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How much should you be earning as a new solo?

If I said $15k your first year, would you be disappointed?  If I said $80k your first year, would you be overly elated?  Truth is that it’s probably going to be somewhere in the middle.

How much you bring in as a solo solely depends on the rainmaker – you.  If you’re good at marketing and you’re a good lawyer and you’re a good business person (yes, you have to be all of the above), then chances are, you’ll make good money and keep making better money.

It’s very hard to say the first year what you should be making but whatever you make your first year, the general consensus is that your income should double every year after until about the 5th year when it should start to plateau and level out.  This is simply the average projection.  You are by all means free to shatter those expectations.

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