Solo law firm lessons: cash flow, co-counsel and board game law

So just to start off, can you just tell me a little bit more about your law firm, what you specialize in, and who your clients are?

Sure.

We're more of a general service firm now, but I'm mostly known for representing lawyers.

So that's malpractice complaints, grievances, serving as outside counsel, but then I've got a full service firm.

We do most of everything except for family law and criminal law.

So that'll be business formation from or everything for business from formation to dissolution.

And when you first started out doing, being a server or a firm for lawyers specifically, what was kind of your motivation for serving that client base?

That is something that I really enjoy.

I like serving the profession.

I like other lawyers.

It's fun to represent people who do what they do, but I kind of got into that by accident.

Okay.

When I moved back here to Indiana, planned to be more of a commercial litigator, so business litigation.

But we had a partner who was leaving the firm.

And so I basically took over his practice and he'd been representing lawyers.

Bad thing was, is a lot of that was insurance rates.

So I did not make enough money to justify becoming a partner.

And they were happy to move that work to me.

When I opened my own firm, John Hoover was very kind and generous in that regard, helping me move that work to my new firm.