Starting a Law Firm? Consider becoming a consultant lawyer

Starting a law firm

Why becoming a consultant lawyer could be a smarter choice than starting your own law firm

Suppose you are considering setting up a law firm. In that case, you are probably the type of person who thinks entrepreneurially, believes they can achieve more, wants greater rewards for your tremendous efforts, and is searching for more control of your career and your life. Consultant lawyers at Setfords Solicitors think the same way. So, you might want to consider consultancy as an alternative.

Starting a law firm requires a considerable amount of financial resources and brings with it significant risk. Here at Setfords, we have made the investment so that you don’t have to! With us, you get all the benefits of running your own law firm without any of the risk attached. You earn up to 80% of what you bill, decide your working hours, set your billing targets, and choose where to work from.

We provide indemnity insurance, as well as all the support you will need to thrive as a consultant lawyer. From administrative and secretarial services to PR, marketing, web design and compliance, we’ve got everything covered without you having to worry about the details of how to start your own law firm. We even have a business development team generating millions of pounds in business for our consultants every single year. Imagine the type of investment you would need to make to achieve that level of support when starting a law firm of your own! And there is no need to worry about offices – we have 14 office spaces and meeting room facilities across the country for you to make use of. This includes Setfords London, our space on prestigious Chancery Lane, which provides the perfect base for lawyers in the capital.

If you have the desire to start your own law firm, you are most likely looking for a better way of working. But before you take the leap into this stressful lifestyle, you should consider life as a consultant lawyer at Setfords. You get all of the benefits that can come with starting a law firm, namely the freedom and flexibility to do things your way. But, with our unrivalled support structure, you don’t have to experience any of the downsides. Below you will find more information about how we work, interviews with our consultants about life at Setfords, and films about everything from job security to work-life balance.

Uncapped earning potential

Our fee structure is about honouring our commitment to our consultant lawyers to give them the rewards they deserve. At a traditional firm, you might expect to take home a third of your billings. But at Setfords, it can be up to 80% for the same amount of work, or sometimes even less!

What you would earn at Setfords
What you would earn at a normal firm
Yearly billing Your salary at a traditional firm (if you’re lucky) Your fee share at Setfords
£100K £33,000 £57,500
£150K £45,000 £92,500
£200K £66,000 £130,000
£250K £82,500 £170,000
£300K £99,000 £210,000
£350K £115,500 £250,000
£400K £132,000 £290,000
£450K £148,500 £330,000
£500K £165,000 £370,000
£600K £198,000 £450,000
£700K £231,000 £530,000
£800K £264,000 £610,000
£900K £297,000 £690,000
£1m £330,000 £770,000
YOU EARN 80% OF
EVERYTHING
OVER 200K

The best support in the industry

Accounts

Our expert team deals with all financial transactions for Setfords, ensuring your clients can be confident their monies are being handled safely.

Business Development

Our executives are responsible for generating millions of pounds in business for our lawyers.




Compliance

A director-led department overseeing all compliance matters within the firm.





Design Support

Setfords’ designers work across all print and digital platforms, both internally and externally, and assist our lawyers with their own promotion.


Management Support

Our senior team, including M.D. David Rogers, is on hand to offer strategic advice and support to all our lawyers.



Marketing

Our team are experts in generating business through online channels and can help you plan your own marketing campaign.



Legal Support

We can build a team around our consultants using in-house lawyers, paralegals and trainees.




PR & Communications

We have employed an agency run by a former BBC journalist to promote Setfords’ lawyers across all platforms and within the media.

Reception & Telecoms

Our receptionists are trained to deliver a seamless service no matter where our lawyers are based.




Scanning

Every piece of post received is scanned and uploaded to our case management system, allowing you to work in a paperless environment if desired.

Secretarial Support

Our highly-trained team is responsible for all typing and document preparation. You dictate, we do the rest.


Technical Support

Our IT team has been with Setfords for 10 years and ensure our remote working systems operate without interruption.


A professional network

As a consultant at Setfords, you don’t have to manage teams, but you can be part of one. We put a strong emphasis on building a robust internal network amongst our 350+ lawyers. Our lawyers find many opportunities to serve their clients better by confidently cross-referring work to others from this network. And, they can also regularly work in teams with other talented lawyers to deliver pitches or handle large-scale projects. Starting a law firm isn’t the only way to seek the opportunities you’re looking for!

  • Over 350 consultant lawyers
  • 50+ disciplines
  • In 47 counties across England and Wales

Benefits of consulting vs starting a law firm:

Uncapped earning potential

Uncapped
earning potential

A better work-life balance

A better
work-life balance

Remote working

Remote
working

Support you can depend on

Support
you can depend on

A network of 180+ lawyers

A network
of 350+ lawyers

What our lawyers think about being a consultant at Setfords

The financial rewards of being a Setfords consultant

Our managers and our lawyers explain the financial benefits of consultancy.


The support provided to Setfords consultant

Our support team offer an insight into the services they offer consultants, from PR and marketing to business development and sales.


Work-life balance as a Setfords consultant

From flying aeroplanes to spending time with family, our consultant lawyers explain how they have benefited from a better way of working.

Legal consultant Andrew Thompson

“I am working on bigger and better
deals than I ever have before.
Joining Setfords was the best
decision I’ve made.”

Andrew Thompson
Consultant Solicitor

Legal consultant Marija Markovic

“I’m so happy that I made the
move to Setfords; I won’t
go back to my old life.”

Marija Markovic
Consultant Family Solicitor

Legal consultant Adam Wright

“The move to consultancy has put
me in the driving seat of my career,
and I am now responsible for my
own rewards.”

Adam Wright
Consultant Clinical
Negligence Solicitor

Still thinking about starting a law firm?

Can we persuade you to give consultancy a chance instead? Get in touch with us using the form below, and we can talk you through everything you need to know. If you have any additional questions, we’re on hand to answer them and show you just how rewarding life as a consultant lawyer can be.

Take your first step today

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