One of the biggest expense for lawyers striking out on their own is renting an office space. A virtual practice lets you work from home, but you’ll still need a meeting space, professional mail drop, and occasional work nook. Look no further than your state or local bar.
In my travels around the country, I’ve come across more and more bar associations offering this vital service for solos as organizations look to increase their value to increasingly skeptical and cost-conscious members.
During a conversation with a longtime solo last week, she bemoaned paying $1,200 monthly for an office space and complained that she has little or no resources to devote to networking and marketing. I recommended ditching the traditional office space and re-joining her local bar to solve both problems: affordable office and meeting spaces, and built-in opportunities for referrals and networking. And the money saved can be applied to marketing efforts.
Cost, of course, varies by location, but ballpark figures are provided by the Connecticut State Bar:
- Office cubicle individual workspaces – $10 per hour
- Small conference rooms (6-10 people) – $10 per hour
- Large conference rooms (20-50 people) – $25 per hour
- Seminar Room (up to 100 people) – $35 per hour
Amenities such as WiFi, photocopy machines, printers, and access to food and beverage services, that you typically find at other co-working spaces such as Regus and WeWork, are available. Membership has additional privileges: Access to the law library, Fastcase and other legal research tools, and discounts to law practice management software and other tools to manage and grow your practice.
Huge bonus: Networking and referral opportunities at your doorstep!
It’s time to rediscover your local bar.