Tuesday, January 3, 2012

Building a Law Practice: "Get famous. Make contact. Repeat."

Mark Herrmann’s “Inside Straight: Building A Practice — A Case Study” at Above the Law. In the nearly six months that has passed since my last post, I’ve read a lot of blog posts, articles, and other resources, many of which will show up on these pages in the days and weeks to come. But when I read Herrmann’s post in mid-December, I knew right away I would use to kick off the new blogging season. Why? There are several reasons, actually, but here are just three:
  1. Because it describes specific steps Herrmann and his former colleagues took in their quest to build a drug and device product liability practice. It’s not vague advice of the tell-people-what-you-do-and-wait-for-them-to-hire-you variety, but rather “I wrote or co-authored three articles in 1998, seven in 1999, four in 2000, one in 2001, two in 2002, and five in 2003.” Big difference.
  2. Because building a practice – any practice – in a saturated, highly competitive legal market is hard to do. Really. Hard. To. Do. And Herrmann did it, building with his team an eight-figure practice over the course of ten years (with meaningful client work only coming in the last three of those years).
  3. Because the most important theme that you’ll take away from the post is easy to understand: building a practice is work. Hard work. Tiring Work. And a lot of it. But it’s the only thing that gets you from Point A to Point B.
Read the post. Lay out the steps for building your own practice, and get to work. And have a happy, healthy, and prosperous 2012.

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