Is Your Environment Supporting Your Practice?

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Use Your Coach

My daughter just moved into a new office. She was a sub-tenant in an existing space and decided to make a move to be in her own space, but was still uncertain about the expense and the timing to do so. She was under no immediate need to move now, and the decision to do so really was a forward-looking one that gave her options to expand her practice in the future. The problem, in her mind, was: is the up-front expense of getting from point A (old office) to point B (new office) worth it in order to realize greater potential future income? And as a conscientious lawyer should do when faced with such a concern, she decided to talk it through with her "coach" - me

Three Considerations

I suggested that she look at her concerns through three lenses: the reasons to move, the factors to select the location she did, and how to build out the new facility. Such a perspective is essential to understand a new office space in terms of what you expect in revenues, what you can afford in expenses, what clients you will serve from this location and in your type of practice, as well as (lastly) how comfortable you will be in the physical environment where you will spend most of your waking time.

Please see full article below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ed Poll, LawBiz | Attorney Advertising

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