Often, yes. The fee share model typically results in higher net earnings compared to traditional salaried roles, as you can earn a higher percentage of your billings.
How the Numbers Work
In a traditional employed role, your salary is fixed regardless of how much you bill. With the consultancy model, your earnings are directly tied to what you bring in. The more you bill, the more you take home.
At Setfords, consultants earn between 50% and 80% of their billings through our sliding fee scale, with comprehensive support included in the fee split. For a full breakdown of how this works, take a look at our guide to the Setfords fee share and try our earnings calculator to see what your billings could look like in practice.
What to Consider
Earning potential in consultancy depends on the work you bring in and the clients you serve. It’s worth going in with a clear picture of your billing history and realistic expectations for your practice.
If you’d like to understand more about the lead support available to help you grow your practice, take a look at our guide to receiving leads as a consultant solicitor.
