When it comes to choosing an employer, many job seekers look for the esteemed, the established, and those law firms that can deliver large compensation packages. But there’s an alternative that could put your career on the fast track of advancement – working for a start-up law firm. Below we explore three ways that working for a start-up law firm could invigorate your career:
If you’re working for a start-up law firm, you’ll get an inside look at how the business of law really works. How do you find clients? How do you earn revenue? How do you collect past-due accounts? And how do you keep your firm functioning as you struggle to make a profit?
Work Multiple Roles
Attorneys working for start-up law firms are never limited to what’s in their job description. They have an opportunity to wear many hats and operate in a variety of roles. The rule of thumb is that everyone working at a start-up has a major part to play in the success of the business. You may find yourself helping to shape company policy, find new business or even hiring and firing employees. And it’s these types of experiences that can help you move on to bigger jobs in the future.
Once you prove yourself competent in a role that’s outside the scope of your job description, you could find yourself on the fast track to promotion. For example, if you’re effective at building a book of business and managing the affairs of the firm, you could become a partner fairly quickly.
A final word of caution, if you’re working for a start-up law firm, be prepared for the possibility of failure. Many start-ups don’t survive more than a few years. But even if your employer eventually goes out of business you can leverage your experiences to get a better paying job with more responsibility.