Opening niche practices in new and developing industries or services can provide opportunities for lawyers to avoid saturated markets and set themselves apart. Select a niche by following a passion or leveraging previous education or work experience. Get highly specialized and get noticed. Our experts share their experience selecting, opening, and running their successful niche practices.
Watch so you can:
- Avoid overextending the location and scope of practice
- Define your ideal clients and market to them
- Be profitable by setting fees based on actual costs
- Be open to new ideas and emerging industries