Advice for Solo Practitioners
Law blogger Carolyn Elefant offers advice to lawyers thinking about hanging up their own shingles in Some FAQ on Solo Practice. In her post she answers a series of frequently asked questions about going solo. For instance, she discusses what you’ll need to start a solo law practice, advice on renting office space or working from home, etc.
One of the issues not mentioned is what legal structure a solo practitioner should use. Whether you’re working from home or renting office space, the limited liability company (LLC) will give you the best of all worlds. It’s no mystery why LLCs are the most popular business structure. You’ll get some of the best features of partnerships and corporations, but unlike a sole proprietorships, your personal assets are protected.
