Coworking Benefits for Lawyers
Law practice is traditionally associated with large, expensive office spaces. However, most small law firms or sole law practitioners cannot afford such spaces.
This is where co-working spaces come in. They offer lawyers office spaces affordably. You can choose between co-shared spaces or dedicated office spaces.
Below are 4 main benefits of working in a coworking space as a lawyer.
1. Coworking Spaces are Cheaper
Coworking spaces are a cheaper option than setting up your own office, particularly if you are a freelancer, solo attorney, or small firm. If you are competing with high-end law firms, you need to set up an elegant, roomy office in a posh location. To do so, you need a huge budget to invest in furniture, lighting, branding, and lease.
Most coworking spaces are set up in posh locations and are move-in ready. If you opt for a private office space with the coworking space, it comes equipped with the necessary furniture and amenities such as Wi-Fi, printers, etc. You also get access to board rooms whenever you need them. Therefore, you get the benefits of a personal office at a fraction of the cost you would have spent to rent or lease an office.
Coworking spaces are not only cheap in regards to setting up but also daily running costs. Legal work involves lots of printing and photocopying. Coworking spaces provide copiers and printers so that you don’t have to worry about cartilages, energy bills, and refilling the copiers and printers with printing papers. You also get access to tea, coffee, snacks, a private mailbox, and in some instances free parking. The community manager takes up some of your administrative work and space management off your plate so that you can concentrate on your core business.
2. Scale-Up and Relocation Flexibility
Since you are not tied to a long-term lease agreement, if the need to relocate arises, you can easily do so. Also, if your firm grows to accommodate new employees, you can upgrade your coworking space membership to a larger space within the coworking space at an affordable rate.
3. Opportunity to Network
Co-working spaces provide unlimited opportunities for you to network organically. They bring together professionals from different industries who may be prospective clients. Your professional network has the potential to grow exponentially as the people you interact with may also refer their connections your way for assistance with legal work.
4. Unlimited Opportunities to Learn
Most coworking spaces have professional events planned out throughout the year to provide both learning and networking opportunities. Furthermore, as you interact with other professionals in the coworking space, you learn about different industries and potential opportunities for your work in those industries. You may also encounter more experienced lawyers who can be your mentors.
Conclusion
Coworking spaces are affordable and convenient. They offer lawyers a serene working space without having to invest heftily in an office space in a high-end location. They also offer a networking opportunity. You may land a few clients or a mentor from the network you build within the coworking space.
Interested in renting out a coworking space? We offer spaces at monthly rates, from private offices to open networking spaces. If you’re interested in working at La Collective, check out our workspaces.