Starting a Practice in New York (2014)
CLE Online Video Replay
7.5 MCLE Credits: 5.0 Professional Practice; 2.5 Ethics
NYSBA Member: $150 | Non-Member: $250
Wednesday, August 13, 2014 | 9:00 a.m. - 4:30 p.m.
Real Time Q & A with Cliff Ennico, Esq. 4:30 p.m. - 5:00 p.m.
Are you considering opening your own firm? Are you a recent law school graduate just starting out? Are you considering leaving your place of employment and starting your own practice? The New York State Bar Association Law Practice Management Committee is pleased to present an MCLE program on Starting a Practice in New York.
This full-day program will provide an overview of what it takes to own your own practice. From choosing a business entity to choosing office space and attracting new clients, this program will provide practical and useful tips for starting a practice in New York.
Focusing on solo practice, this year's program topics include: setting up bank accounts; general accounting information; tax concerns; setting up IOLA accounts; client retainer agreements and intake forms; collecting payments; leaving your old firm; handling referral business; the ethical issues of using the Internet to market your practice; social media considerations; increasing your list of contacts; and much more.
Starting Your Own Law Practice: The Basics
· Your Business Plan (Yes You Need One)
· Choosing a Legal Entity
· Home Office or Rented Space?
· Your Office Equipment and Technology
Insurance Considerations - Protecting Your Practice
Getting Beyond “Everything That Comes In the Door”
What Type of Law Should You Practice?
Choosing the Right Legal Specialty (or Specialties) in a Tough Market
· Identifying Practice Areas with Growth Potential
· Doing “What’s Not Being Done”
· Letting the Market Tell You Who You Are
· When the Client, Not the Practice Area, is the “Specialty”
Maximizing Your Marketing | Turning Basic Business Cards, Letterhead and Websites into Marketing Statements
Get the Clients and Cases You Want
· Finding Clients
· Exploiting Your Small Size to Get the Clients and Cases You Want
· Practice and Time Management: Do it Right or Die
· Coordinating With Co-Counsel to Build Your Practice
· Special Pitfalls of Litigation to Avoid
Managing and Organizing Your Practice
• Beyond the Solo Practice
• When Should You Hire Your First Associate, Paralegal, or Administrator?
• Human Resource Issues (Payroll, Insurance, General Accounting)
• Technology: Maximizing Efficiency
• Practice Management Software
• Engagement Letters
• Office Policies
• Procedure Memos and Templates
• Emergency Preparedness
Becoming a “Bathrobe Lawyer” | How to Build a Successful Solo Practice Out of a Home Office
· Can You/Should You Work Out of Your Home?
· Setting Up Your Home Office
· Marketing, Managing and Growing Your Home-Based Practice
· Time Management for the Home-Based Lawyer
· Dealing with Temptations, Interruptions and “Sidetracks”
· Legal and Tax Issues for the Home-Based Lawyer
Critical Issues and Ethical Considerations for the Solo Practitioner
· When You Are “More Than a Lawyer”: Conflicts of Interest in the Real World
· Working for Chickens: Investing in Clients and Other Nontraditional Forms of Payment
· What Exactly is the “Practice of Law” and When Is It “Unauthorized”?
· Partnering with Nonlawyers: the Do’s and Don’t’s
· Representing Family Members, Business Partners and Other Multiple Clients
· When Clients Cross State Lines: Doing Legal Work in Jurisdictions Other Than New York
· “Reader, Advisor, Barista, Attorney at Law”: Combining a Law Practice with Other Sources of Income