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Old 03-02-2007, 06:10 PM
James Boston James Boston is offline
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Join Date: Oct 2003
Location: Alabama
Posts: 2,671
Default Re: How much is a degree from a low level law school worth? (and more

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Noah-

Where are these huge start-up costs incurred?

I'm not thinking about doing this, BTW. Just curious.

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I'd imagine the cost of getting office space, getting it up and running, and the cost of trying to get your name out, when there is no income coming in.

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Yeah, but starting any business takes money. Unless you buy an existing business, having cash flow on day one is going to be an issue.

I live in a small area, and have mentioned before that I'm in advertising sales. The only reason I was curious is that I know what office rent is here, and I know what effective advertisiing costs. I just didn't know if being a lawyer had other costs I didn't know about. I would think, especially in smaller markets, one could "hang a shingle." I don't know really anything about law, but I would guess that settling a case is worth a decent amount of money, as in the ambulance chasing example. One wouldn't have to settle a ton of cases to payback a years worth of overhead and advertising costs. Borrowing the money might be an issue. I don't know, just thinking outloud.
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