Las Vegas Executive Suites and Virtual Offices

It’s the time of year again. Young men and women are graduating from law school, getting ready to take the bar exam, and either looking to join a law firm or launch their own.

Law.com is targeting on its May articles to the latter group. The article gives young attorneys entering into solo practice some sound advice. The first piece of advice attorney Scott K. Field, the author of the article, offers to young attorneys is to not go into solo practice. But in case the newly-minted lawyer doesn’t take that advice, he offers plenty more.

Let’s listen in to Field’s advice:

“The ultimate priority of a new graduate opening a solo firm is survival, especially through the first six months to a year of work. The best way for a new solo to ensure failure is to spend money on unneeded overhead. For example, the solo must decide whether he needs dedicated office space or whether he can work from home. With available technology, there is not necessarily a need for a traditional office.

“A virtual office can provide staff to answer phones, an address for mail delivery and use of a conference room. A new solo who must have a traditional office should find an existing firm that offers a short sublease. Dealing with most office buildings directly will only lead to a long lease and unnecessary fees.�

Did you hear what Field said? Young attorneys going solo probably don’t need traditional office space. Sure, if they want to have the reception area and a nice place to meet with potential clients every day they can lease serviced office space, which negates the need for a full time staff. But a virtual office might be even more practical for a legal upstart scrambling for clients. With a virtual office, the young attorney can always go to the bricks-and-mortar facility and rent a conference room for a meeting when needed.

The advice that Field is giving to young attorneys rings true for young professionals just graduating college in other disciplines as well. With jobs tougher for graduates to come by, many are forced to bootstrap an entrepreneurial venture. Executive office suites and virtual offices can be the best way to get the new business off the ground.

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