In early years of law practice, the income of a first generation young lawyer in legal profession is very low as few clients may be willing to put their case in hands of a new lawyer.
He should therefore become more familiar with two phrases :-
1) Financial Security Net &
2) Financial Budget.
There should be some financial support or promise of support, from family, freinds or from banks, or from Senior Lawyers to enable him to carry on for atleast two years even if his income is low. This is his "Financial Security Net".
Second phrase "Financial Budget" means some rough idea about his minimum expenditures for two years.
Once he becomes clear about these two concepts, he will find strenth to survive on his own.
Haresh Raichura 14/6/17
In early years of law practice, the income of a first generation young lawyer in legal profession is very low as few clients may be willing to put their case in hands of a new lawyer.
He should therefore become more familiar with two phrases :-
1) Financial Security Net &
2) Financial Budget.
There should be some financial support or promise of support, from family, freinds or from banks, or from Senior Lawyers to enable him to carry on for atleast two years even if his income is low. This is his "Financial Security Net".
Second phrase "Financial Budget" means some rough idea about his minimum expenditures for two years.
Once he becomes clear about these two concepts, he will find strenth to survive on his own.
Haresh Raichura 14/6/17
