The Good and the Bad of Solo Practice, Per Clio’s Latest Legal Trends Report for Solos — from lawnext.com by Bob Ambrogi
Excerpt:
As a solo myself, I can tell you that there is much to be said for practicing on your own – freedom and independence not least among them. In fact, during 2022’s “Great Resignation,” a third of lawyers who quit their jobs did so to start their own solo practices, according to Legal Trends for Solo Law Firms, a report published today by law practice management company Clio.
But there are also disadvantages to practicing alone and challenges unique to solo lawyers, as this latest report documents.