On Demand Audio

The Transition From Flying Solo to Entering a Law Partnership

(139 reviews)

Produced on December 07, 2013

Taught by
$ 89 Business, Corporate, & Securities Law In Stock
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Course Information

Time 75 minutes
Difficulty Intermediate

Course Description

We all dreamed of hanging up our own shingle, and what better way than in a partnership with your buddies?  However, when starting a law partnership if you do not get started properly you will only insure that you starve twice as fast. In this course, Gianpaolo Scarola provides guidance on entity formation, managing your office, marketing your firm, finding clients, maximizing resources and choosing the right location.

 

In addition to all of above, this course covers the most important topic of all: how to choose the right partners. Much like in dating, there are many fish in the sea, but quality life (or law) partners are few and far between. Through examples, Gianpaolo Scarola discusses what to do and most importantly NOT to do (with names changed to protect the innocent and his bank account). He also discusses different methods of profit sharing once you decide that you’ve found your legal soul mates.

Learning Objectives:

I.    Weigh the values of a Solo Practice v. Partnership v. Shared Office,

II.   Choose the right practice entity (PC, PLLC, PLLP)

III.  Balance your budget to manage “must-have costs” for your office

IV.  Determine your office space needs and weigh value vs. costs

V.   Ask your potential partner the important, determinative questions

VI.  Split the pot with your partner, making sure each person gets his fair share

Credit Information

After completing this course, Lawline will report your attendance information to {{ accredMasterState.state.name }}. Please ensure your license number is filled out in your profile to ensure timely reporting. For more information, see our {{ accredMasterState.state.name }} CLE Requirements page . After completing this course, {{ accredMasterState.state.name }} attorneys self-report their attendance and CLE compliance. For more information on how to report your CLE courses, see our {{ accredMasterState.state.name }} CLE Requirements FAQ .

Faculty

Gianpaolo Scarola

Scarola, Benincasa, Mouzakitis

Gianpaolo Scarola is a partner at Scarola, Benincasa & Mouzakitis PLLC. His specialty areas are real estate and business advisement. After working in law firms for over ten years on matters ranging from parking tickets to anti-trust litigation in New York City and as far away as Jackson, Mississippi, Gianpaolo opened his own solo law practice where he spent four years growing his business and reputation. In 2011, after many offers from friends, colleagues and even some adversaries, Gianpaolo founded Scarola, Benincasa & Mouzakitis PLLC. 

In his practice, Gianpaolo has assisted in the formation of countless business entities, advised clients in numerous purchases and sales of businesses and is advisor to local companies throughout the tri-state area. He also represents countless clients in their residential and commercial real estate transactions each year. Gianpaolo sits on the board of directors for both the Hollis Hills Civic Association and the New York City Independent Filmmakers and Actors Association. He has given lectures at The Theodore Roosevelt American Inn of Court, the New York City Bar Association, NYPD Community Outreach Programs, the Long Island Board of Realtors and numerous other civic and philanthropic organizations. Gianpaolo is a graduate of New York University, where he earned his Bachelor of Arts and was a awarded a Trustees Scholarship and received his Juris Doctorate from St. John’s University School of Law on a full academic scholarship.

 



Reviews

PO
Patrick O.

Enjoyable and effective

JH
Joseph H.

Good speaker

AF
Alan F.

Seemingly obvious, yet surprisingly helpful

MB
Makedonka B.

Great info

CM
Charles M.

This was the most useful CLE I have taken in the past 2 years.

LW
Linus W.

good, practical course

EP
Elizabeth P.

Great presentation, would have liked to hear more from this speaker.

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