Can you afford to become an independent solicitor? Can you afford not to? Two consultants at virtual firm Scott-Moncrieff & two career experts share their experiences
Increasing numbers of solicitors are going freelance, inspired by flexible working and keeping the lion’s share of billable hours. Others find it the best post-merger escape route. The fact is, freelance solicitors tend to evangelise about their new-found spare time to spend with the family and on other interests. But that sticky first year flying solo remains a challenge for many. Consultants at the UK’s longest-established virtual firm, Scott-Moncrieff, explain below how they overcame their trepidations.
Funding first steps
Terence Channer, who specialises in actions against the police at Scott-Moncrieff, is open about the tough decision he had to make to fund his move into freelance work: ‘I sold my house to fund my career. I didn’t have a partner with an income to soften the blow but I knew I needed greater freedom, especially away from office politics.’
While a house sale might not be a viable option
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