Starting Your Own Firm

Going out on your own is a dream for many professionals.

Setting up a new firm can be a bewildering experience, but starting off with the proper business infrastructure and systems will spell the difference between an exciting and successful career development, or a difficult and stressful experience. 

To show new business owners the way, Oomph has teamed up with Denise Robertson and David Mills of Mills and Mills LLP, a Toronto-based law firm that has been providing timely and expert legal counsel to its clients for over 125 years.

The result is 'Starting Your Own Firm', a dynamic, full-day workshop that shows how to structure the legal aspects of the business; finance the start-up; set up the financial and operational systems; and lastly: how to name the practice and launch marketing initiatives to get work in the door!

You Will Learn:

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How to approach the practice strategically

  • Why are you going out on your own?
  • Where are you headed & what would you like to achieve?
  • How much money would you like to earn?
  • Do you have what it takes to run your own practice?

How to choose a practice structure and legal framework

  • Buying vs. launching your own firm
  • Choosing partners
  • Choosing your practice structure & legal framework - i.e. sole proprietorship, corporation or LLC
  • Required federal, provincial and municipal registrations and permits

Risk management systems and protocols

  • Due diligence to ensure compliance with professional regulations and standards
  • Protecting your business and intellectual property with effective & user-friendly contracts
  • Privacy legislation - the PIPEDA Act
  • Computer safety 101
  • Practice back-ups and continuity preparedness
Financial set up and management
  • Financing the office set up and practice operations
  • Insurance
  • How to set up the banking and financial administration system
  • Assembling an effective financial support team
  • How to create a budget and profit plan and a cash flow management system

Marketing and business development

  • Choosing a name for the firm
  • Developing a brand strategy & writing key messages
  • Developing a graphic identity and branded practice and marketing tools
  • Setting up a website
  • Establishing a marketing budget & marketing tactic mix

Operational set up and management

  • Practice management systems, protocols and standards
  • Client & case management protocols and standards
  • File management protocols and standards [for lawyers]

Dates and Location:

  • 2010 - 9:00 a.m. to 6:00 p.m. Register here
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Location:

  • 401 Bay Street, Suite 1600, Toronto
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Registration Fee:

Cdn $400 + GST

Registration fee includes:

  • Light lunch & break refreshments
  • The workshop 
  • Program manual

 
Registration Terms & Conditions here.

Who Should Attend:

  • Professionals who are thinking of launching their own practice
  • Professionals who are in the process of setting up their own practice and would like to ensure they've 'covered every base'.

Continuing Education Accreditation

  • This workshop qualifies for 0.8 ARIDO and OAA self-directed credits.

Quotes

“Johanna provided timely advice on establishing my new firm and covered, in one day, issues that would have taken weeks, or even months, to cover on my own.

She provided time and money saving value as I charted into independent practice, the nuts and bolts of which my legal training did not prepare me for. She helped me understand my potential clients and define my services, prepare budgets and learn how to manage cash-flow.

Johanna was particularly helpful in advising on relationships with strategic partners and contractors. I recommend her expertise and service to anyone who is making THE LEAP and needs strategic advice in order to do it in an efficient and effective way.”

Laura Zizzo
Zizzo Climate Law


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