Professional Liability Insurance SimplifiedKeeping Your Insurance Simple & Effective
Have Questions? Need Help? Call Us! 1-877-569-4111

Solo Practitioners: Click & Mortar vs. Brick & Mortar

June 14, 2013

According to the American Bar Association, solo practitioners make up 49% of all Private Practice firms in the United States (as of 2005). When an attorney decides to go Solo, there are two primary ways they tend to set up their practice. On one side of the coin, there is the traditional route: renting or purchasing office space in order to house your own practice. On the other side, some solo practitioners choose to run their entire practice from home. Running a practice from a home office cuts various overhead costs that would be present in a traditional office setting.

Though there are significant cost savings, there are also various problems that can stem from having a home office.

Finding New Clients

If you don???t have a solid client base before you start your Solo firm, it may be difficult to find them in a virtual office setting. Though it is true that marketing tools such as email marketing, social media, and online advertising are more powerful than ever, it definitely helps your practice???s credibility when there is a physical office listed as the address. Many virtual Law Firms have received bad publicity due to false advertising practices. You can read more about that in this article:

Blog of Legal Times: False Advertising

Client Meetings

If you choose to list your practice???s address as your home, you may encounter inconvenient or unannounced visits from clients. Client meetings require planning and access to readily available external meeting places. Many home office firms list a PO Box address for privacy purposes and pay a small fee to local companies in order to use their conference rooms.

Operating Expenses

Every solo practitioner has added duties and expenses that would not be present if they worked for a larger firm. However, there are a few that are unique to a practice run from home. It is likely that you, as the attorney, will be the only employee in the practice. In this instance, you must do all the billing, expenses, and reimbursements for your practice. The key to a successful solo practice is to make time for all of these additional duties while still maintaining a good relationship with your clients. There are a number of programs that can help combat these problems. For case management, a list of top-rated programs (compiled by the ABA) for solo practitioners and small firms can be found here:

ABA-Recommended Case Management Programs

Whether you choose Brick and Mortar or Click and Mortar, starting a solo practice is a difficult task. We hope these tips help you on your way to starting your own, or improving upon your existing practice.??If you are a small Firm or solo practitioner seeking Professional Liability Coverage, we are here for you! Please visit our website?? call (877) 569-4111 for a Quick, Free Quote. Our policy rates are extremely competitive and geared towards the needs of small Firms and solo practitioners. Don???t forget to Like us on??Facebook, Follow us on??Twitter, and, as always, follow this??WordPress Blog??for the latest news, tips, and guides for small firms and solo practitioners!

Protexure Lawyers /// Professional Liability Made Easy

“I found the Protexure representatives to be extremely professional, knowledgeable, and courteous. They found similar coverage for me for a substantial amount less than I had been paying. I have been pleased with Protexure’s service and would recommend it highly.”

- David M. Lipschutz, Esquire

Receiving a quote from Protexure Lawyers is made super easy by the quick response time of their team. The renewal process is different from what I have ever seen, they offer a mostly filled out application which made the process even easier for me!

- Eric Schwab - Woodbridge, NJ

It was a pleasure working with you, - you gave me the most competitive price, quick turn around and good follow-up.

- Howard S. Kavenow

My account representative was very helpful in assisting me to complete my application. He made me feel like my questions and my business were a priority to him.

- Kim Davis

When faced with a substantial increase from our existing malpractice carrier, we received the name Protexure Lawyers from a referral. On contact, they were not only very prompt in processing our application, but also responded to several coverage questions we had. So far, the service has been excellent.

- Law Office of Shriver, O'Neill & Thompson

Mr. Dixon contacted me many months ago and I told him I renew my policy in September and that it would be helpful to contact me in July or August of this year. He did that; he was very patient with me and assisted me with the application process. He was extremely prompt in replying to my inquiries. I had been with the same company for many years so I was reluctant to leave them. He made the transition quite simple. I am fortunate that he was the salesman who contacted me.

- Robert Lewin

Thanks. You guys got my business because (a) your price was great, and (b) you were responsive and on top of things (a number of insurers surprisingly were not).

- Scott Maxwell

I first came in contact with Ryan on a cold call. Usually I am dismissive of these types of calls, but Ryan was brief and to the point - no hard sell or over promising. In the end, I received a less expensive policy than others I researched. I guess not all cold calls are a bad thing.

- Steve Hunter

Ryan offered to compare my current insurance with what he and his company could offer. I took him up on this, and gave him my pertinent information. I did my own research, and discovered that his quote was lower and the carrier had an A rating. I contacted my existing agent to see if she could match the quote. I had been her customer for a number of years and thought that was fair. She was unable to match Ryan's offer.

- Steve Hunter

I discussed some minor differences in the policies with my account representative, and throughout the process, he was easy to reach and called me back promptly. I value this a great deal. In the end, it was clear to me that I would receive a less expensive policy than I currently have, with the same coverage and excellent customer service.

- Steve Hunter

Copyright © 2019 All Rights Reserved

Have A Question?

We are here to help! Fill out the form below and we will get back to you shortly.

You have Successfully Submitted your question!