The niche bank is one term often used to describe the successful City National Bank, according to business journals. A CEO with a law degree heads the firm. Music mogul Clive Davis… and the founder of Southwest Airlines, and The Sharper Image, (Arron) are companies with founders who were lawyers before turning to the business world.
Certain innate abilities found in many successful lawyers include Ideaphoria and Inductive thinking, the ability to detect patterns in facts and ideas, according to the Johnson O’Connor Research Foundation. Talents that fit into the entrepreneurial arena excellently. From barrister to the cartoonist, trial lawyer to cake baker, or author, blogger, and career counselor for lawyers, surfboard champion and instructor… commercial airline pilot… the sky’s the limit.
Running from the Law: why good lawyers are getting out of the legal profession, top attorney Deborah Arron revealed why many lawyers are burnt out, and how some stop practicing law and take the entrepreneurial path.
Deborah Arron was a pioneer. She wrote the first book that exposed the professional turmoil a segment of the attorney population experiences. Before the late 1980s, it was not a topic that lawyers dared to speak openly about, according to the Seattle Times. Arron later closed her practice and became a speaker and counselor for lawyers who wanted to change their profession.
Unfortunately, Arron later succumbed to a fatal illness, but her work is as relevant today as ever. Several years ago, I found a copy of Running from the Law on the shelf of a law library. I later bought a copy. Free of legalese, it’s a great read, and an insightful and valuable resource, despite the 2004 copyright. Research shows that many of the issues addressed by Arron are still current. Ten Lawyer Types are featured in the book.
For example, the Lawyer-Entrepreneur, the Lawyer-Superwoman, the Lawyer-Peacemaker. Entrepreneurial, Corporate, and Academic paths are addressed.
A section on how former lawyers have capitalized on hobbies through creative and unusual ways, such as jewelry pin design and channeler/psychic is included along with a resource appendix.
Examples Found Online
Allworth Press Starving artists often lack financial knowledge and know little about protecting their rights in the business world, a circumstance that spurred a teacher with a law degree to develop a way to educate and empower the artistic community. Allworth Press was the solution. Founder Tad Crawford could easily be classified Attorney-Crusader or Attorney-Altruist. He has been called an artist rights’ advocate.
With a background in economics, Crawford started his company with one book of legal forms and checklists for photographers. Today, Allworth Press specializes in titles for artists in many areas. For example, the theater, Webb design, photography, crafts.
And check out the account of the criminal defense attorney who left law to make chocolate…
For legal professionals thinking
about the entrepreneurial path.
“Consider whether you would be happy with the choices
and responsibilities that would be yours as an entrepreneur, says Crawford.
” Book Tip: “The Secret Life of Money is a good choice because money is often more about emotions, psychology, and spirituality than about quantity.”
Alex Steuart Williams
101 Ways to Leave the Law
From barrister to animator and cartoonist extraordinaire.
From trial lawyer to baker with a chain of locations, classes,
and award-winning books. Entrepreneur, educator, youth mentor,
small business champion, speaker
The Cakelove Story
An insightful, humorous, touching, and wonderful account of discovery from a lawyer turned baker who conquered his “fear of flour.”
An important tip for legal professionals
thinking about the entrepreneurial path “Don’t be afraid to leave your law career… there is a world of opportunities outside of the legal arena, says Brown.
Note: More about Brown’s start-up adventure and philosophy and other background details are included.
Johnson O’Connor Research Foundation
Alex Williams’ website
The Cakelove Story
Cookbook cover illustrations
from Abrahms: The Art of Beautiful Books http://www.abramsbooks.com/Books/Pie_Love-9781584798958.html