Monday, July 05, 2010

GOALSETTING: LAW PRACTICE ATTORNEY VISION

• Vision: I am an attorney who has successfully set up my own law practice.  I am disciplined; I work smart, and I focus my attention taking part in revenue-producing activities.  I make my own hours, and I make it a priority to let Hashem fill my coffers with cash and abundance, and I focus on doing what I need to do to return my attention to my family, Torah, and Hashem.  I *am* a dynamo.  I am a patent litigator; a patent prosecutor; an engineer.  I help people defend their homes against foreclosure, and I help them restructure their affairs through lawsuits or bankruptcy to allow them to have a fighting chance to get back on their feet so that they can life long, fruitful and meaningful lives.  I love the patent litigation cases, and I pride myself in being a federal litigation attorney.  I am an expert in federal procedure and I am an expert in the ins and outs of the areas of patent law, patent litigation, foreclosures, and bankruptcy law.  I am the go-to guy when someone gets in trouble.

I have a multijurisdictional practice in both Texas, New York, Israel, and China, and I travel back and forth to each to monitor the attorneys who are part of my firm.  I have monthly management team meetings, and I have advisers of all kinds at my meetings.

I started my practice immediately after I saved enough money working document review projects to have six months of salary to keep my family comfortable while I built my practice.  I started off in my home office which was equipped with state-of-the-art and smart technology (smart doesn't mean expensive).  I kept my files digital and electronic, and I had systems in place to handle all aspects of my practice.

Shortly after working a few cases, I built up enough savings to move into a shared office.  I worked there and grew my practice, hiring a number of paralegals and an assistant to handle my caseload. 

From there, I expanded my practice and hired one attorney in New York, and one attorney in Colorado to replace the work I was doing so that I can grow the law firm and focus on the good cases.  I went on to grow the practice with more and more attorneys until I was a functioning law firm which operated independent of my efforts.  I am financially independent, and I move into fringe areas of law which bring juice and excitement to my life and to the lives of those around me.

• Purpose: Working my own practice gives me the freedom to be the master of my own salary.  The work I put in is commensurate with the benefits I reap.  I am able to work on terms which allow me to prioritize religious holidays and family, and there are no bosses which I need to clash with to enforce my religious practices.  I am able to be near home and to be a father and a husband, and I am able to work on cases which are exciting to me in the area of law I have chosen to practice.

• Roles: Attorney, Patent Attorney, Patent Litigation Attorney, Patent Protector, Patent Protector, Giver of the Home Shield, Protector of the home, Bankruptcy expert, Litigator, Friend of the people, enemy of the banks and of  those who brake the law.

• 3 to Thrive: Learn areas of practice, Set up office & web presence, Work on client's files.

• Resources: CLE courses, other attorneys, state bar.

• Qtr Goals: Save up six months worth of expenses.

• 1yr Goals: Transition into 100% private law firm practice, cash positive, positive cash flow, steady flow of clients.

1 comment:

Edward said...

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