Quote:
Originally Posted by DJ FC
If I got my law degree could I take over?
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Law license is the requirement. Then sure, there's no reason why you couldn't in theory. Not sure why you would want to. I'm sure you'd do a fine job at it. I'm also sure that once you figure out what it all entails, you'll realize that it wasn't necessary to take over anything. The rain always follows the rainmaker. You'd be mistaken to believe that any client is contractually obligated to remain with any firm or attorney for one second longer than they desire. There is no penalty for them to do that. You simply refund the unearned portion of their retainer and watch them walk out the door. Makes selling one of these things a bitch. Makes merging a bitch too when everyone knows the only value is in the book of business that's transported to the merger walks out right behind me. So you'd be taking over desks, chairs, filing cabinets, etc. and leases. If it works, and I'm sure you could make it work, it's because of what you did and had little to nothing to do with what you took over. You'll have to steal your own clients.
Disclosure: I have two very very big clients. Both are the benefit of nepotism. Everyone knows this. If you're really "determined" to take one of these over, get your license and give it a go. I'll help you out in the transition the best I can.