Friday, 21 March 2008

Sole practice is not forever

I came across a blog which others may find interesting too. It’s called My Shingle, (Inspiring Solos, Small Law Firms & Aspiring Solos Since 2002). There is one article which caught my attention in particular, discussing as it does the variety of reasons why people may be in small practices. The message is that sole practice doesn’t mean forever, and there are a host of reasons why someone may currently be in practice on their own. For example, some of us may be establishing a business and in it for the long haul, others may be in semi retirement, others still may be in transition of some sort. Read it here and why not comment to tell us why you are in sole practice at this point in your life?
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3 comments:

  1. Anonymous23 March 2008 at 03:35

    Thank you so much for this link to my site. I am eager to see how your site evolves. Here in the US, I know many solo IP practitioners. At the same time, malpractice premiums for IP work are frequently very high which can pose an unfair barrier to entry. I would be interested in learning more about how IP lawyers deal with malpractice insurance.

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  2. Filemot23 March 2008 at 12:10

    For those who are also Chartered patent attorneys or qualified ITMA members we are fortunate to have a mutual insurance association, PAMIA. Claims last year were up so life may get more difficult in times to come. The policy does not reach the gold - plated standard of the Solicitors Regulation Authority. Personally I have in my terms and conditions a limit of liability and only once has anyone expressed concerns about it.

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  3. Anonymous26 March 2008 at 10:12

    The only disadvantage is not being able to take a proper holiday!

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