Exiting your law firm

Exiting your law firm?

Considering an exit?

Building your own law firm takes courage, dedication, and hard work. It’s a major achievement, but it also comes with its fair share of stress and can often feel overwhelming. 

If you’re considering exiting your law firm, we are here to help. Whether you’re looking to sell, close down, or simply take on a lighter case load, consultancy with Setfords can offer the perfect alternative and a home for you and your clients. 

Our consultancy model offers all the benefits of running your own firm without the additional stress of sourcing your own insurance, dealing with endless regulations, and challenges of compliance.  

Extensive secretarial support is also provided, from file opening to drafting invoices, certified copies, and everything in between. This support is designed to free up more of your time to spend on what truly matters – fee earning and assisting your clients with a superior service.

Plus, the skills and attributes needed to run your own firm come in useful as a consultant. You’re used to generating your own work, organising your caseload, and building a business – so why not reap the benefits of your hard work without the burden?  

The benefits of being a consultant lawyer with Setfords

Unlimited earning potential

Set your own work-life balance

Work from anywhere

140+ strong expert support team

Nationwide network of 500+ lawyers

A dedicated business development team

Why Setfords?

There are many reasons why consultancy with Setfords offers the perfect alternative to running your own firm: 

  • We’re the top platform law firm in the UK by number of consultants, with a large team of support staff to care of many daily tasks. 
  • In 2023, we hired more lawyers than any other firm, including Magic Circle and all other traditional firms, showing the growing popularity of our distinct consultancy model.  
  • Work with the clients you choose. We can offer a home for clients from your firm so you can continue to work together. 
  • Industry-leading support helps you to help your clients, ensuring they get the same great service they’re used to from your own firm.  
  • A prestigious firm. As a UK Top 100 firm and the leading platform law firm in the UK, we’re a trusted name for you and your clients to work with.  
  • Ultimate flexibility and freedom. No matter why you’re considering exiting your firm, you can achieve your ideal work-life balance with Setfords. Wind down your caseload or increase your capacity – the balance is up to you, with no targets or expectations.  
  • Employ your own staff. If you love building a team, you can still benefit from the support of your own assistants who you are free to have work with you under the Setfords umbrella. 
  • No office politics to contend with, enabling you to focus on what matters to you and your clients. 
  • A network of experts. With more than 500 lawyers located all over the world from many different practice areas, you have access to our network for collaboration and inspiration. Plus, many of them have been in your shoes, reducing the isolation that can often come with running your own firm. 
  • Our Business Development team generate millions of pounds worth of work for our lawyers every year, helping you to run a sustainable and successful practice. 

BILL £160K

Earn £100k

BILL £290K

Earn £200k

BILL £413K

Earn £300k

How much can you earn as a consultant solicitor?

At a traditional firm, you might expect to take home just a third of your billings. But at Setfords, it can be up to 80%, allowing you to earn what you deserve.

Interested to find out your potential returns at Setfords? Use our earnings calculator to predict your earnings – and remember, all of our business-building support is included in the fee split.

How much do you bill annually?

    Take the next step…

    To find out more about how Setfords can support you and your clients on this journey, please get in touch for a confidential conversation. We aim to offer ultimate flexibility, so can discuss unique solutions that give you the best of both worlds between running your own firm and working for somebody else. 

    Frequently asked questions

    Working as a consultant solicitor involves generating your own work. However, we’ll never leave you completely on your own. We have an award-winning Marketing and Business Development team that generates thousands of quality leads every year for our lawyers. Knowing this gives our consultant solicitors more confidence when they join and it often helps get them up and running.

    We have recently invested in a new system to make the delivery of leads to our consultants even smoother, giving them greater flexibility and control over the process.
    Yes, you are free to bring staff to help you as a consultant solicitor. However, bear in mind that any employees you bring will be employed by you, and not Setfords.
    When it comes to setting you up as a consultant solicitor at Setfords, you can progress as quickly or slowly as you wish. That said, we always aim to minimise delays and have even had consultants get set up in as little as two days!
    Training on how to use all of our systems is available to consultants before their launch date. Beyond that, refresher training is provided if it’s needed, as well as training should we introduce anything new.

    Yes, as a consultant you do not have to work exclusively with us. The majority of our consultant lawyers don’t choose to take on multiple roles, but we understand that you may wish to and do not restrict your ability to do so.

    Yes! Our Head Office in Guildford has plenty of space for our lawyers to work and meet clients, and our location on London’s Chancery Lane is also available for the same. This is particularly popular for its proximity to the capital’s legal heart.

    Setfords consultants are also free to set up their own office locations, and we have a number of these locations across the country.

    Absolutely! One of the biggest perks of being a consultant solicitor is the fact that you can set your own schedule. Whether you want to make the most of your early mornings, take meetings on weekends to fit your client’s schedule, or stick to the traditional 9-5, as a consultant solicitor it’s totally up to you.

    Yes, as a Setfords consultant solicitor you are free to set your own fees if you wish. Please note that any pre-quoted work coming through our Business Development team will have set fees.
    Becoming a consultant lawyer gives you amazing freedom and flexibility, including when and where you work. You can be based at home, at one of our offices, at your own office in the UK, or even your holiday home.

    Most of our consultants choose to work primarily from home, but it all depends on what’s best for you and your clients. Whatever you choose, you won’t have to relocate, and we welcome consultants who are based all over England, Wales, and beyond.
    We encourage our solicitors to take as much time as they want for holidays, and we also understand that sometimes you may be too unwell to work. However, this is never an issue at Setfords.

    It’s highly likely that one of the other 500+ solicitors will be able to cover you during this time. We encourage networking with your fellow consultant solicitors, and the staff at Head Office can help you find people to cover you too. Failing that, you can bring in locum cover, but this is almost never necessary!
    Our dedicated compliance department provides regular webinars and other similar material for our solicitors. Beyond this, the responsibility to seek continued professional development lies with you as a consultant.
    Setfords provides all of our consultant solicitors with a desk VoIP phone and dictaphone to get you started. A deposit is taken for this. You will need to use your own computer and broadband connection to get started.

    What our consultants say

    Not only do I now have happier clients, but also a healthier work-life balance. A true win-win.

    David Miers

    Consultant (Stress at Work)

    I love that it’s all up to me – what I do, when I work, I’m the master of my own destiny.

    Maria Schultz

    Consultant (Residential and Commercial Property)

    It gives you a better work life balance, it gives you greater work satisfaction and it can boost your self-esteem. It has made me a happier and more confident lawyer.

    Thowheetha Shaah

    Consultant (Family Law)

    Download our Brochure

    Download our brochure to learn more about the Setfords model and how we support our consultant lawyers.

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      Take your first step today

      For unparalleled flexibility, greater earnings, and all the support you need to build your successful business, Setfords is here. If you’re an entrepreneurial lawyer who wants to join an award-winning firm where investment in your growth is the priority, fill out this form, and one of our team will be in touch to discuss life as a consultant lawyer.

      Alternatively, contact us by telephone or email:
      Email us: [email protected] / Call us: 0330 162 1792

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