay wizard

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: Supple aqua deer antler

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: Ocher infuriating gay wizard

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: Supple aqua deer antler

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: Ocher infuriating gay wizard

*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: pontificating drunken travel guidebook

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: Ocher infuriating gay wizard

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: pontificating drunken travel guidebook

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: Ocher infuriating gay wizard

ofs

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



Reply Favorite

Date: June 22nd, 2018 1:44 PM
Author: Umber Hairraiser Gaping Doctorate

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: Pink Home Ceo

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: Supple aqua deer antler

<$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: Irradiated Ape Station

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: Supple aqua deer antler

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: Slap-happy Ratface House

18000000

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



Reply Favorite

Date: June 22nd, 2018 3:22 PM
Author: Outnumbered Market



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



Reply Favorite

Date: June 22nd, 2018 2:41 PM
Author: Coral kitty stain

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: pontificating drunken travel guidebook



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



Reply Favorite

Date: June 22nd, 2018 2:44 PM
Author: Supple aqua deer antler

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: Supple aqua deer antler

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: Supple aqua deer antler



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



Reply Favorite

Date: June 22nd, 2018 3:23 PM
Author: bisexual odious nursing home macaca

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: Supple aqua deer antler

thoughts?

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



Reply Favorite

Date: June 27th, 2018 11:49 PM
Author: Motley confused stead boiling water



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



Reply Favorite

Date: June 27th, 2018 11:49 PM
Author: Supple aqua deer antler

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: Motley confused stead boiling water



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



Reply Favorite

Date: June 27th, 2018 11:51 PM
Author: Supple aqua deer antler

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: Outnumbered Market

180

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



Reply Favorite

Date: June 22nd, 2018 3:20 PM
Author: Azure Idiotic Useless Brakes

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: bisexual odious nursing home macaca



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



Reply Favorite

Date: June 22nd, 2018 3:42 PM
Author: Titillating ultramarine meetinghouse party of the first part

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: Supple aqua deer antler

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: Angry stage cumskin

180

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



Reply Favorite

Date: June 22nd, 2018 7:44 PM
Author: Supple aqua deer antler



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



Reply Favorite

Date: June 27th, 2018 11:42 PM
Author: Supple aqua deer antler



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



Reply Favorite

Date: June 27th, 2018 11:57 PM
Author: Outnumbered Market

180

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



Reply Favorite

Date: June 27th, 2018 11:48 PM
Author: racy piazza headpube

180 brother

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