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Ready to take the next step in becoming a sole practitioner?

Posted by
14 Jan 2015
With the legal market continuing to change and grow, people are now taking the opportunity to become a sole practitioner - find our more about Rachel and Roche Legal at her website.

Rachel Roche worked for Sellick Partnership as a locum solicitor and has recently made this change. I interviewed her to share her views on this transition from working in private practice to setting up on her own…

What made you want to become a Sole Practitioner?
After working in private practice for over 10 years, I decided that I wanted to become a business woman. Although I had been offered partnership at a former practice, it was important for me to be free to implement my own ideas, especially around technology.

Has it been what you were expecting?
Yes. That said, being self-employed has been far more rewarding than I could have imagined. I have learnt such a lot, from how to hone my networking skills to how to build a website and everything in between. I have also learnt a great deal about other businesses and encountered many wonderful people that I would not have had the opportunity to meet otherwise. As I find myself saying all the time, it really is a different world when you work for yourself.

How long did it take?
Once I had made the decision to become an SP, I spent a couple of months working on my business plan, really thinking about what I wanted to achieve and the likely cash flow. Having a fully comprehensive business plan is one of the best things that you can do as above all, it serves to focus the mind. My application went off to the SRA at the end of November 2013 and once I had been assigned a case worker, the application process seemed to go through fairly quickly. I obtained authorisation on the 17 February 2014, so it took just over 11 weeks.

Is there anything you would have done differently?
I would have not stressed so much at the beginning. The world is not going to end if the printer stops working! 

Do you have any advice for someone who is looking to take the next steps?
Do it. Don't just think about it. As the adage goes, you only regret the things you don't do and never the things you've done.

If you would like any help or advice, please contact one of the team who would be happy to advise or assist. You can contact me or my colleagues on 0113 2439775.
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