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The Skill and Experience of Lawyers Looking to Freelance Will Amaze You!

You may be wondering what lawyer wants to freelance. Let us share some astonishing facts with you that hopefully will resonate as you think about your colleagues over the years. 57% of lawyers in private practice stop practicing within five years.

These are attorneys that went to law school, passed the bar, possibly had a state or federal clerkship, and then worked for a firm or the government for years.

You have so many brilliant colleagues that were excellent attorneys but found being a firm or government lawyer incompatible with also being a parent and ultimately left the practice of law. These talented men and women are rejoining the legal force as freelance attorneys because they can work when their kids are at school, nights, and weekends, without the commitment of full-time employment.

Here is another staggering statistic, at the 250 largest law firms, there is less than a 30% chance of making partner. This is often called the “big law up or out” system. These highly skilled lawyers without the necessary million-dollar book of business to become partner are leaving big law and many are hanging their own shingle and freelancing as they build their firms or developing freelance careers as they are keenly appreciative of its flexibility after big firm burnout.

This may shock you, but millennials are now 25 to 39 years old. While a remarkable over generalization, this is an entire generation of attorneys, many with more than a decade of legal experience, that are more concerned with work life balance than previous generations. Many of these talented lawyers are building freelance businesses for themselves so that they have total flexibility in their schedules, the ability to work and travel, and ultimate control over the type of work they do and their workload.

A new trend is also developing with retired lawyers choosing to freelance. Whether motivated by the need to “stay in the game,” a love for the law, or financial considerations, attorneys with decades of experience are offering their sage advice on a freelance basis.

There are many other life circumstances that are conducive to freelancing. Military spouses, for instance, are well-suited for a freelance career as they must frequently move. Attorneys that have opened their own practices and are working on developing their book of business often supplement their income by freelancing. And law school professors make additional money during their summers off.

The “gig economy” has reached legal and the number of highly-skilled lawyers looking to work on a freelance basis is exponentially increasing as they realize they can put their education and training to work in a way that is conducive to their families and lives.

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