The number of Solicitors becoming a consultant has increased in recent years. Solicitors who have their own client following and have gained extensive experience working for Law Firms, are now looking for a better life balance and being a consultant solicitor offers numerous benefits.
In most cases a consultant Solicitor has their own following and rather than setting up their own practice, they work for a Law Firm as a consultant solicitor. They can then service their clients under the Law Firms name and have in place a fee sharing arrangement.
The fee sharing arrangement can differ from one Law Firm to another, but it is typically around 70%.
Most of the Law Firms that recruit consultant solicitors require that solicitor to be at least 5 years PQE. They also ask that you do have your own following.
The main benefits of becoming a consultant solicitor are that you are fully remote, in control and have a better lifestyle balance. You can choose your own clients, where you work and when you work. Best of all you can earn more too.
