Lawyers, who survive the profession, mostly, are cautious financially, and build what they have up over time. A lot of lawyers are broke or financially distressed, some have to close up shop, despite early successes. Those who survive are careful which matters they take, and who they permit to be their client. It is a difficult career to succeed in, and many don't.
Those who do succeed have good and bad times, as the economy rises and falls. They learn to save for bad months, and not overspend on good ones.
They take deposits, and measure how much spending and work they do for a matter before paid for work already done, and don't keep working without regular payments towards what is owed, or to be owed.
SACNS News & Analysis. Marc Evan Aupiais' Substantive Accurate Concise Nuanced Select.
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