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Comments

Andrew Flusche

Well said, Chuck!

I hung my shingle and starting work from home after leaving my first post-law-school job. I certainly didn't have answers to lots of questions, but I figured them out along the way. Heck, I didn't even have a desk at home, but that was easy to remedy.

I don't foresee leaving my home office at any point. The "carpet commute," to use your words, is just too darn easy.

paul tomkins

Chuck,

I am headed to where you were pre-1998. I left a "big law" firm three years ago to open my own shop. Driven primarily by the fear of failure, I "invested" thousands in marketing, building "infa-structure" etc. and took on hundreds of new cases per year. The increases in my revenue were rivaled only by greater increases in expenses and loss of time with family. For a solo in upstate NY, billing 300k/year is a great feat -- unless you spend more than 200k/year in order to do so. Deduct health insurance, "self employment" taxes and retirement, and I would likely be further ahead making 50K as a public defender.

With some diligent number crunching, I have determined that 70+% of my revenue is earned using 30% of my "billable time". I now know what needs to be done. My lease is up in July. My staff will find new pursuits. I am in the market for a moving truck rental.

Thank you for the continued inspiration. I will keep you posted.

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