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Solo, 3 weeks in, taking questions

Docket: 11 cases, vast majority contingency, largely referra...
Cheese-eating Arrogant Orchestra Pit
  06/22/18
gj
supple khaki heaven headpube
  06/22/18
all PI? pre-solo background?
lime nubile regret set
  06/22/18
PI, biz disputes formerly biglaw
Cheese-eating Arrogant Orchestra Pit
  06/22/18
biglaw lit? how long?
lime nubile regret set
  06/22/18
pseudo biglaw, maybe midlaw... 6 years
Cheese-eating Arrogant Orchestra Pit
  06/22/18
but lit? that's more the point i was asking about
lime nubile regret set
  06/22/18
yes. i couldnt imagine doing what im doing now without being...
Cheese-eating Arrogant Orchestra Pit
  06/22/18
*kills self*
lime nubile regret set
  06/22/18
U a tranny bro thinking of going solo?
Ebony hyperventilating telephone mad cow disease
  06/22/18
yup. have an inhouse do nothing 'dream' job of 10-5 and im ...
lime nubile regret set
  06/22/18
Yeah same here. Seriously starting to think that Inhouse is ...
Ebony hyperventilating telephone mad cow disease
  06/22/18
ofs
lime nubile regret set
  06/22/18
Now do a 5 year projection based on your three weeks
autistic native
  06/22/18
what's your monthly burn?
mewling floppy depressive parlor
  06/22/18
<$1,000, maybe even <$500. i work from home, meet clie...
Cheese-eating Arrogant Orchestra Pit
  06/22/18
Good work, brother. As I poasted recently, I'm looking at le...
carnelian love of her life sound barrier
  06/22/18
Agree. And i literally work in shorts and a tshirt from my h...
Cheese-eating Arrogant Orchestra Pit
  06/22/18
18000000
adventurous station newt
  06/22/18
...
indecent scarlet dopamine rehab
  06/22/18
how in the fuck did you sign up $50K in cases, file them, an...
self-centered walnut university boiling water
  06/22/18
...
Ebony hyperventilating telephone mad cow disease
  06/22/18
the 16k in revenue is for flat-fee work and earned upon rece...
Cheese-eating Arrogant Orchestra Pit
  06/22/18
Bros, what would you do for a client with a 400k loss case b...
Cheese-eating Arrogant Orchestra Pit
  06/22/18
...
Cheese-eating Arrogant Orchestra Pit
  06/22/18
Summon: CSLG
internet-worthy hot stead
  06/22/18
thoughts?
Cheese-eating Arrogant Orchestra Pit
  06/22/18
...
maniacal lilac field
  06/27/18
i took the client. but i didnt budge and he accepted 40% con...
Cheese-eating Arrogant Orchestra Pit
  06/27/18
...
maniacal lilac field
  06/27/18
no, been too pussy to ask for one. but i'll take the risk b...
Cheese-eating Arrogant Orchestra Pit
  06/27/18
180
indecent scarlet dopamine rehab
  06/22/18
Good shit, dude. Welcome
Brass Nighttime Range
  06/22/18
...
internet-worthy hot stead
  06/22/18
Referrals from other biglawyers?
Spectacular school
  06/22/18
no. solo friends of mine
Cheese-eating Arrogant Orchestra Pit
  06/22/18
180
startled federal main people box office
  06/22/18
...
Cheese-eating Arrogant Orchestra Pit
  06/22/18
...
Cheese-eating Arrogant Orchestra Pit
  06/27/18
180
indecent scarlet dopamine rehab
  06/27/18
180 brother
cyan public bath people who are hurt
  06/27/18


Poast new message in this thread



Reply Favorite

Date: June 22nd, 2018 1:33 PM
Author: Cheese-eating Arrogant Orchestra Pit

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: supple khaki heaven headpube

gj

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



Reply Favorite

Date: June 22nd, 2018 1:43 PM
Author: lime nubile regret set

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: Cheese-eating Arrogant Orchestra Pit

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: lime nubile regret set

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: Cheese-eating Arrogant Orchestra Pit

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: lime nubile regret set

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: Cheese-eating Arrogant Orchestra Pit

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: lime nubile regret set

*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: Ebony hyperventilating telephone mad cow disease

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: lime nubile regret set

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: Ebony hyperventilating telephone mad cow disease

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: lime nubile regret set

ofs

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



Reply Favorite

Date: June 22nd, 2018 1:44 PM
Author: autistic native

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: mewling floppy depressive parlor

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: Cheese-eating Arrogant Orchestra Pit

<$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: carnelian love of her life sound barrier

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: Cheese-eating Arrogant Orchestra Pit

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: adventurous station newt

18000000

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



Reply Favorite

Date: June 22nd, 2018 3:22 PM
Author: indecent scarlet dopamine rehab



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



Reply Favorite

Date: June 22nd, 2018 2:41 PM
Author: self-centered walnut university boiling water

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: Ebony hyperventilating telephone mad cow disease



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



Reply Favorite

Date: June 22nd, 2018 2:44 PM
Author: Cheese-eating Arrogant Orchestra Pit

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: Cheese-eating Arrogant Orchestra Pit

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: Cheese-eating Arrogant Orchestra Pit



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



Reply Favorite

Date: June 22nd, 2018 3:23 PM
Author: internet-worthy hot stead

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: Cheese-eating Arrogant Orchestra Pit

thoughts?

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



Reply Favorite

Date: June 27th, 2018 11:49 PM
Author: maniacal lilac field



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



Reply Favorite

Date: June 27th, 2018 11:49 PM
Author: Cheese-eating Arrogant Orchestra Pit

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: maniacal lilac field



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



Reply Favorite

Date: June 27th, 2018 11:51 PM
Author: Cheese-eating Arrogant Orchestra Pit

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: indecent scarlet dopamine rehab

180

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



Reply Favorite

Date: June 22nd, 2018 3:20 PM
Author: Brass Nighttime Range

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: internet-worthy hot stead



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



Reply Favorite

Date: June 22nd, 2018 3:42 PM
Author: Spectacular school

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: Cheese-eating Arrogant Orchestra Pit

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: startled federal main people box office

180

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



Reply Favorite

Date: June 22nd, 2018 7:44 PM
Author: Cheese-eating Arrogant Orchestra Pit



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



Reply Favorite

Date: June 27th, 2018 11:42 PM
Author: Cheese-eating Arrogant Orchestra Pit



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



Reply Favorite

Date: June 27th, 2018 11:57 PM
Author: indecent scarlet dopamine rehab

180

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



Reply Favorite

Date: June 27th, 2018 11:48 PM
Author: cyan public bath people who are hurt

180 brother

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