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One thing lawyers in small or solo practices can do to help revitalize their current practices is look to developing a practice in a niche area of law. Scott and Oscar discuss specific lawyers who have developed such practices in a variety of legal fields – steroid law; bicycle accidents and representing pet owners. They also discuss how adding niche areas to their own practices helped increase their cash flow and provide a steadier revenue stream. The hosts provide pointers on how to develop such a practice and how adding a niche area of law cannot only enrich your business but also provide an area of law that interest you and keeps you focused on practice development.
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One thing lawyers in small or solo practices can do to help revitalize their current practices is look to developing a practice in a niche area of law. Scott and Oscar discuss specific lawyers who have developed such practices in a variety of legal fields – steroid law; bicycle accidents and representing pet owners. They also discuss how adding niche areas to their own practices helped increase their cash flow and provide a steadier revenue stream. The hosts provide pointers on how to develop such a practice and how adding a niche area of law cannot only enrich your business but also provide an area of law that interest you and keeps you focused on practice development.