Monday, February 11, 2013
When newbie lawyers decide to hang out a shingle, they sometimes work from home. As the workload and number of clients increase, the may wonder whether it’s time to rent office space.
At Attorney at Work, Ruth Carter offers some thoughts. Here are some excerpts:
If you don’t meet with clients in person frequently, a so-called virtual office facility is an awesome option. Found in most larger cities, these facilities give you a mailing address, receptionist service and an office to meet with clients two to five days a month. Renting one of these often costs the same as a few hours of your services. Also, they may have mixers—a great way to network with others who use the space. There may be extra fees for renting a conference room, using the printer or copy machine, and parking.
To make a decision, you have to consider where you’ll be the most productive, and what situation will give you the most bang for your buck. I started my practice from home, but now I’m considering moving into a virtual office facility at a business center. I’m asking myself questions like:
- How much will this cost?
- How much time will I really spend there?
- How will the extra costs add up?
- Do I need two to five days a month to meet with clients?
- Do I want to group my client meetings to fit into two to five days a month?
- What do I gain by doing this compared to using the conference rooms at my state bar’s office for free?