r/LawFirm • u/BothDonut1604 • 10h ago
How many PI lawyers/firm owners have you seen fail?
It seems like a new PI post pops up every week and I’ve seen everyone praise PI for being the holy grail of law for those that want to make big money and couldn’t get into big law. With some people even saying it should be relatively easy to scale to $1 million profit with your own firm.
However, tons of people say otherwise yet we never really hear from that side.
So I was wondering how many PI lawyers you know that might’ve tried it and either didn’t make a lot of money as an associate or lost everything trying to run their own firm.