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How to Start a Successful
Small Law Firm
In under 30 days 	
  
with John Corcoran, Esq.
	
  
My Mission: Help you to earn
more income by building sincere,
honest relationships with people
who matter by giving first…
What’s your mission?
Who are you passionate about
serving?
I’m going to walk you through
how I did it…
What it took to go from miserably
unhappy lawyer working
for a law firm I didn’t like
To founding my own small law firm
that brought in over $500,000 in
under 3 years
That I can run from
my laptop anywhere
with an Internet
connection
After I had never built a business
before and had no clue how to
land clients
Only a few years out
of law school
Not having the “experience”
to be a successful
attorney…
With over $127,000 in
law school debt
On today’s training I’m going to walk you through
how you can do this as well
… and do it in the next 30 days
No matter what area
of law you practice,
where in the world you
practice, and even if
you’ve never landed a
client before…
Even if you don’t know what practice
area to focus on, or if you are struggling
to increase your revenues
1.  Shocking statistics from the Legal Profession
2.  My Story
3.  Examples of Other Small Firm Lawyers Making 6
Figures a Year
4.  How to Make $10,000 in your 1st Month
5.  5 Steps to Launch a Successful Small Law Firm in
30 days
6.  Explain my course to help you launch your own
small law firm
7.  Q&A at the end
Agenda
	
  
First I want to
share some
information on the
state of the legal
profession
Warning: it’s a little bleak
A Johns Hopkins
study found
lawyers have the
highest rate of
depression of any
profession
Lawyers are 2X as
likely to struggle with
alcohol abuse as
general population
Lawyers are 3 to
6 times more
likely to kill
themselves than
people in other
professions
But here’s the good news…
Lawyers who work for
themselves or in small firms are
MUCH happier than lawyers
working in large firms
Only half of attorneys who join large
law firms out of law school are likely to
be practicing law in 10 years
85% of the attorneys who join small
law firms are likely to still be practicing
in 10 years
New software
companies and
startups have
revolutionized the
legal profession
Don’t start a new
profession…
START WORKING
FOR YOURSELF.
It’s easier than
ever to start
your own law
firm quickly
More good news:
Approximately 70% of the
lawyers in private practice in the
U.S. are in firms of 10 or fewer
lawyers
Nearly 50% of U.S. lawyers in
private practice are sole
practitioners. - ABA
BUILDING STRONG RELATIONSHIPS
with the right people is the #1 thing you can do
to be successful in business – yes, even running a law
firm business.
	
  
I paid my dues,
working for other law
firms, learning how
to be a lawyer.
I was working my butt off,
60+ hour weeks
I was
miserable.
I didn’t see my family.
I hated it. I was
constantly complaining.
I had no control over the work I
did or the clients I was working
with.
I desperately wanted to work
for myself, to run my own firm.
I wanted to choose my
own clients and run my
firm my way.
Then my friend Riley
asked me a
question…
“Are you going to be unhappy
the rest of your life or are you
going to take a chance?”
So I decided to
take a leap –
to start my
own firm.
I opened my doors
and was afraid I
would have nothing
to do.
My first month, I made over 3X
what I made at my previous
firm.
In under 3 years,
I made over $500,000.
I had the freedom I always
wanted to run the firm how I
wanted, wherever I wanted.
Small law firms and sole
practitioners are going to continue
to do well in the 21st century for a
number of reasons.
Technology has made it
much easier to do work
previously only large
law firms could handle.
You can run a law
firm from a laptop in
a coffee shop.
During the economic downturn of
2008-2009, large law firms laid off
thousands of lawyers.
The Enterprise Legal Management
Trends Report noted that more
work is shifting from large law firms
to smaller law firms (2013)
This is why it’s the PERFECT
time for you to make the “LEAP”
and start your own law firm.
How to Make
$10,000 in your First
Month
$10,000	
   $250 	
  = 40 hours/month	
  
10 HOURS	
  
per week	
  
That’s just	
  
1-2 CLIENTS	
  
per week	
  
That’s just	
  
The 5-Step Process
for creating a Successful Small Law Firm
In 30 days
Step 1
Set Your
Launch Date
Step 1: Set your launch date
-  Work backwards from launch date to set “done by” dates
(i.e. Jan 1st start date)
-  Pick last date working at old firm (add 1-2 week buffer
before starting new firm)
-  Pick “14-day notice” date
-  Select date to inform everyone of new contact info (i.e. 7
days prior to last date at old firm)
-  Select deadlines for new office, new malpractice
insurance, new phone number, new website, new email
address, office supplies, discussions with clients,
discussions with referral partners
Step 2
Create Action
Plan
	
  
Step 2: Create Action Plan
-  Choose new Office Space
-  Select Malpractice insurance carrier
-  Identify Research & billing software
-  Form new entity
-  Set up new bank account
-  Create new LSA
-  Set up new website
-  Select dates to inform old clients, referral partners,
other attorneys, friends, etc.
Step 3
Choose
Your Tools
of the Trade
Step 3: Your Tools
-  Cell phone, email, fax line (optional)
-  Set up website/blog
-  Modify social media profiles: LinkedIn,
Avvo
-  Create Yelp profile, Google profile
-  Press release / notify publications
	
  
Step 4
Your Clients
Step 4: Your Clients
-  Before & after transition, set up lunches or
coffee with past clients, key referral
partners
-  Call your best clients
-  Create email list of all current and past
clients, referral partners
-  (Optional): create educational live webinar
or teleseminar after launch for past clients
	
  
Step 5
Time to
Launch!
	
  
Step 5: Time to Launch!
-  Your new office is set up
-  You have research tools in place
-  New email address & website working
-  Malpractice insurance is active
-  Clients and referral partners are informed
-  By the time you start, everything is in place
	
  
I want to ask
you an
important
question…
Are you going to be unhappy the
rest of your life or are you going
to take a chance?
Who are you passionate about serving?
How would you feel?
	
  
What would it
be like
if you could serve
that client over and over
again and make a
6-figure income doing it?
	
  
Once you identify your ideal clients & begin
serving them (removing the headaches of
practicing law), you will start earning the
income you deserve.
How to Launch and Grow Your
own Thriving Small Law Firm
	
  

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How to Start a Successful Law Firm in Under 30 Days

  • 1. How to Start a Successful Small Law Firm In under 30 days   with John Corcoran, Esq.  
  • 2. My Mission: Help you to earn more income by building sincere, honest relationships with people who matter by giving first…
  • 3. What’s your mission? Who are you passionate about serving?
  • 4. I’m going to walk you through how I did it…
  • 5. What it took to go from miserably unhappy lawyer working for a law firm I didn’t like
  • 6. To founding my own small law firm that brought in over $500,000 in under 3 years
  • 7. That I can run from my laptop anywhere with an Internet connection
  • 8. After I had never built a business before and had no clue how to land clients
  • 9. Only a few years out of law school
  • 10. Not having the “experience” to be a successful attorney…
  • 11. With over $127,000 in law school debt
  • 12. On today’s training I’m going to walk you through how you can do this as well … and do it in the next 30 days
  • 13. No matter what area of law you practice, where in the world you practice, and even if you’ve never landed a client before…
  • 14. Even if you don’t know what practice area to focus on, or if you are struggling to increase your revenues
  • 15. 1.  Shocking statistics from the Legal Profession 2.  My Story 3.  Examples of Other Small Firm Lawyers Making 6 Figures a Year 4.  How to Make $10,000 in your 1st Month 5.  5 Steps to Launch a Successful Small Law Firm in 30 days 6.  Explain my course to help you launch your own small law firm 7.  Q&A at the end Agenda  
  • 16. First I want to share some information on the state of the legal profession
  • 17. Warning: it’s a little bleak
  • 18. A Johns Hopkins study found lawyers have the highest rate of depression of any profession
  • 19. Lawyers are 2X as likely to struggle with alcohol abuse as general population
  • 20. Lawyers are 3 to 6 times more likely to kill themselves than people in other professions
  • 21. But here’s the good news…
  • 22. Lawyers who work for themselves or in small firms are MUCH happier than lawyers working in large firms
  • 23. Only half of attorneys who join large law firms out of law school are likely to be practicing law in 10 years 85% of the attorneys who join small law firms are likely to still be practicing in 10 years
  • 24. New software companies and startups have revolutionized the legal profession
  • 25. Don’t start a new profession… START WORKING FOR YOURSELF.
  • 26. It’s easier than ever to start your own law firm quickly
  • 27. More good news: Approximately 70% of the lawyers in private practice in the U.S. are in firms of 10 or fewer lawyers
  • 28. Nearly 50% of U.S. lawyers in private practice are sole practitioners. - ABA
  • 29. BUILDING STRONG RELATIONSHIPS with the right people is the #1 thing you can do to be successful in business – yes, even running a law firm business.  
  • 30. I paid my dues, working for other law firms, learning how to be a lawyer.
  • 31. I was working my butt off, 60+ hour weeks
  • 33. I didn’t see my family. I hated it. I was constantly complaining.
  • 34. I had no control over the work I did or the clients I was working with.
  • 35. I desperately wanted to work for myself, to run my own firm. I wanted to choose my own clients and run my firm my way.
  • 36. Then my friend Riley asked me a question…
  • 37. “Are you going to be unhappy the rest of your life or are you going to take a chance?”
  • 38. So I decided to take a leap – to start my own firm.
  • 39. I opened my doors and was afraid I would have nothing to do.
  • 40. My first month, I made over 3X what I made at my previous firm.
  • 41. In under 3 years, I made over $500,000.
  • 42. I had the freedom I always wanted to run the firm how I wanted, wherever I wanted.
  • 43.
  • 44. Small law firms and sole practitioners are going to continue to do well in the 21st century for a number of reasons.
  • 45. Technology has made it much easier to do work previously only large law firms could handle.
  • 46. You can run a law firm from a laptop in a coffee shop.
  • 47. During the economic downturn of 2008-2009, large law firms laid off thousands of lawyers.
  • 48.
  • 49. The Enterprise Legal Management Trends Report noted that more work is shifting from large law firms to smaller law firms (2013)
  • 50. This is why it’s the PERFECT time for you to make the “LEAP” and start your own law firm.
  • 51. How to Make $10,000 in your First Month
  • 52. $10,000   $250  = 40 hours/month  
  • 53. 10 HOURS   per week   That’s just  
  • 54. 1-2 CLIENTS   per week   That’s just  
  • 55. The 5-Step Process for creating a Successful Small Law Firm In 30 days
  • 57. Step 1: Set your launch date -  Work backwards from launch date to set “done by” dates (i.e. Jan 1st start date) -  Pick last date working at old firm (add 1-2 week buffer before starting new firm) -  Pick “14-day notice” date -  Select date to inform everyone of new contact info (i.e. 7 days prior to last date at old firm) -  Select deadlines for new office, new malpractice insurance, new phone number, new website, new email address, office supplies, discussions with clients, discussions with referral partners
  • 59. Step 2: Create Action Plan -  Choose new Office Space -  Select Malpractice insurance carrier -  Identify Research & billing software -  Form new entity -  Set up new bank account -  Create new LSA -  Set up new website -  Select dates to inform old clients, referral partners, other attorneys, friends, etc.
  • 61. Step 3: Your Tools -  Cell phone, email, fax line (optional) -  Set up website/blog -  Modify social media profiles: LinkedIn, Avvo -  Create Yelp profile, Google profile -  Press release / notify publications  
  • 63. Step 4: Your Clients -  Before & after transition, set up lunches or coffee with past clients, key referral partners -  Call your best clients -  Create email list of all current and past clients, referral partners -  (Optional): create educational live webinar or teleseminar after launch for past clients  
  • 65. Step 5: Time to Launch! -  Your new office is set up -  You have research tools in place -  New email address & website working -  Malpractice insurance is active -  Clients and referral partners are informed -  By the time you start, everything is in place  
  • 66. I want to ask you an important question…
  • 67. Are you going to be unhappy the rest of your life or are you going to take a chance?
  • 68. Who are you passionate about serving?
  • 69. How would you feel?   What would it be like if you could serve that client over and over again and make a 6-figure income doing it?  
  • 70. Once you identify your ideal clients & begin serving them (removing the headaches of practicing law), you will start earning the income you deserve.
  • 71. How to Launch and Grow Your own Thriving Small Law Firm