Many paralegals dream of freelancing, but they allow mind viruses, limiting beliefs, and other fears stop them from cultivating their dream into a reality. I could waste your time and give you stats regarding “the state of freelancing and list of boring stats that prove why you should go for it.” But, why? You already know you want to freelance, and you already know the benefits you want to achieve. So, why waste your time? I am not going to waste your time. What I am going to tell you is the hard truth:
PROS | CONS |
---|---|
Flexible work schedule | Inconsistent income or pay |
Acquisition of the new skills you want | No traditional job security |
Quality and type of work is up to you | Nobody covers your benefits |
Work from anyway (you’re in control) | Increased overhead | tax disadvantages |
Tax advantages (write off and dedications) | No set hours (Depending on your personal discipline) |
Ability to be your own boss | Family & Friends have difficulty with distinguishing work hours vs. personal time |
You don’t have to commute — it’s your choice | There is considerable amount of financial investment – unless you’re independently wealthy this is a concern for most paralegals. |
You get to be creative | You have to learn how to market yourself |
In all honesty the pros and cons can vary from person to person. Although most freelancer regardless of industry have the same pros and cons depending on their personal discipline with working from home or for themselves. As you can see from this list above there can be a pro for one and the same thing be a con for another person.
Making the decision to go into freelance is a big decision. It can also be overwhelming, scary, and frustrating. BVP coaches can help. If you found this blog post a helpful roadmap but you need a cheerleader, give us a call – we would love to help you!
Live Your Best Life
Holly A. Sheriff, MSLS, MCC, CCC, PCC, LPCC, CPP is an experienced, seasoned paralegal and certified empowered action coach specializing in accountability, focused action, and goal achievement. Holly’s holistic approach brings clarity, direction, and positive support for her clients. She helps clients live their best life, by filling the gap between where they are now and where they want to be.
Our clients say it best!
RLT - Attorney at Law, Missouri
Richard P. T. Attorney at Law, Connecticut
TMK, Attorney & Counsel at Law Vermont
Tammy - Freelance Paralegal
S.D.W., Litigation & Trial Lawyers, Kentucky
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Best Virtual Paralegal LLC is not a law firm. This website is for general information about the products and services offered by Best Virtual Paralegal LLC to attorneys and law firms within the United States. If you have come to this website with a specific legal issue or problem, you should consider seeking the advice of a licensed attorney of your own choosing. All paralegal tasks should be supervised by a licensed attorney.