For most solo practitioners, deciding whether and when to hire an associate can be an agonizing process. Some solo practitioners agree that when their work piles up and there is money in reserve, the only way to grow a practice and not to lose business is by hiring an associate. But while associates can make a solo's practice more profitable and efficient, they can also be a drain on cash flow, especially during slow periods.
November 02, 1999 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
For most solo practitioners, deciding whether and when to hire an associate can be an agonizing process.
The solo practitioners interviewed for this article agreed that when their work piles up and there is money in reserve, the only way to grow a practice and not to lose business is by hiring an associate.
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