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Registered
Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
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I finally did it - Started my own practice
Well I finally did it. I resigned from my ever-so-secure job as in-house counsel for a big insurance company and am breaking out on my own. Today was my last day. I worked until 10 pm making sure files were put together enough that my wonderful (former) paralegal doesn't have too much work keeping everything together on Monday.
I'm dreaming of the big Twin Turbo X-50 Cab I'm going to buy with my first big fee. In the mean time I'm reduced to having more time to drive but being a little too anxious about money to break Baby out of mothballs for the season. Don't worry, I promise that she comes out by May 1 or else. She needs a new alternator and the yearly oil change and general tuneup. That will cost just a few bucks, but the missus is a little worried that if I bring Baby in for those little things I'll get all the things she really needs done. Like valves adjusted, a new second gear, new synchros in first, SSIs with a Euro premuf, chasing down that pesky vacuum leak, a new headliner, re-doing the dash in leather, big fat 17 inch tires . . . Oh what the heck, while we're at it, why not a 3.4 kit and Big Red brakes? Ok, so come May 1 she gets a rebuilt alternator, oil change and maybe a valve adjustment. Next year she gets the rest. If anyone has any litigation work in Minnesota or Wisconsin, send it to me. I can handle it all, PI, commercial, construction, products, you name it. Representative clients and published cases available upon request.
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MRM 1994 Carrera |
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Registered
Join Date: Jul 2004
Location: Los Angeles, CA
Posts: 668
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Congratulations. Fortune favors the daring.
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1984 RoW Cabriolet - GP White |
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Jan Schlichtmann (played by John Travolta in "A Civil Affair") lost his 911 by representing the plantiff in environmental law. So..stay away from environmental law.
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Light,Nimble,Uncivilized
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MRM,
Take the bull by the horns and kick 'em in the stones! Good luck to ya and congrats! Your now free.
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Drago '69 Coupe R #464 |
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Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
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Thanks guys. I have tried to learn something from Jan Schlichtmann's example. Hourly rate cases to pay the bills, contingency fee cases to take home money. I'll try never to bet the farm on one big case.
You think I can sponsor my own car for club racing and write it off as advertising expense?
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MRM 1994 Carrera |
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Detached Member
Join Date: May 2003
Location: southern California
Posts: 26,964
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Do that class action stuff, you know the ones where the lawyer gets millions and the "wrong" class get a 49 cent discount coupon good towards their next purchase. I get 1/2 a dozen of those things a year. I got one recently on a can of chili, or something like that were the manufacturer failed to show a picture of a serving suggestion on the can.
Seriously, good luck. I went out on my own a few years back as an Environmental, Health and Safety consultant, and made pretty good money, but the hours between hustling work, getting work, doing work and billing work, and doing it again and again as a sole practitioner were killing me. I have a corporate job now, and while I don't make as much, I have some security, benefits, etc., that make it worth it.
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Hugh Last edited by Hugh R; 04-16-2005 at 03:44 PM.. |
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19 years and 17k posts...
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Congrats! Good luck!!
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Art Zasadny 1974 Porsche 911 Targa "Helga" (Sold, back home in Germany) Learning the bass guitar Driving Ford company cars now... www.ford.com |
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MN
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Congrats Mike...looks like you'll be on more drives this summer. We hope to pick-up the 930 this friday...can't wait.
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87 930 Blk/Blk |
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Super Jenius
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Mike -- all the best!
I gave notice at my company last week, and the 29th will be my last day as a GC for a large vitamin/nutritional supplement company. Not wild about litigation, though, so who knows where I'll wind up or what I'll be doing. But I empathize with your motives and decision. JP
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2003 SuperCharged Frontier ../.. 1979 930 ../.. 1989 BMW 325iX ../.. 1988 BMW M5 ../.. 1973 BMW 2002 ../..1969 Alfa Boattail Spyder ../.. 1961 Morris Mini Cooper ../..2002 Aprilia RSV Mille ../.. 1985 Moto Guzzi LMIII cafe ../.. 2005 Kawasaki Brute Force 750 |
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Good Luck. I'm sure there's tons of VISA/MC PCI work out there for you.
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Warren & Ron, may you rest in Peace. |
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Targa, Panamera Turbo
Join Date: Aug 2004
Location: Houston TX
Posts: 22,366
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any pro bono? could trade counsel for wildly inaccurate advice and poor jokes.
did you go to Marquette? Had a college roomate who gradutaed in 87 from Marquette law.
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Michael D. Holloway https://simple.m.wikipedia.org/wiki/Michael_D._Holloway https://5thorderindustry.com/ https://www.amazon.com/s?k=michael+d+holloway&crid=3AWD8RUVY3E2F&sprefix= michael+d+holloway%2Caps%2C136&ref=nb_sb_noss_1 |
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Join Date: Jan 2005
Location: Minneapolis
Posts: 7,482
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Good luck
I live in the area and will gladly recommend E |
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I hung my shingle 7 years ago. I'm 35 now, and have never once looked back. I'm not a millionaire, but doing fairly well and having fun at the same time. I haven't realistically worked one weekend since. Just be around to answer your phone. If you aren't, they won't leave a message, and will call the next guy.
And, never co-mingle and always return your phone calls, especially the royal pains in the A$$. With that, you'll never get in trouble. Best of Luck,
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Jon '85 Targa (recently acquired by Coollx) '02 Carrera 4S (holy moly...I'm in heaven....in the snow too) '06 BMW 325i (gone and forgotten) '03 Honda Odyssey (more dings every day....thanks wifey) |
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Join Date: Jan 2002
Location: I'm out there.
Posts: 13,084
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Re: I finally did it - Started my own practice
Quote:
![]() Congratulations. (I think)
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My work here is nearly finished.
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Congratulations. I opened have my own four lawyer shop down here in FL (outside counsel for large insurance carrier). Lots of freedom and lots of headaches too. Good luck.
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********************** Bill Smoak What you've just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul! |
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