See my last post. Both areas of law are potentially lucrative if you start your own practice and do well at it, certainly. So are many others. Is anyone going to pay you $110k in their established practice, as a newly minted first year call, to work the files they assign to you? Not likely.
Hey guys, it looks like I will be finishing my articles in criminal law but will likely not have a job after that. Do you know how hard/doable it is to hack it as a solo criminal defence lawyer in Ontario; and for specifically the GTA?
I have spoken with several defence counsel who are more senior and they basically all say the same thing: it will be rough but it is getting worse as the years go. This is due to the the massive glut of lawyers and how legal aid defence work is low hanging fruit; yada-yada. But I do not know how much stake to put on their evaluation. They are at a much higher level of success than what most defence lawyers would expect. It is hard to say if there evaluation it accurate; by that I mean they are not a fresh grad by any stretch and their salary expectation is quite high. Obviously cash clients are out of the question as a fresh solo, but how hard is it to survive on legal aid certs?
I understand running a business is a highly individualized thing but I am asking as someone with a modest network in criminal law and a personality that is outgoing.
There must be a certain percentage who succeed and fail in this era but I do not know if the odds are like 10:1 or 1:20. Again, I am not asking for great success, just a modest salary to live and pay of my loans. Is 20k-40k a realistic expectation? Or should I start lining up at the food banks?