How to Start a Virtual Law Firm for UNDER $2,000 | Ultimate Guide

Here's exactly how I started my Virtual Law Firm for UNDER $2,000! In fact, because I have an online law firm, I spend on average only $125 per month to keep my law practice up and running. Interested? Keep reading to see my recommendations...
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Пікірлер: 70

  • @LawVenture
    @LawVenture4 жыл бұрын

    The Ultimate Guide to Virtual Law Firms is now available on the Law Venture site! Check it out: lawventure.com/how-to-start-a-virtual-law-firm-ultimate-guide/

  • @nyasiaxo8782

    @nyasiaxo8782

    11 ай бұрын

    Hi! How much experience do you recommend having before going solo?

  • @ashleyfreeman7145
    @ashleyfreeman71454 жыл бұрын

    Building a website in front of us would be great. I always worry about having all the steps and not forgetting things.

  • @Mrs_Angie

    @Mrs_Angie

    3 жыл бұрын

    Be agile! Forgetting things is inevitable. Its like going food shopping; sometimes you forget important things, and other times you get things that turnout not to be important. 20/20. Its all good. Keep a backlog and revisit. Having a project manager could help with a lot of the stress. (not an ad, but a tip)

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    Following up to let you know that the online course for building website is now ready! You can check it out by going here: lawventure.com/courses/build-a-law-firm-website-fast/

  • @hyojinlee
    @hyojinlee8 ай бұрын

    This is great, thank you!

  • @DrEsquire2u
    @DrEsquire2u3 жыл бұрын

    This was really helpful! Very informative. Thanks

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    Glad it was helpful!

  • @RedDawn370
    @RedDawn370 Жыл бұрын

    Trying the $200 law firm. Balling on a budget taken to a new level. Your videos are awesome! Thanks for everything!

  • @LawVenture

    @LawVenture

    Жыл бұрын

    I appreciate the kind words! And do you mind sharing the itemization of your approach? I’m sure other viewers may be interested.

  • @bubuu2019
    @bubuu20195 ай бұрын

    Great video and very informative. I’m thinking of starting a fully virtual law firm here in Nigeria, but that is so different from the traditional practice. I’ve highlighted a couple of things in your video that would be helpful and I’ll work on them.

  • @tammaragardner9160
    @tammaragardner91604 жыл бұрын

    Thanks for these videos, Jarrett. It would be great if you could do one on the ethics of virtual practice. I understand your clients likely are located within your state because of the type of law you practice, but if you know anything about providing legal services virtually when a transaction crosses state lines, that would be helpful. Thanks, again. Cheers!

  • @LawVenture

    @LawVenture

    4 жыл бұрын

    I haven't run into this situation yet (that may be changing though). But if I find the answer to your question, then I'll be sure to post it! And you're very welcome!

  • @ashleyfreeman7145
    @ashleyfreeman71454 жыл бұрын

    I got an extra battery that magnetically attaches to my phone. I have had it for about 3 years and have never ran out of battery even with the heaviest use. It makes my phone a bit heavier but it is soooooo worth it. I never have to worry about if I have a charger with me. I will definitely get one with my next phone I buy too. They are usually good for 3 generations of phones and mine is a Motorola Droid.

  • @LawVenture

    @LawVenture

    4 жыл бұрын

    I’ll look into it!

  • @13kabby15
    @13kabby153 жыл бұрын

    Thanks for these helpful videos, Jarrett! I'm in the process of starting my own virtual law firm in the next couple of months. I'm leaning towards using Google Drive to backup client files..just curious if at any point you considered using Google Drive (or another cloud based solution) to backup files as opposed to using an external?

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    Congrats! Really glad someone brought this question up... I LOVE using Google Drive and I've been using it to back everything up since making this video. In my mind, getting GSuite (which after a Google search is now called Google Workspace) and the perks with it is a no-brainer. All that being said, I still use my external hard drive as well because I don't want to be in a tough spot if my internet goes out

  • @Cairoluna93
    @Cairoluna933 жыл бұрын

    Yes!! would love a video on building a website and how you mastered excel!!

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    They should be coming out this month!

  • @Mrs_Angie

    @Mrs_Angie

    3 жыл бұрын

    @@LawVenture I'm ready for it too.

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    @@Mrs_Angie @Barbara Boktor - The first several lessons are sitting on my computer! After the next lesson is recorded, I'll upload them so everyone can get started!

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    Following up to let you know that the online course for building website is now ready! You can check it out by going here: lawventure.com/courses/build-a-law-firm-website-fast/

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    @@Mrs_Angie Following up to let you know that the online course for building website is now ready! You can check it out by going here: lawventure.com/courses/build-a-law-firm-website-fast/

  • @bull3tproof109
    @bull3tproof1093 жыл бұрын

    Excellent video! Really loved all these tips. Was curious about your take on starting a law firm straight out of law school. I know you had experience at a firm before you set out on your own. However, as a 3L in the Covid job market, things are looking bleak. I've always been interested in the idea and may have to fast track things. Is it feasible without having gone through the training received through a traditional associate path?

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    Glad you like it! Hmm that's a really hard question to answer haha. My gut-reaction answer is that I don't recommend it because most newly-licensed lawyers will struggle (1) getting enough income to cover their lifestyle and (2) having the necessary knowledge to handle the nuances of their cases (e.g., I had no idea how liens worked in personal injury cases until working as an associate). Any chance you watched my "Can a Virtual Law Firm Succeed" video? In it, I talked about partnering up on cases with another firm. That way I'd have immediate income. If I were in your position, then I'd consider going solo if I could find a lawyer with a law firm that (1) would let me be an independent contractor who took portions of the fees I earned and (2) would be willing to mentor me. In this situation, you are able to give that lawyer the security of only paying you when money is earned and it would be in that lawyer's interest to mentor you so you could earn their firm more money. Your benefit would be more secure income, experience, and time to get your own clients. This approach definitely isn't conventional so it will take some hunting. If you find someone that is interested, then try to get a sense of what your workload will be because you may need to find an additional firm -- that way you're not as dependent. Also, think about what kind of payment structure is going to be appealing to them so that it's a no brainer. I'm totally typing out loud so maybe I should make a video on this? Haha.

  • @fdoihgsd

    @fdoihgsd

    3 жыл бұрын

    @@LawVenture can you make a video about starting your own virtual law firm straight out of law school?

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    @@fdoihgsd I'll see what I can do!

  • @brandonjackson6336
    @brandonjackson63369 ай бұрын

    Would absolutely love to see a video of the way you use excel in your practice!

  • @LawVenture

    @LawVenture

    9 ай бұрын

    I recorded this just for you: kzread.info/dash/bejne/ZJ15t8aBhLTZmKQ.html

  • @drlisasharpe
    @drlisasharpe3 жыл бұрын

    Hi Jarrett, this is really inspiring to me! I have a question. What do you do about malpractice insurance?

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    That's great to hear! I currently don't have malpractice insurance since (1) it's not required in my state and (2) I'm personally involved with 100% of the firm's cases. When I start relying on others to take lead on my cases, then I will probably surpass my risk tolerance and look into getting covered.

  • @tomasgonzalez4819
    @tomasgonzalez48192 жыл бұрын

    "Brightline rule". Noice. Talk about a term of art. 😁

  • @NikkiBeDoingStuff
    @NikkiBeDoingStuff3 жыл бұрын

    Can you please list the equipment you use to make your videos. I like the quality of your videos.

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    @Nikki Wadley - Thanks! You can see everything listed here: lawventure.com/youtube-gear-and-equipment/

  • @williamyoung9147
    @williamyoung91473 жыл бұрын

    Thanks for the content, very helpful! What GSuite/Workspace plan do you use? I'm currently in the process of starting a virtual firm and tossing between the Google Workspace Business Standard ($12) and Business Plus ($18) plans. Any feedback on your plan choice and experience (good and bad) would be greatly appreciated. Thanks!

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    Glad you find it helpful! And GREAT question because I just realized that I'm in a weird situation with Google Workspace. I actually don't have either plan haha. I guess I was an early adopter of Google Workspace (it was called G-Suite at the time) because, according to my profile, I have "G-Suite Business." I pay $12/month and have unlimited storage. When I go to upgrade/downgrade plan, the only upgrade is Google's current Enterprise plan -- every Google Workspace business plan is considered a downgrade by Google. I love being a customer because it has allowed for me to help automate certain aspects of my firm. Plus, Gmail is a breeze. If I were to start from scratch again, I'd go with the $12 Business Standard because you can always upgrade later. 2 TB is a lot of storage. If you're interested, here's a referral link: referworkspace.app.goo.gl/bzMj ... If you use the link and this code > CCTPLHX6AUAJCHL < then you should get 10% off the business standard

  • @williamyoung9147

    @williamyoung9147

    3 жыл бұрын

    @@LawVenture Thanks for the response and referral link,. Yes, the $12 Business Standard plan seems to be the most feasible at the moment, plus I'm sure their security settings are up to par for law practices. On another note, I'm not sure if you covered this in another video, but it would be awesome to see how you've incorporated G-Suite/ Google Workspace in your "everyday" practice (i.e. billing/invoices, templates, etc.)

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    @@williamyoung9147 That's definitely on the to-do list for future videos! I've been holding off from making a video because I want to test things out. And then I find myself tweaking the set up, testing, and re-tweaking haha.

  • @llsocci9264
    @llsocci92643 жыл бұрын

    I would love to know how you use excel for your client management. I use Clio now, but would happily use excel if possible

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    It’s definitely in the pipeline!

  • @theodorevegh6030
    @theodorevegh60305 ай бұрын

    Believe it. Love it. Make Money. - Ted Vegh

  • @camilojara8155
    @camilojara81553 жыл бұрын

    I would recommend use Linux instead of MAC or PC. The advantage is that Linux runs great on old hardware and is much faster in modern hardware than MAC or Windows. It also a much more secure alternative, and it comes at no cost (is free and open source).

  • @hiphopsmokeout2915
    @hiphopsmokeout291514 күн бұрын

    LLC is $50 in Arizona. One time fee.

  • @hiphopsmokeout2915
    @hiphopsmokeout291514 күн бұрын

    Do you have to be a lawyer? Or can I hire attorneys 😅

  • @ashleyfreeman7145
    @ashleyfreeman71454 жыл бұрын

    A video on building your website would be great. I have built websites before and I know it doesn't have to be all flashy with bells and whistles but economically which one is best.

  • @LawVenture

    @LawVenture

    4 жыл бұрын

    Good to know!

  • @robinswanson9309

    @robinswanson9309

    3 жыл бұрын

    Yes, please build the video, but I do want it to be flashy with all the necessary bells and whistles! I took a peek at your, www.stonefirm.law. The reviews look amazing! Thank you~

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    Thanks, Robin! I've been dragging my feet with this video since it's going to be a big one haha. It's definitely in the pipeline though!

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    Following up to let you know that the online course for building website is now ready! You can check it out by going here: lawventure.com/courses/build-a-law-firm-website-fast/

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    @@robinswanson9309 Following up to let you know that the online course for building website is now ready! You can check it out by going here: lawventure.com/courses/build-a-law-firm-website-fast/

  • @dagobello
    @dagobello4 ай бұрын

    Dude forgot. Bar dues ( $200-$400)and Continuing Education classes which can range from $300-$1200 a year). Other than that the video is real helpful.

  • @LawVenture

    @LawVenture

    4 ай бұрын

    Those are costs for being a lawyer, not for starting a law firm. I was already paying for bar dues and continuing education so those expenses didn't change because of my law firm.

  • @geraldineybanez222
    @geraldineybanez2222 ай бұрын

    Hi I am lawyer from the Philippines, I want to join your virtual law firm, can you help how>.

  • @mafava1214
    @mafava1214 Жыл бұрын

    Big time i need Excel to be shown what's good of it!

  • @christinapotterbayern7879
    @christinapotterbayern78793 жыл бұрын

    The start-up costs did not include insurance though, right?

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    Correct. If you're just now getting started, then being sued for malpractice isn't the immediate concern. Instead, the focus is getting a viable business up and running.

  • @psbeloved
    @psbeloved3 жыл бұрын

    What about malpractice insurance?

  • @LawVenture

    @LawVenture

    3 жыл бұрын

    You need to figure out if you need it at such an early stage

  • @wlsmith2357
    @wlsmith23572 жыл бұрын

    I do want to see how to make my own website pls

  • @LawVenture

    @LawVenture

    2 жыл бұрын

    Here you go: lawventure.com/courses/build-a-law-firm-website-fast/?tva_skin_id=61

  • @Michael-iw3ek
    @Michael-iw3ek10 ай бұрын

    omg nothing about e&o insurance and Westlaw costs??

  • @gracestramiello4221
    @gracestramiello4221 Жыл бұрын

    What address did you use for your registered agent, please?

  • @LawVenture

    @LawVenture

    Жыл бұрын

    Great question. I need to make a 2.0 to this video. I now pay for a Registered Agent Service and use their address for service, which is only $35/year. I’m basically paying this because Texas SoS would no longer let me use the permanent mailbox as the service address. 99.9% of my mail still goes to my permanent mailbox. I hope this answers your question 👍

  • @ashleyfreeman7145
    @ashleyfreeman71454 жыл бұрын

    Gotta pay all those student loans!

  • @LawVenture

    @LawVenture

    4 жыл бұрын

    Haha slowly but surely!

  • @MarkMaster123
    @MarkMaster1232 ай бұрын

    Summarize what you saying, add more visuals, and remove all the useless bits (like the part where you talked about your phone/laptop. If you do this I guarantee you will get at least 2x the views and much higher engagement

  • @mafava1214
    @mafava1214 Жыл бұрын

    Or maybe they are dead. On domain dudes.