Skip to main content

Do you have a following without realising it?

Do followings actually exist? Difficult question... Yes, on some planets followings do exist. On others, including Earth, 9 times out of 10 they do not exist.

A 'following' is an interesting concept. For example, we often get called up by firms requesting a conveyancing solicitor with a following for a particular position. Think about it - how exactly does a conveyancing solicitor get a following? Most people tend to only move houses a maximum of once every five years, if that. Developers tend to go with a firm rather than a particular solicitor, and estate agents now want money to refer customers through to solicitors assuming they do not have their own call centre paralegal run conveyancing operation going on.

Another one is for a family solicitor to have a following - again - most people tend to only get divorced once or twice in a lifetime, so how on earth does a family solicitor pick up a following?

Commercial litigation, debt recovery, crime and company commercial solicitors can pick one up, but usually restrictive covenants potentially inhibit the solicitor's opportunity to take their clients from one firm to the next. If you do not think you have a following, have a careful think through who your clients are and whether any would come with you.

To a certain extent you can ignore restrictive covenants. The easiest way of getting round them is to simply make sure you have spoken to all your clients before you leave to advise them that you are leaving, and to give them the name of your new firm in case they have any queries. You may be pleasantly surprised how many indicate that they want to follow you to the new practice. There is nothing to stop them doing this as far as I am aware - you have not touted for business, and neither have you done anything to encourage them to go with you.

Do you have family members or friends who occasionally send you business or refer on contacts to you? This is part of your following...

If you have a following, also consider why you are joining a new firm and not setting up on your own or pressing for partnership. After all, if you have sufficient fee generation from a number of clients, why not keep most of this yourself rather than give it to someone else?

Jonathan Fagan is MD of http://www.ten-percent.co.uk/ - Legal Recruitment Consultants in the UK - you can contact him via the website or email jbfagan@ten-percent.co.uk

Comments

Popular posts from this blog

Overpaid Charity CEOs - top 40 of high paid employees - updated 2022

In 2014, we wrote an article about high pay in the charity sector after the Charity Commission started to require all charities to disclose pay of senior executives earning more than £60,000.    We have updated the list for 2022, with a comparison chart so you can see the difference between 2014 and 2022. We have included the source of the most recent salary levels and the year refers to the accounts year we extracted the salary information from.   2022 Top 40 Chart of High Paying Charities Charity Highest salary Year Consumers’ Association £390k-£400k 2020 MSI Reproductive Choices £240k-£250k 2020 Save the Children International £285k-£300k 2020 Cancer Research UK £240k-£250k 2020 The British Red Cross Society £170k-£180k 2020 Age UK £180k-£190k 202...

3rd class degree holders - advice from www.ten-percent.co.uk Legal Recruitment Consultants

07/05/08 Third class degree – should I be looking to become a lawyer? A question we are asked quite regularly by law students is whether they should be looking to start a legal career if they only have a third class degree (sometimes this can be a 2:2 as well). If you have a third class degree it is important to bear in mind the main issue, which is that quite a few firms, if not the vast majority, use the class of a degree as a benchmark to determine whether or not to shortlist that person for interview. Third class degree applicants are very easy to filter, as it is the perfect excuse to get rid of a reasonably sized number of applicants without needing to read the CV. If you see it from the firm’s perspective, if you have 100 CVs for one training contract position then filtering them out via this method is an easy way of reducing the number without needing to do very much work at all or think about it. So I suppose in one sense, it is so difficult to find a training contract with a ...

Is it possible to work as a Paralegal when you are a Qualified Solicitor

  This question comes up all the time and is quite a common query that we imagine the Solicitors Regulation Authority (SRA) are getting better at answering due to the sheer number of people asking the question. Many years ago the advice seemed a bit varied at times, but we have recently had a candidate who wanted to work in a locum role in the short term and waiting to go back on the Roll and get a practising certificate after some time spent outside the profession. She has been given fairly concise advice on whether she could work as a paralegal whilst waiting to be readmitted which we are repeating here. This article is written as a discussion point and is not intended to be advice in any shape or form. For full advice on your particular set of circumstances please speak to the SRA (or whoever else you like, but please do not depend on the information in this article!). The SRA have a simple online test to determine if you need a practising certificate and th...