Legal Firm

Legal Firm Success Stories [2024]

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Updated: September 6th, 2024

Want to make a tangible difference in people's lives? Consider starting a legal firm. A legal firm provides a range of essential services, including legal advice, document preparation, and representation in court.

For most, the journey begins with obtaining the necessary qualifications and licenses to practice law. You'll need to decide on your firm’s focus—criminal defense, family law, corporate law, etc.—and build a competent team that shares your vision and ethic.

However, running a legal firm entails more than just winning cases. Business management skills are critical; you'll juggle client acquisition, billing, marketing, and compliance tasks. Building a reputable brand involves consistent hard work, maintaining professional relationships, and staying current with legal updates.

Being the guiding hand in crucial moments for individuals or businesses makes this venture deeply fulfilling. By blending legal expertise with excellent service, your firm can stand as a trusted institution in the community.

In this list, you'll find real-world legal firm success stories and very profitable examples of starting a legal firm that makes money.

1. Dabdoub Law Firm ($9M/year)

Edward Dabdoub, leveraging his family's legal background, found his calling in disability insurance law during law school. After winning a life-changing case for a client, he launched Dabdoub Law Firm, now generating $500,000-$700,000 monthly.

How much money it makes: $9M/year
How much did it cost to start: $250K
How many people on the team: 22

How We Grew Our Disability Law Firm To $700K/Month

A disability insurance law firm founder saw sustained growth from $100,000 to $500,000-$700,000 fees per month, serving 200+ clients yearly, through a client-focused model emphasizing quality work and nationwide representation with online reviews, tracking of leads, and a dedicated marketing strategy.

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2. Albers & Associates ($1.8M/year)

Ross Albers, the CEO of Albers & Associates, came up with the idea for his personal and professional development law firm after getting fired from his job two weeks before his wedding. He started his own firm from his dining room table and focused on acquiring new clients through referrals from chiropractors. Today, the firm has grown to include six attorneys and multiple locations, with a vision to become a $150 million business with offices nationwide.

How much money it makes: $1.8M/year
How much did it cost to start: $2.5K
How many people on the team: 12

How I Started A $150K/Month Law Firm

Albers & Associates, a personal and professional development company that deals with criminal, family, and injury matters, aims to become a $150 million business with offices across the United States through acquiring firms whose attorneys want to focus on practicing law and not managing the business.

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Read by 5,493 founders