Wednesday, March 25, 2009

The 6 (7?) P Rule

A lot of my friends wonder why I am even thinking about my own practice when I haven't even had my first day at law school yet. Simple, the answer boils down to a motto my first Intro to Law professor drilled into our head: The 6 P Rule (Well technically there can be 7 P's, you figure it out).

"Proper Prior Preparation Prevents Poor Performance"

Truer words were never spoken. I have seen this happen time and time again both academically and within the business world (Background: My best friend and I opened a business in a local mall that she owns and I have ran since it opened 2 years ago. I will be stepping down in May however). The business, while it still continues today, was done by the seat of our pants. I got to see first hand, and suffer the consequences, what happens when you rush through everything. By starting to plan for my practice now I can begin making business outlines while the business world is still fresh in my head, I can start building on the form bank started in my paralegal training as a narrow the scope of what areas I want to practice and I can start squirrelling away supplies and other stuff I might need. Hopefully at the end of my schooling I will have a basic idea of of where I want my practice, what i want to practice, and a nice little selection of tangible and intangible tools at my disposal. 2.5 years might seem like an eternity to some, but I think it fly by once school starts and the bar exam looms on the horizon.

By preparing now, I hope to cut costs, headaches and much needed time when I am out of school, studying for the bar and trying to open my practice.

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