There are many consultancy misconceptions in the field, such as the idea that setting yourself up as self-employed is too complicated, that finding clients is too difficult and that it is expensive and unstable to run your own business. These myths often prevent many qualified and able legal professionals from going into consultancy, placing a barrier between them and achieving a healthy work-life balance, earning what they deserve in line with their efforts and working hours. This guide aims to tackle these misconceptions and make the prospect of becoming a consultant solicitor feel much more achievable.
The first hurdle that legal professionals often stumble at is the transition from employment to self-employment. The thought of managing your own taxes and accounts outside of the familiarity of PAYE can be daunting, but in recent years these processes have been streamlined and made much more accessible and easier to understand. With interactive guides and simple online forms plus support from Direct Gov and Companies House, managing your finances as a self-employed person is easier than ever before. We have helped countless nervous professionals take those intimidating first steps into consultancy, and all it takes to get started is a call with our friendly team.
When you think about how to win clients as a consultant solicitor, it’s only natural to address common concerns like consultancy misconceptions about counselling. Exceptional service speaks volumes and expands your reach through social media that connecting you with potential clients. Many of our consultants expand their network by organically growing their client base, or they compile a list of potential partner companies to cultivate relationships and connect with their target clientele. Taylor Rose will support you on your journey to self-employment with tips, referral networks and the help of our business development team to ensure you get off to a good start and reach clients effectively.
As you transition into self-employment, you may be concerned about your financial stability. In today’s uncertain climate, traditional employment is not always a guarantee of stability. Choosing to work as a consultant solicitor allows you to take control of your financial future. You benefit from the hours you work and the number of cases you choose. The success of our consulting programme proves that it is stable for many legal professionals, dispelling common consultancy misconceptions.
If you have been dreaming of running your own business, you probably already have the knowledge and skills needed to make it a success, but expensive start-up costs can form a roadblock. Our consultancy model allows you to benefit from our established infrastructure, without having to pay initial setup costs such as indemnity insurance and admin support. We strongly believe that any legal professional should have the freedom to do their best work without obstacles. We aim to demystify consultancy and clear up these common worries and misbeliefs. If you want to find out more about how to become a consultant solicitor and how we can help you reach your full potential, contact us at consultantrecruitment@taylor-rose.co.uk today.