Five Questions To Ask Yourself Before Going Freelance

The option of becoming a freelance solicitor makes it cheaper and easier to set up and practise alone than ever before. The option of becoming a freelance solicitor makes it cheaper and easier to set up and practise alone than ever before. Unlike the process of establishing as a sole practitioner – it can take months to get a new firm authorised – if you have a practising certificate and want to become a freelance solicitor, you could be up and running in less than a week. To get going, you simply need to notify the Solicitors Regulation Authority and ensure that you have a letter of engagement and terms of business which meet the notification requirements set out by the regulator. If you want to offer reserved legal services, you will also need three years’ post-qualification experience and ‘adequate and appropriate’ professional indemnity insurance. It really is that simple. Except, of course, nothing is quite that simple. The low upfront costs and promise of reduced bureaucra...