Friday, October 19, 2007

Second Week Finishes on a High Note


Estimated Referrals this Week: $33,200

Estimated Total Referrals: $98,200

Another office rented this week, and we are more than half full.

By the end of the week, Incubator lawyers made four (4) more referrals:

--a residential real estate purchase (Est. $1,200 in potential fees);
--litigation by a mid-sized business against an insurance broker (Est. $12k+ in potential fees);
--a small commercial litigation involving the theft of trade secrets(Est. $5k+ in potential fees);
--an employment matter was referred to one of our UK colleagues (we expect the favor to be returned, so I view this one like money in the bank) (Est. $5k+ in potential fees).

Unfortunately, we don't have a Real Estate person at LawFirmIncubator yet, or a commercial litigator who deals with small business, so two of the referrals that could have been sent to Incubator lawyers went to other colleagues of ours.

Also, the consulting gig I referred on Monday to one of our lawyers is a go! It should be a $1,000 month assignment for answering questions over the phone. (Est. $10k+ in total potential fees)

Monday, October 15, 2007

Second Week Starts Out Right

I was just referred a Hedge Fund start-up today (not from a lawyer in LawFirmIncubator), but I was in a position to send another referral today. One of my clients, a foreign company, is looking for a business adviser (didn't have to be a lawyer, but it was preferred) to help coach him on US business practices. I'm going to introduce him to one of the commercial lawyers in the suite, hopefully they will be able to secure a deal together. It could be a nice little income stream for the person who gets this business.

...and it's only Monday.

Time slots to view the office are filling up for this week, but we have a few appointments left. Submit an application to schedule a tour.

Sunday, October 14, 2007

1st Week: 3 Major Referrals

Estimated Referrals this Week: $65,000
Estimated Total Referrals: $65,000

Lawyers started moving into the LawFirmIncubator suite on Tuesday, including my firm and two additional attorneys. More are moving in next week.

The number one goal of this project is to get each attorney's office to pay for itself two-fold, rather than just being one of their most costly expenses. Well it seems the laws of attraction were busy at work this week, and the Universe has rewarded us with 3 MAJOR referrals:

1. A construction accident wrongful death litigation (defense), PLUS, a claim against the insurance carrier for refusal to cover the claim. (Est. $25k+ in potential fees)

2. An administrative hearing at the SEC (defense), alleging $30mil+ in damages. (Conservative Est. $35k+ in potential fees)

3. An estate planning matter for high net worth investment banker. (Est. $5k+ in potential fees)

The first referral alone should cover the recipient's rent for the year! I am astonished by the success of this project already.

There are still a limited number of offices remaining. Only one Large Courtyard View Office remains available ($1,897), three Very Large Water View offices are available ($2,000 - $2,497) and two workstations ($897 - $997).

Once these fill, we will keep a waiting list on a first-come-first served basis. Make sure you apply now.