Starting a Law Firm – Ideas About Office Space

When you first start your law firm, one of the first things you’ll note is that you’ll be writing a lot of checks. You’ll have to pay a lot of money. It will appear that there is much more money going out than coming in at first, and this will most likely be the case. As a result, one of the most important goals when starting out is to keep the operating costs as low as possible. That means you won’t be needing that Park Avenue corner office. You don’t have the customer base to warrant such an investment right now. With that in mind, here are some suggestions for “starter” office room, at least before you get your bearings.Learn more by visiting  The Siemon Law Firm 

1) The traditional workplace.

Traditional office space is the most freeing and appealing, but it is also the most costly. That isn’t to say that you can’t rent office space right away. The trick is to locate your office in a cost-effective spot. If you’re a litigator, for example, and you can get prime office space next to the courthouse (where anyone passing by can see your sign: “Law Office of Blankity Blank”), it could be worth it. Be sure to talk to other lawyers in the area who have offices near the courthouse to see how much business they get from walk-ins. Then decide if the risk is worthwhile.

2) Work from home.

The home office is the most cost-effective choice. Furthermore, the cost is one-time – once you’ve outfitted your home office with furniture and technology, you won’t have to spend any more money before anything breaks. Be mindful that certain specialty fields (such as criminal defence or family law) are not well suited to being practised from home. Others, on the other hand, fit well into the home’s warm atmosphere (e.g., elder law or estate planning), particularly if you’ll be meeting clients there. To keep work and home life apart and optimise efficiency, you’ll need to set up a separate office within your home.

3) Collaboration in the office.

Office sharing can be a fantastic alternative to working in a conventional office environment. Sharing an office with someone else provides a natural opportunity for referrals, but it is also more expensive than other choices. This is particularly valid if you’re sharing with other lawyers who work in various areas or non-attorneys. The expense can be justified by the referrals alone if you choose wisely. Before making any decisions, as with any other choice, do your research and consult with the people with whom you might share space.

4) Work from home.

The virtual office is a relatively recent phenomenon. The virtual office seems to have endless variations, but it is basically a place where you can communicate with customers, collect mail, and have your phone answered without being tied to an office room. A virtual office can also be much less expensive than conventional or even shared office space. It’s an excellent way to keep costs down while expanding the law practise and preserving the appearance of a well-established firm.