Lawyer-Turned-Entrepreneur: How the Collision of Diverse Careers can Blend into Success
It was a great article.
Here is an extract:There are certain basic characteristics that are innate in both lawyers and entrepreneurs. For example, both careers require energy, initiative, motivation, creativity, and the ability to juggle multiple tasks, deal with time pressures, and pick up new information quickly. Both careers also require an objective approach to problems, such as focusing on performance and accomplishment rather than personal feelings.
Despite the similarities, lawyers and entrepreneurs can be very different. Three characteristics distinguish lawyers-turned-entrepreneurs from their peers who remained in the legal sector: their risk tolerance, their optimism, and their leadership abilities. Most lawyers are skilled at risk analysis and avoidance. There are exceptions, such as personal injury or product liability lawyers that often take enormous risks in hopes of yielding a huge reward; however, most people choose the legal field because of its predictability. The lawyers that separate themselves from the majority are the ones that have an innate attraction to challenge. It is this need for challenge that makes the lawyer-turned-entrepreneur more risk tolerant. Put differently, it often seems as though entrepreneurs are taking high risks, but in actuality they have assessed the risks thoroughly, and this assessment is a function of entrepreneurship that lawyers are more than equipped to handle.
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| We can't help peering into someone else's windows to find out about their lives. Curiosity got the cat, and it sometimes gets us, too. In this post I rant about being a lawyer, and wonder whether I should see myself as a contractor. |
